New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Apartment buildings
1991 Randi Dr 2021, Aurora, IL 60504-4757
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1484149
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2001
Total area
76,792 SF
Lot
5.85 ac (254,826 SF)
APN
15-36-202-005
UPID
US28-1484149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alden Courts of Waterford Rehabilitation Center Hospice
-
Alden Bennett Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.38M
Owner & transaction history
Alden Master Tenant Association LLC · 5 yrs held
Alden Master Tenant Association LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$83,446
Tax year 2022
Assessed value
$1,098,294
Assessed 2022
Previous assessed
$1,022,525
+7.4% YoY
Effective rate
7.60%
On assessed value
Assessed land
$576,465
Assessed improvement
$521,829
Land market value
$1,729,395
Improvement market value
$1,565,487
Total market value
$3,294,882
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2001
Heating
NONE
Total area
76,792 SF
Lot
5.85 ac (254,826 SF)
APN
15-36-202-005
UPID
US28-1484149
Jurisdiction
KANE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Lot
5.85 ac
Current owner
From public records · entity-resolved
Alden Master Tenant Association LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4200 W PETERSON AVE STE #140, CHICAGO, IL 60646-6819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2021
—
Waterford Rchab And Courts LLC
—
Deed
related
$23,844,900 · Cambridge Realty Capital Ltd
Jun 28, 2021
—
Alden Master Tenant Association LLC
Lawrence Avenue Building LLC
Lease
—
Sep 30, 2016
—
Waterford Rehab & Courts LLC
—
Deed
related
$18,312,538 · Cambridge Rlty Cap Ltd/il
Apr 26, 2011
—
Waterford Rehab & Courts LLC
Trust 125038-01
Grant Deed
$19,440,000 · Cambridge Rlty Cap Ltd/il
—
—
Chicago Title Land Trust Co
—
Deed Of Trust
related
$19,440,000 · American Nat'l Bk & Tr Chicago
—
—
Waterford Rehab & Courts LLC
—
Deed Of Trust
related
$4,404,900 · Cambridge Realty Capital Ltd
—
—
Waterford Rehab & Courts LLC
—
Loan Modification
related
$18,312,538 · Cambridge Rlty Cap Ltd/il
—
—
David T Tsao
—
Deed Of Trust
related
$161,250 · Majestic Mortgage Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1991 Randi Dr, Unit 2021?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
