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Financial
Distress signals
Property profile

2 Park Ave Lombard, IL 60148

OFF-MARKET
Other investment properties
Property ID
US28-1092808
4,992 SF 0.09 ac lot Built 1908
Last sale Dec 2014 · $240,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a third-floor commercial space within the Babcock Building, a historic structure constructed in 1858, located at 2 S Park Avenue in Lombard. The space comprises approximately 1,258 square feet and is configured with a large open area suitable for a range of fitness and instructional uses. It is zoned OFFIC and may accommodate concepts such as a yoga studio, dance studio, or martial arts studio. The location is in the central Lombard area with nearby shops, restaurants, and train access within walking distance.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$170k
Assessed land$14k
Assessed improvement$156k
Effective rate8.04%

Value estimate

· Oct 2026
$310k
$279k – $341k
Submarket $/SF estimate$949k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
County average, outlier-cleaned · 712 recorded sales of this use type
Observed band · Q1–Q3$122 – $327
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.5
Realty agency16.5
Dental Office13.9

Location

2 Park Ave Lombard, IL 60148-2535
County assessor Recorded deeds · 4 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Main, Lombard, IL 60148-2634 $855,000 Oct 2022 7,272 SF
100 Saint Charles, Lombard, IL 60148-2231 $950,000 Aug 2022 6,511 SF
106 Saint Charles, Lombard, IL 60148-2294 $652,000 May 2021 4,250 SF
200 Saint Charles, Lombard, IL 60148-2385 $445,000 Nov 2019 5,814 SF
316-20 Westmore, Lombard, IL 60148 $585,000 Jun 2019 6,632 SF
116 Main, Lombard, IL 60148-2628 $300,000 Jan 2019 2,984 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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