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Property profile & analytics
OFF-MARKET
Estimated value
$18,320,000
Office buildings
2002 Hub Group Way, Oak Brook, IL 60523-1005
Entity Owned
9-yr Hold
Free & Clear
Property ID
US28-5807952
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
128,536 SF
Lot
11.24 ac (489,614 SF)
Zoning code
C
APN
06-24-307-023
UPID
US28-5807952
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.32M
Owner & transaction history
Hub Group INC · 9 yrs held
Hub Group INC
since 2016
7 recorded transactions
Zoning & alternative use
C · Oak Brook, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$29.9M
+10.8%
Medical building
$29.0M
+7.4%
Retail stores
$27.7M
+2.8%
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 Oak Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Brook 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$26,955,000
Current use
COMMERCIAL (GENERAL)
$29,865,000
Change: +11% · Conversion: Easy
MEDICAL BUILDING
$28,955,000
Change: +7% · Conversion: Easy
RETAIL STORES
$27,695,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$24,820,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$18.32M
Range $16.49M – $20.15M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$290,700
Tax year 2023
Assessed value
$5,355,670
Assessed 2023
Previous assessed
$2,784,070
+92.4% YoY
Effective rate
5.43%
On assessed value
Assessed land
$2,925,500
Assessed improvement
$2,430,170
Land market value
$8,776,500
Improvement market value
$7,290,510
Total market value
$16,067,010
Applied tax rate
6,064.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Heating
NONE
Total area
128,536 SF
Lot
11.24 ac (489,614 SF)
Zoning code
C
APN
06-24-307-023
UPID
US28-5807952
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Oak Brook, IL
Zoning C · permitted uses
C · Oak Brook, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Brook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$27.0M
COMMERCIAL (GENERAL)
Est. value
$29.9M
MEDICAL BUILDING
Est. value
$29.0M
RETAIL STORES
Est. value
$27.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$24.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Lot
11.24 ac
Current owner
From public records · entity-resolved
Hub Group INC
Entity
Free & Clear · 9 yrs held
Mailing address
2000 YORK RD, OAK BROOK, IL 60523-8820
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2016
$14,850,000
Hub Group INC
Ryan-ccp Oak Brook LLC
Grant Deed
—
Oct 7, 2016
—
Ryan-ccp Oak Brook LLC
—
Trustees Deed
related
$1,500,000 · Evergreen Bk Grp
Feb 16, 2016
—
Ryan Ccp Oak Brook LLC
Ccp Oak Brook LLC
Special Warranty Deed
—
Feb 16, 2016
$760,000
Ryan Companies Us INC
Ccp Oak Brook LLC
Grant Deed
—
Jun 28, 2013
$8,000,000
Ccp Oak Brook LLC
Duke York Road LLC
Grant Deed
$5,100,000 · Evergreen Bank Group
Jul 5, 2005
$6,694,000
Duke York Road LLC
Bre Of York Road LLC
Grant Deed
—
Jul 25, 2002
$1,678,500
Bre York Road LLC
2000 York Road LLC
Grant Deed
—
Jul 2, 1998
$16,150,000
350 Mannheim Road LLC
Mutual Life Insurance Co Ny
Grant Deed
—
—
—
2000 York Road LLC
—
Deed Of Trust
related
$12,000,000 · Capital Co Of America LLC
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.
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