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Property profile & analytics
OFF-MARKET
Estimated value
$15,610,000
Medical Office Space
2013 Midwest Rd, Oak Brook, IL 60523-1312
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1374328
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1971
Total area
37,226 SF
Lot
2.34 ac (101,930 SF)
Zoning code
C
APN
06-22-303-035
UPID
US28-1374328
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
-
Alta Rehab at Oak Brook Rehabilitation Center Nursing Home
-
Sujata Gur Physician
-
Northern Illinois Clinical Lab Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$15.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.06M
Blend (final)
Blend
$15.61M
Owner & transaction history
2013 Midwest Road LLC · 2 yrs held
2013 Midwest Road LLC
since 2024
Last sale
$15.6M
7 recorded transactions
Zoning & alternative use
C · Oak Brook, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.2M
+57.1%
Restaurant
$11.6M
+38.1%
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
$15,610,000
ML approach
$15,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$13,170,000
Change: +57% · Conversion: Difficult
RESTAURANT
$11,575,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$15.61M
Range $14.05M – $17.17M · ±10% · vs last sale $15.61M (Jan 5 2024)
Last sale anchor
$15.61M
Jan 5 2024
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
$419 / 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
$140,545
Tax year 2023
Assessed value
$3,091,890
Assessed 2023
Previous assessed
$2,942,410
+5.1% YoY
Effective rate
4.55%
On assessed value
Assessed land
$785,770
Assessed improvement
$2,306,120
Land market value
$2,357,310
Improvement market value
$6,918,360
Total market value
$9,275,670
Applied tax rate
6,111.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1971
Heating
NONE
Total area
37,226 SF
Lot
2.34 ac (101,930 SF)
Zoning code
C
APN
06-22-303-035
UPID
US28-1374328
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
AUTO REPAIR, GARAGE
Est. value
$13.2M
RESTAURANT
Est. value
$11.6M
AUTO REPAIR, GARAGE
RESTAURANT
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
1971
Heating
NONE
Lot
2.34 ac
Current owner
From public records · entity-resolved
2013 Midwest Road LLC
Entity
Mailing address
4655 W CHASE AVE, LINCOLNWOOD, IL 60712-1605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Mar 17, 2026
—
2013 Midwest Road LLC
—
Deed
related
$16,080,000 · Walker & Dunlop LP
Jan 5, 2024
$15,610,000
2013 Midwest Road LLC
Oakbrook Associates Property LLC
Special Warranty Deed
$43,000,000 · Oxford Finance LLC
Sep 27, 2017
—
Oakbrook Associates Prop LLC
—
Deed
related
$7,196,000 · Capital One Multifamily Fin
Jan 28, 2004
—
Oakbrook Property LLC
Chicago Title Land Trt Co Ttee
Grant Deed
$8,152,700 · Cambridge Realty Capital Ltd
Oct 21, 1998
—
Grand Premier Tr & Invest Ttee
Grand Premier Tr & Invest Ttee
Quit Claim Deed
related
$8,152,700 · Cambridge Realty Captial Ltd
Jun 11, 1998
$4,416,000
Grand Premier Tr & Invest Ttee
Lasalle National Bk Chgo Ttee
Grant Deed
—
Feb 3, 1998
—
Grand Premier Tr & Inv Ttee
American Nat'l Bk & Tr Co Ttee
Grant Deed
related
—
—
—
Oakbrook Associates Prop LLC
—
Deed Of Trust
related
$7,196,000 · Capital One Multifamily Fin
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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