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Property profile & analytics
OFF-MARKET
Drive through restaurants
2040 Aurora Ave, Naperville, IL 60540-0963
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2077217
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1996
Total area
2,882 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C
APN
07-22-201-008
UPID
US28-2077217
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
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dika-jefferson LLC · 24 yrs held
Dika-jefferson LLC
since 2002
7 recorded transactions
Zoning & alternative use
C · Naperville, IL
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 Naperville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naperville 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
—
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
$18,901
Tax year 2023
Assessed value
$282,680
Assessed 2023
Previous assessed
$258,720
+9.3% YoY
Effective rate
6.69%
On assessed value
Assessed land
$140,670
Assessed improvement
$142,010
Land market value
$422,010
Improvement market value
$426,030
Total market value
$848,040
Applied tax rate
7,030.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1996
Heating
NONE
Total area
2,882 SF
Lot
0.6 ac (26,136 SF)
Zoning code
C
APN
07-22-201-008
UPID
US28-2077217
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Naperville, IL
Zoning C · permitted uses
C · Naperville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naperville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Lot
0.6 ac
Current owner
From public records · entity-resolved
Dika-jefferson LLC
Entity
Mailing address
2420 FAWN LK CIR, NAPERVILLE, IL 60564-4649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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 5, 2017
—
Dika Jefferson LLC
—
Deed
related
$970,000 · Devon Bank
Sep 25, 2017
—
Tri City Foods Of Illinois INC
—
Loan Modification
related
$257,500,000 · Wells Fargo Bk
Dec 1, 2016
—
Dika-jefferson LLC
—
Deed
related
$1,500,000 · Miscellaneous Ins Co
Dec 12, 2014
—
Tri City Foods Of Illinois INC
—
Grant Deed
related
$146,000,000 · Wells Fargo Bk
Jun 25, 2002
$5,700,000
Dika-jefferson LLC
Aurora/ogden LP
Grant Deed
$4,292,750 · Northbrook Bank & Trust Co
—
—
Dika-jefferson LLC
—
Deed Of Trust
related
$175,000 · Northbrook Bank & Trust Co
—
—
Dika-jefferson LLC
—
Deed Of Trust
related
$1,500,000 · Miscellaneous Ins Co
—
—
Dika-jefferson LLC
—
Deed Of Trust
related
$300,000 · Northbrook Bank & Trust Co
—
—
Dika-jefferson LLC
—
Deed Of Trust
related
$4,994,067 · Northbrook Bank & Trust 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.
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