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Property profile & analytics
OFF-MARKET
Estimated value
$8,000,000
Hotels
205 Wn Ave, Carol Stream, IL 60188-2051
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2457363
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2000
Total area
70,624 SF
Lot
3.31 ac (144,184 SF)
Zoning code
C
APN
02-32-300-009
UPID
US28-2457363
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
$8.00M
CAP Approach
CAP
$8.13M
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$8.00M
Owner & transaction history
Hi Carol Stream LLC · 2 yrs held
Hi Carol Stream LLC
since 2024
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
C · Carol Stream, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.7M
+74.9%
Industrial (general)
$8.7M
+20.9%
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 Carol Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carol Stream 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
$8,000,000
ML approach
$8,000,000
CAP Approach
CAP Return
Estimation
6%
$8,805,000
6.5%
$8,130,000
7%
$7,550,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,235,000
Current use
OFFICE BUILDING
$12,660,000
Change: +75% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,745,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$8.00M
Range $7.20M – $8.80M · ±10% · vs last sale $8.00M (May 31 2024)
Last sale anchor
$8.00M
May 31 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
$113 / 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
$102,520
Tax year 2023
Assessed value
$1,147,400
Assessed 2023
Previous assessed
$1,101,170
+4.2% YoY
Effective rate
8.93%
On assessed value
Assessed land
$328,020
Assessed improvement
$819,380
Land market value
$984,060
Improvement market value
$2,458,140
Total market value
$3,442,200
Applied tax rate
2,046.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2000
Heating
NONE
Total area
70,624 SF
Lot
3.31 ac (144,184 SF)
Zoning code
C
APN
02-32-300-009
UPID
US28-2457363
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Carol Stream, IL
Zoning C · permitted uses
C · Carol Stream, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carol Stream. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.2M
OFFICE BUILDING
Est. value
$12.7M
INDUSTRIAL (GENERAL)
Est. value
$8.7M
HOTEL/MOTEL Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2000
Heating
NONE
Lot
3.31 ac
Current owner
From public records · entity-resolved
Hi Carol Stream LLC
Entity
Mailing address
900 AUBURN LN, BARTLETT, IL 60103-4570
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
May 31, 2024
$8,000,000
Hi Carol Stream LLC
Blackhawk Lodging INC
Warranty Deed
$6,000,000 · Grinnell State Bank
May 19, 2016
—
Blackhawk Lodging INC
—
Deed
related
$9,200,000 · Citizens 1st Bank
May 17, 2011
$3,000,000
Blackhawk Lodging INC
Chicago Title Land Trust Company
Deed
$5,430,000 · Citizens 1st Bank
Jul 24, 2009
—
Trust 119984-08
—
Deed Of Trust
related
$28,373,803 · First Midwest Bank
Nov 26, 2008
—
Trust 119984-08
—
Deed Of Trust
related
$28,084,672 · First Midwest Bank
Jun 14, 1999
—
American Nat'l Bk&tr Chgo Ttee
—
Grant Deed
related
$6,200,000 · First Midwest Bank
Aug 28, 1998
—
American Nat'l Bk & Tr Co Ttee
—
Grant Deed
related
$5,700,000 · Heritage Bank
—
—
Trust 119984-08
—
Deed Of Trust
related
$29,668,703 · First Midwest Bank
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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