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Property profile & analytics
OFF-MARKET
Office Spaces
2111 Chestnut Ave Ste 270 Glenview, IL 60025-1618
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2702298
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Lot
0.83 ac (36,273 SF)
APN
04-27-401-010-1011
UPID
US28-2702298
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
by Request
Owner & transaction history
Prs Holdings 2023 LLC · 2 yrs held
Prs Holdings 2023 LLC
since 2023
Last sale
$235,000
7 recorded transactions
Zoning & alternative use
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 Glenview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenview 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 2022Property tax & assessments
Tax year 2022
Tax billed
$21,551
Tax year 2022
Assessed value
$100,193
Assessed 2022
Previous assessed
$152,000
-34.1% YoY
Effective rate
21.51%
On assessed value
Assessed land
$19,149
Assessed improvement
$81,044
Land market value
$76,596
Improvement market value
$324,176
Total market value
$400,772
Applied tax rate
25,038.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
NONE
Lot
0.83 ac (36,273 SF)
APN
04-27-401-010-1011
UPID
US28-2702298
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
0.83 ac
Current owner
From public records · entity-resolved
Prs Holdings 2023 LLC
Entity
Mailing address
211 CHESTNUT AVE #270, GLENVIEW, IL 60025
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2023
$235,000
Prs Holdings 2023 LLC
Sewer Equipment Co Of America
Warranty Deed
$211,500 · Bank Of America NA
Jan 31, 2022
—
Sewer Equipment Co Of America
—
Deed
related
$133,544 · State Bank
May 27, 2020
—
Sewer Equipment Co Of America
—
Deed
related
$965,379 · Huntington Nat'l Bk
May 30, 2019
—
Sewer Equipment Co Of America
—
Loan Modification
related
$40,000,000 · Huntington Nat'l Bk
Mar 27, 2019
—
Sewer Equipment Co Of America
—
Deed
related
$35,000,000 · Huntington Nat'l Bk
Jun 19, 2018
—
Sewer Equipment Co Of America
—
Loan Modification
related
$30,000,000 · Huntington Nat'l Bk
Jul 5, 2017
—
Sewer Equipment Co Of America
—
Loan Modification
related
$20,000,000 · Huntington Nat'l Bk
Oct 28, 2016
—
Sewer Equipment Co Of America
—
Deed
related
$19,498,500 · Huntington Nat'l Bk
—
—
Sewer Equipment Co Of America
—
Loan Modification
related
$35,000,000 · Huntington Nat'l Bk
—
—
Sewer Equipment Co Of America
—
Deed Of Trust
related
$19,498,500 · Firstmerit Bk
—
—
Sewer Equipment Co Of America
—
Loan Modification
related
$965,379 · Huntington Nat'l Bk
—
—
Sewer Equipment Co Of America
—
Deed Of Trust
related
$545,000 · National Bank
—
—
Sewer Equipment Co Of America
—
Loan Modification
related
$19,407,705 · Firstmerit Bk
—
—
Sewer Equipment Co Of America
—
Loan Modification
related
$19,498,500 · Huntington Nat'l Bk
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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