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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Office buildings
218 Willow Ave, Wheaton, IL 60187-5765
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5540808
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,512 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C
APN
05-16-322-004
UPID
US28-5540808
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
-
David Colorado - Chicagoland Realtor Real Estate Agency
-
Jackie Angiello, Keller Williams Premiere Properties- Glen Ellyn/Wheaton Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$730k
Owner & transaction history
Pcj Worldwide LLC · 2 yrs held
Pcj Worldwide LLC
since 2023
6 recorded transactions
Zoning & alternative use
C · Wheaton, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$790,000
+40.7%
Retail stores
$755,000
+34.6%
Commercial (general)
$740,000
+31.2%
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 Wheaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheaton 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%
$860,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$560,000
Current use
MEDICAL BUILDING
$790,000
Change: +41% · Conversion: Easy
RETAIL STORES
$755,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$740,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$208 / 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
$11,971
Tax year 2023
Assessed value
$167,600
Assessed 2023
Previous assessed
$158,390
+5.8% YoY
Effective rate
7.14%
On assessed value
Assessed land
$72,680
Assessed improvement
$94,920
Land market value
$218,040
Improvement market value
$284,760
Total market value
$502,800
Applied tax rate
5,323.0000
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
3,512 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C
APN
05-16-322-004
UPID
US28-5540808
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Wheaton, IL
Zoning C · permitted uses
C · Wheaton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wheaton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$560,000
MEDICAL BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$740,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Pcj Worldwide LLC
Entity
Mailing address
608 S WASHINGTON ST STE #100, NAPERVILLE, IL 60540-6851
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
—
Pcj Worldwide LLC
Mission Eurasia INC
Warranty Deed
$780,000 · Providence Bank & Trust
Feb 4, 2008
$950,000
Peter Deyneka Russian Ministri
Bruss,william H & Marianne M
Warranty Deed
—
Jun 2, 2006
—
William H Bruss
—
Trustees Deed
related
$500,000 · State Bank Of Illinois
Apr 20, 1998
—
William H Bruss
Old Second Nat'l Bk Aurora Tte
Grant Deed
related
—
Apr 15, 1998
—
Second Nat'l Bk Aurora Tte Old
Stewards Foundation
Grant Deed
related
—
—
—
William H Bruss
—
Deed Of Trust
related
$500,000 · State Bank Of Illinois
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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