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Property profile & analytics
FOR LEASE
Office buildings
2200 Kensington Ct Oak Brook, IL 60523
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5701796
For Lease
1 / 2
$17 SF/Yr
2200 Kensington Ct, Oak Brook, IL 60523
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Total area
104,967 SF
Lot
5.46 ac (237,838 SF)
Zoning code
C
APN
06-26-101-013
UPID
US28-5701796
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
-
Dealer Services Dept Building Supply Hardware & Home Improvement
-
Ace Center for Excellence Training Center
-
Ace Global Solutions Group Department Store
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
Galaxy Il Wi LP · 3 yrs held
Galaxy Il Wi LP
since 2022
Last sale
$39.0M
7 recorded transactions
Zoning & alternative use
C · Oak Brook, 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 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
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
$101,415
Tax year 2023
Assessed value
$2,627,000
Assessed 2023
Previous assessed
$2,500,000
+5.1% YoY
Effective rate
3.86%
On assessed value
Assessed land
$1,414,910
Assessed improvement
$1,212,090
Land market value
$4,244,730
Improvement market value
$3,636,270
Total market value
$7,881,000
Applied tax rate
6,143.0000
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
For Lease
Year built
1973
Heating
NONE
Total area
104,967 SF
Lot
5.46 ac (237,838 SF)
Zoning code
C
APN
06-26-101-013
UPID
US28-5701796
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.
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
5.46 ac
Current owner
From public records · entity-resolved
Galaxy Il Wi LP
Entity
Mailing address
700 DRESHER RD STE #150, HORSHAM, PA 19044-0138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2022
$39,000,000
Galaxy Il Wi LP
The Gc Net Lease Oak Brook Investor
Special Warranty Deed
$736,000,000 · Jpmorgan Chase Bank NA
Oct 2, 2017
—
Gc Net Lease Oak Brook Invtr
—
Grant Deed
related
$375,000,000 · Bank Of America
Apr 29, 2014
—
Net Lease Gc
Oak Brook Kensington LLC
Grant Deed
—
May 20, 2005
—
Brook Kensington Oak
Oak Brook Kensington 1031 LLC
Quit Claim Deed
—
Dec 20, 2004
$40,204,500
Oak Brook Kensington 1031 LLC
Ace Hardware Corp
Grant Deed
$21,450,000 · Bear Stearns Commercial Mtg
Jul 25, 2002
$23,075,000
Tiaa Realty INC
—
Grant Deed
related
—
Apr 23, 1998
—
Tiaa Realty INC
Teachers Insurance & Annuity
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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