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Property profile & analytics
OFF-MARKET
Office buildings
224 Main St, Wheaton, IL 60187-5232
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-0752142
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
FRAME
Total area
2,115 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C
APN
05-16-315-018
UPID
US28-0752142
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
-
Gary United Methodist Church Church
-
Christmas Sharing of Wheaton Warrenville Association Or Organization
-
Burning Bush Gallery Art Gallery
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
Jenecece LLC · 6 yrs held
Jenecece LLC
since 2019
7 recorded transactions
Zoning & alternative use
C · Wheaton, 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 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
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
$10,319
Tax year 2023
Assessed value
$144,470
Assessed 2023
Previous assessed
$136,530
+5.8% YoY
Effective rate
7.14%
On assessed value
Assessed land
$45,690
Assessed improvement
$98,780
Land market value
$137,070
Improvement market value
$296,340
Total market value
$433,410
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
1969
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
2,115 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C
APN
05-16-315-018
UPID
US28-0752142
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.
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jenecece LLC
Entity
Mailing address
224 S MAIN ST, WHEATON, IL 60187-5232
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 6, 2019
—
Jenecece LLC
—
Deed
related
$160,000 · Small Busn Growth
Dec 4, 2019
$437,500
Jenecece LLC
Ssp Real Estate LLC
Warranty Deed
$153,125 · Jpmorgan Chase Bank NA
Nov 6, 2013
$405,000
Ssp Real Estate LLC
Cynthia J Weber
Warranty Deed
—
Mar 23, 2004
—
Weber,tr
Weber,gary R
Quit Claim Deed
related
—
Jun 7, 1999
$260,000
Gary R Weber
Bridgeview Bank & Trust Ttee
Grant Deed
$208,000 · West Suburban Bank
—
—
Bridgeview Bank & Trust Ttee
—
Deed Of Trust
related
$240,000 · Bridgeview Bank & Trust
—
—
Weber Cynthia J Trust
—
Deed Of Trust
related
$150,000 · West Suburban Bank
—
—
Ssp Real Estate LLC
—
Deed Of Trust
related
$169,000 · Small Business Growth Corp
—
—
Jenecece LLC
—
Deed Of Trust
related
$160,000 · Small Busn Growth
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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