Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2275 Church Rd, Unit 77 Aurora, IL 60502-8741

    • Office Properties & Spaces
    • 9,150 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-5663575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Law Elder Law / Law Hesselbaum LLP / Attorney
    • Law Hesselbaum / Law Firm

    Property Details for 2275 Church Rd

    Year built
    1990
    Lot size
    1.50 lot acres
    Property size
    9,150 SF
    Property type
    Office Properties & Spaces
    APN
    15-02-426-006
    APU
    1502426006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $400,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $621,000
      Market price range: $241k - $1.02M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2871
    Latitude
    41.8016
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $37,457
    $67,797
    $320,152
    $387,949
    -
    $203,391
    $960,456
    $1,163,847

    Comparable in this City

    • Value Estimation
      $470,000
      17,887 SF

      2505 Diehl Rd

      OFFICE (GENERAL) • 17,887 SF
      2505 Diehl Rd, Aurora, IL 60502-9489
      View Details
    • Value Estimation
      $475,000
      14,875 SF

      2021 Eola Rd

      OFFICE (GENERAL) • 14,875 SF
      2021 Eola Rd, Aurora, IL 60502-5600
      View Details
    • Value Estimation
      $410,000
      10,270 SF

      2631 Ginger Woods Pkwy

      OFFICE (GENERAL) • 10,270 SF
      2631 Ginger Woods Pkwy, Aurora, IL 60502-7416
      View Details
    • Value Estimation
      $610,000
      13,488 SF

      7th N Eola Rd

      OFFICE (GENERAL) • 13,488 SF
      7th N Eola Rd, Aurora, IL 60502-9427
      View Details
    • Value Estimation
      $445,000
      13,284 SF

      1222 Eola Rd

      OFFICE (GENERAL) • 13,284 SF
      1222 Eola Rd, Aurora, IL 60502-9409
      View Details
    • Value Estimation
      $380,000
      6,948 SF

      Weber Dr

      OFFICE (GENERAL) • 6,948 SF
      Weber Dr, Aurora, IL 60502
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.56 Acres

      Aurora Car Wash Business for Sale

      High-volume, luxury car wash with strong financials.
      2903 Kirk Rd, Aurora, IL 60502
      View Details
    • Contact for pricing
      1.36 Acres

      Aurora Commercial Land - 1.36 Acres

      Prime Aurora development site, high traffic area.
      Aurora IL Aurora Rd, Aurora, IL 60502
      View Details
    • Contact for pricing
      1.60 Acres

      Aurora Commercial Land Investment

      Prime Aurora, IL location, ideal for development.
      Lot 4&5 Church Rd. & Bilter Rd, Aurora, IL 60502
      View Details
    • $950,000
      13.00 Acres

      Aurora Land Ready for Development

      13-acre land offering in Aurora, IL, for commercial or mixed-use development.
      1900 E New York St, Aurora, IL 60502
      View Details
    • Contact for pricing

      1.36 Acre Development Site

      1.36 acre development site near Jewel Osco and Metra.
      3141 N Aurora Rd, Aurora, IL 60502
      View Details
    • $414,900

      Luxury Townhome Near Transportation

      Upgraded townhome near I88, Metra, shopping, and downtown Naperville.
      1254 Townes Cir, Aurora, IL 60502
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Renovated Office Space Available

      Renovated office space with parking in a great location.
      2600 Beverly Dr, Aurora, IL 60502
      View Details
    • $16 SF/Yr
      4,760 SF

      Aurora Office Space For Rent

      Office space with I-88 visibility and monument signage.
      2200-2280 White Oak Cir, Aurora, IL 60502
      View Details
    • Contact for pricing
      4,485 SF

      Anchored Shopping Center Space Available

      91,000 SF shopping center with shop space for rent.
      1137 N Eola Rd, Aurora, IL 60502
      View Details
    • Contact for pricing
      100,000 SF

      Aurora Industrial Property for Rent

      100,000 square foot industrial space available for lease.
      2580 Prospect Ct, Aurora, IL 60502
      View Details
    • Contact for pricing
      2,829 SF

      Retail Space in Aurora Center

      Retail space available in busy Aurora shopping center.
      1535 Butterfield Rd, Aurora, IL 60502
      View Details
    • $7,900,000
      49,332 SF

      Aurora School & Residence Facility

      Fully built-out school and residence for special use.
      998 Corporate Blvd, Aurora, IL 60502
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2275 Church Rd, Unit 77
    Aurora, IL 60502-8741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.