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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Medical Office Space
22nd Butterfield Rd Glen Ellyn, IL 60137-6957
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US28-3115709
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Total area
4,192 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R
APN
05-26-306-003
UPID
US28-3115709
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
$855k
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$855k
Owner & transaction history
Butterfield Investors LLC · 14 yrs held
Butterfield Investors LLC
since 2012
7 recorded transactions
Zoning & alternative use
R · Glen Ellyn, 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 Glen Ellyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Ellyn 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%
$925,000
6.5%
$855,000
7%
$795,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$945,000
Current use
RETAIL STORES
$905,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$204 / 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
$33,137
Tax year 2023
Assessed value
$426,380
Assessed 2023
Previous assessed
$426,790
-0.1% YoY
Effective rate
7.77%
On assessed value
Assessed land
$91,360
Assessed improvement
$335,020
Land market value
$274,080
Improvement market value
$1,005,060
Total market value
$1,279,140
Applied tax rate
5,075.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Heating
NONE
Stories
1
Total area
4,192 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R
APN
05-26-306-003
UPID
US28-3115709
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
R · Glen Ellyn, IL
Zoning R · permitted uses
R · Glen Ellyn, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Ellyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$945,000
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING
Est. value
$760,000
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
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
2010
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Butterfield Investors LLC
Entity
Mailing address
22ND BUTTERFIELD RD, GLEN ELLYN, IL 60137-6957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Jan 20, 2017
—
Butterfield Investors LLC
—
Deed
related
$900,000 · Jpmorgan Chase Bank NA
Jan 30, 2012
—
Butterfield Investors LLC
Trust 2963
Grant Deed
—
Sep 14, 2007
—
Maple Woods Estates LLC
—
Trustees Deed
related
$2,128,650 · State Bank Of Countryside
Jan 20, 2006
$590,000
Maple Woods Estates LLC
Major,frank S
Warranty Deed
$442,500 · State Bank Of Countryside
Oct 15, 2002
$216,000
Us Bank NA
Pearah,george
Grant Deed
related
—
—
—
Trust 2963
—
Deed Of Trust
related
—
—
—
Maple Woods Estates LLC
—
Deed Of Trust
related
$3,222,900 · State Bank Of Countryside
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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