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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Industrial properties
236 Adele Ct, Villa Park, IL 60181-1208
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2352031
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,168 SF
Lot
0.63 ac (27,443 SF)
Zoning code
I
APN
03-34-307-006
UPID
US28-2352031
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
-
TransChicago Truck Truck Group Training & Innovation Center Training Center
-
Global Web Systems Inc Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.12M
Owner & transaction history
236 E Adele Ct LLC · 4 yrs held
236 E Adele Ct LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I · Villa Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+56.7%
Warehouse, storage
$1.1M
+0.6%
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 Villa Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Park 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
$1,115,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,055,000
Current use
OFFICE BUILDING
$1,650,000
Change: +57% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,060,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.10M (Apr 26 2022)
Last sale anchor
$1.10M
Apr 26 2022
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
$110 / 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
$24,335
Tax year 2023
Assessed value
$349,800
Assessed 2023
Previous assessed
$312,320
+12.0% YoY
Effective rate
6.96%
On assessed value
Assessed land
$83,990
Assessed improvement
$265,810
Land market value
$251,970
Improvement market value
$797,430
Total market value
$1,049,400
Applied tax rate
3,036.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
10,168 SF
Lot
0.63 ac (27,443 SF)
Zoning code
I
APN
03-34-307-006
UPID
US28-2352031
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Villa Park, IL
Zoning I · permitted uses
I · Villa Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.63 ac
Current owner
From public records · entity-resolved
236 E Adele Ct LLC
Entity
Mailing address
776 N YORK ST, ELMHURST, IL 60126-1356
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2023
—
236 E Adele Ct LLC
—
Deed
related
$1,155,000 · Daimler Truck Financial Services USA LLC
Apr 26, 2022
$1,100,000
236 E Adele Ct LLC
Jok Holdings LLC
Special Warranty Deed
—
Feb 3, 2017
—
Jok Holdings LLC
—
Deed
related
$286,000 · Illinois Financial Services
Jan 12, 2017
$690,000
Jok Holdings LLC
Sutherland,charles D
Warranty Deed
$345,000 · Crystal Lake Bk&tr
Jan 12, 2017
—
Charles D Sutherland
Trust 1-98-142
Grant Deed
—
Oct 29, 1998
$580,000
First American Bank Trustee
Piotrowski,george J
Trustees Deed
related
$290,000 · First American Savings Bank
—
—
First American Bank Trustee
—
Deed Of Trust
related
$232,000 · First American Savings Bank
—
—
George J Piotrowski
—
Deed Of Trust
related
$350,000 · First American Savings Bank
—
—
First American Bank Trustee
—
Deed Of Trust
related
$250,000 · Small Business Growth Corp
—
—
First American Bank Trustee
—
Deed Of Trust
related
$486,288 · First Community Bank
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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