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Property profile & analytics
OFF-MARKET
Estimated value
$3,560,000
Warehouses
2380 Prospect Dr, Aurora, IL 60502-7813
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US28-0483146
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
39,881 SF
Lot
2.73 ac (118,919 SF)
Zoning code
I
APN
07-05-301-014
UPID
US28-0483146
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
-
Team One Volleyball Gym & Fitness Center
-
WAV, LLC Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.03M
Blend (final)
Blend
$3.56M
Owner & transaction history
Butterfield Realty LLC · 23 yrs held
Butterfield Realty LLC
since 2003
7 recorded transactions
Zoning & alternative use
I · Aurora, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.1M
+33.9%
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,815,000
Current use
INDUSTRIAL (GENERAL)
$5,105,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$3.56M
Range $3.20M – $3.92M · ±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
$89 / 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
$65,895
Tax year 2023
Assessed value
$810,830
Assessed 2023
Previous assessed
$708,550
+14.4% YoY
Effective rate
8.13%
On assessed value
Assessed land
$208,800
Assessed improvement
$602,030
Land market value
$626,400
Improvement market value
$1,806,090
Total market value
$2,432,490
Applied tax rate
7,045.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Heating
NONE
Total area
39,881 SF
Lot
2.73 ac (118,919 SF)
Zoning code
I
APN
07-05-301-014
UPID
US28-0483146
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Aurora, IL
Zoning I · permitted uses
I · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2001
Heating
NONE
Lot
2.73 ac
Current owner
From public records · entity-resolved
Butterfield Realty LLC
Entity
Mailing address
2380 PROSPECT DR STE A, AURORA, IL 60502-7815
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Apr 4, 2005
—
Butterfield Realty LLC
—
Trustees Deed
related
$1,262,000 · Royal American Bank
Oct 2, 2003
—
Butterfield Realty LLC
—
Deed Of Trust
related
$1,262,000 · Harris Bank Naperville
Jan 3, 2003
$2,134,000
Butterfield Realty LLC
Butterfield Spec IV Co LLC
Grant Deed
related
$1,600,200 · Harris Bank Naperville
Nov 30, 2000
—
Butterfield Spec III Co LLC
Lasalle Bank NA Trustee
Grant Deed
$13,202,000 · Lasalle Bank NA Trustee
—
—
Butterfield Realty LLC
—
Loan Modification
related
$1,455,242 · Wheaton Bk&tr
—
—
Butterfield Realty LLC
—
Deed Of Trust
related
$1,471,121 · Pnc Bank
—
—
Butterfield Realty LLC
—
Deed Of Trust
related
$1,240,000 · Wheaton Bk&tr
—
—
Butterfield Realty LLC
—
Deed Of Trust
related
$1,730,000 · Royal American Bank
—
—
Butterfield Realty LLC
—
Deed Of Trust
related
$1,300,000 · Small Business Growth Corp
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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