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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Retail space
2616 Ogden Ave, Aurora, IL 60504-7289
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0448926
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
7,400 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
07-30-407-037
UPID
US28-0448926
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
-
Big Apple Bagels Restaurant
-
Jame & Kandel Law Group Auto Accident Lawyers Law Firm
-
Nancy's Pizza Restaurant
-
UMT - FREE Rapid & PCR Testing | Aurora Medical Laboratory
-
Gold Lithia Disposal Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Ogden Eola LLC · 16 yrs held
Ogden Eola LLC
since 2010
7 recorded transactions
Zoning & alternative use
C · Aurora, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+4.5%
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%
$1,200,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,595,000
Current use
MEDICAL BUILDING
$1,665,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$1,325,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$136 / 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
$28,442
Tax year 2023
Assessed value
$349,970
Assessed 2023
Previous assessed
$333,650
+4.9% YoY
Effective rate
8.13%
On assessed value
Assessed land
$115,850
Assessed improvement
$234,120
Land market value
$347,550
Improvement market value
$702,360
Total market value
$1,049,910
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Heating
CENTRAL
Cooling
CENTRAL
Total area
7,400 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
07-30-407-037
UPID
US28-0448926
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Aurora, IL
Zoning C · permitted uses
C · 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
RETAIL STORES Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
MEDICAL BUILDING
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
1997
Heating
CENTRAL
Cooling
Yes
Lot
0.98 ac
Current owner
From public records · entity-resolved
Ogden Eola LLC
Entity
Mailing address
13307 WOOD DUCK DR, PLAINFIELD, IL 60585-8123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2023
—
Ogden Eola LLC
—
Deed
related
$800,000 · Peoples National Bank Of Kewanee
Apr 3, 2023
—
Ogden Eola LLC
—
Deed
related
$800,000 · Peoples National Bank Of Kewanee
Apr 24, 2017
—
Ogden Eola LLC
—
Deed
related
$381,520 · First Nat'l Bk/dwight
Apr 19, 2010
$905,000
Ogden Eola LLC
First Midwest Bank
Special Warranty Deed
$635,000 · First National Bank Of Dwight
Mar 1, 2010
—
Midwest Bk First
Trust 3559
Grant Deed
—
—
—
Amcore Trust Company Ttee
—
Deed Of Trust
related
$9,433 · First National Bank Chicago
—
—
Ogden Eola LLC
—
Loan Modification
related
$508,517 · First Nat'l Bk/dwight
—
—
Amcore Investment Group NA Tte
—
Deed Of Trust
related
$410,000 · Amcore Bank NA Northwest
—
—
Ogden Eola LLC
—
Deed Of Trust
related
$575,004 · First National Bank Dwight
—
—
Amcore Investment Group Ttee
—
Deed Of Trust
related
$510,000 · Amcore Bank NA Northwest
—
—
Ogden Eola LLC
—
Loan Modification
related
$381,520 · First Nat'l Bk/dwight
—
—
Trust 3559
—
Deed Of Trust
related
$1,600,000 · First Midwest 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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