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Property profile & analytics
OFF-MARKET
Estimated value
$8,125,000
Hotels
275 Knollwood Dr 95, Bloomingdale, IL 60108-2209
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2847820
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2000
Total area
121,232 SF
Lot
4.91 ac (213,880 SF)
Zoning code
C
APN
02-20-206-029
UPID
US28-2847820
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.13M
Owner & transaction history
Fargo Hotels Pool B Realty LP · 13 yrs held
Fargo Hotels Pool B Realty LP
since 2013
7 recorded transactions
Zoning & alternative use
C · Bloomingdale, 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 Bloomingdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomingdale 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
HOTEL/MOTEL
$12,425,000
Current use
Blend value · Realmo final
$8.13M
Range $7.31M – $8.94M · ±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
$67 / 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
$267,619
Tax year 2023
Assessed value
$3,038,880
Assessed 2023
Previous assessed
$2,879,200
+5.5% YoY
Effective rate
8.81%
On assessed value
Assessed land
$463,410
Assessed improvement
$2,575,470
Land market value
$1,390,230
Improvement market value
$7,726,410
Total market value
$9,116,640
Applied tax rate
2,030.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2000
Heating
NONE
Total area
121,232 SF
Lot
4.91 ac (213,880 SF)
Zoning code
C
APN
02-20-206-029
UPID
US28-2847820
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Bloomingdale, IL
Zoning C · permitted uses
C · Bloomingdale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bloomingdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.4M
HOTEL/MOTEL Current
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
2000
Heating
NONE
Lot
4.91 ac
Current owner
From public records · entity-resolved
Fargo Hotels Pool B Realty LP
Entity
Mailing address
545 E JOHN CARPENTER FWY STE #1400, IRVING, TX 75062-3933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
—
W2005 Fargo Hotels Pool B Realty LP
—
Deed
related
$794,000,000 · Morgan Stanley Mortgage Capital Holdings
Sep 17, 2020
—
W2005/fargo Hotels Pool B Re
—
Deed
related
$960,000,000 · Wells Fargo Bk 2018-thpt (ce)
Jan 24, 2020
—
Stratford Realty LLC
—
Deed
related
$5,000,000 · Miscellaneous Ins Co
Nov 28, 2017
—
W2005 Fargo Hotels Pool B Realty L
—
Deed
related
—
Jun 6, 2013
$3,453,500
Fargo Hotels Pool B Realty LP
Heritage Asset Management III INC
Special Warranty Deed
$775,000 · German American Capital Corp
May 15, 2006
—
Heritage Asset Mgmt III
Owner Name Unavailable
Grant Deed
related
—
Mar 3, 2005
—
Heritage Asset Management III INC
Tharaldson Asset Management INC
Quit Claim Deed
related
—
—
—
Fargo Hotels Pool B Real W2005
—
Deed Of Trust
related
—
—
—
Stratford Realty LLC
—
Deed Of Trust
related
$5,000,000 · Miscellaneous Ins Co
—
—
Cy & Ri Heritage Inn Of Bloomingd
—
Deed Of Trust
related
$35,116,000 · Countrywide Com'l R E Fin
—
—
W2005/fargo Hotels Pool B Re
—
Loan Modification
related
$960,000,000 · Wells Fargo Bk 2018-thpt (ce)
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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