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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Commercial real estate
27th N Ave, West Chicago, IL 60185-1720
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1727593
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Total area
4,500 SF
Lot
1.77 ac (77,101 SF)
Zoning code
C
APN
01-36-204-025
UPID
US28-1727593
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
$1.08M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$1.08M
Owner & transaction history
Als Properties LLC · 1 yrs held
Als Properties LLC
since 2024
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
C · West Chicago, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+77.3%
Medical building
$1.0M
+12.9%
Retail stores
$970,000
+8.0%
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 West Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chicago 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
$1,075,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$900,000
Current use
AUTO REPAIR, GARAGE
$1,590,000
Change: +77% · Conversion: Difficult
MEDICAL BUILDING
$1,015,000
Change: +13% · Conversion: Easy
RETAIL STORES
$970,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$805,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.08M (Nov 15 2024)
Last sale anchor
$1.08M
Nov 15 2024
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
$239 / 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
$10,927
Tax year 2023
Assessed value
$134,780
Assessed 2023
Previous assessed
$93,940
+43.5% YoY
Effective rate
8.11%
On assessed value
Assessed land
$92,930
Assessed improvement
$41,850
Land market value
$278,790
Improvement market value
$125,550
Total market value
$404,340
Applied tax rate
1,033.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1977
Heating
NONE
Total area
4,500 SF
Lot
1.77 ac (77,101 SF)
Zoning code
C
APN
01-36-204-025
UPID
US28-1727593
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · West Chicago, IL
Zoning C · permitted uses
C · West Chicago, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chicago. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$970,000
OFFICE BUILDING
Est. value
$805,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1977
Heating
NONE
Lot
1.77 ac
Current owner
From public records · entity-resolved
Als Properties LLC
Entity
Mailing address
317 MUSTANG DR, OSWEGO, IL 60543-8033
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$1,075,000
Als Properties LLC
27w Partners LLC
Warranty Deed
$913,800 · Bank Of America NA
Aug 28, 2019
$598,000
27w Partners LLC
Ranallo,patrick
Grant Deed
—
Jan 26, 2010
—
Patrick Ranallo
Selles,ernesto
Quit Claim Deed
related
—
Dec 4, 2008
—
Ernesto Selles
—
Trustees Deed
related
$50,000 · Patrick Ranallo
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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