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    Property profile & analytics

    28258 Diehl Rd Warrenville, IL 60555-3842

    • Retail space
    • 11,298 SF
    • 1.77 lot acres
    OFF-MARKET
    Last Sale
    Jun 20, 2024
    $3,050,000
    Value Estimations
    $3,050,000
    Show details
    Cap Rate Potential
    5.1%
    Retail space
    Location Intelligence
    Property ID
    US28-1581977
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Corner Bakery / Take-out & Catering
    • Sweet Vibes / Restaurant / Take-out & Catering

    Property Details for 28258 Diehl Rd

    Year built
    2005
    Lot size
    1.77 lot acres
    Property size
    11,298 SF
    Zone code
    C
    Property type
    Retail space
    APN
    07-02-400-026
    APU
    702400026

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,050,000
      ML approach
      $3,050,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,615,000
      6.5%
      $2,415,000
      7%
      $2,240,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,417,000
      Market price range: $1.27M - $4.26M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,435,000
      Current use
      AUTO REPAIR, GARAGE
      $3,995,000
      Change: +64% Conversion: Difficult
      RESTAURANT
      $3,515,000
      Change: +44% Conversion: Easy
      MEDICAL BUILDING
      $2,545,000
      Change: +5% Conversion: Difficult
      OFFICE BUILDING
      $2,025,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warrenville
    County
    Dupage
    State
    Illinois
    Longitude
    -88.1729
    Latitude
    41.8033
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $53,479
    $209,690
    $481,670
    $691,360
    -
    $629,070
    $1,445,010
    $2,074,080

    Comparable in this City

    • Value Estimation
      $15,680,000
      173,563 SF

      Diehl Rd

      RETAIL STORES (PERSONAL SERVICES) • 173,563 SF
      Diehl Rd, Warrenville, IL 60555
      View Details
    • Value Estimation by Request

      28341 Diehl Rd

      Individual retail properties
      28341 Diehl Rd, Warrenville, IL 60555
      View Details
    • Value Estimation
      $1,090,000
      19,202 SF

      2834161 Diehl Rd

      RETAIL STORES (PERSONAL SERVICES) • 19,202 SF
      2834161 Diehl Rd, Warrenville, IL 60555-3850
      View Details
    • Value Estimation
      $3,690,000
      4,826 SF

      28301 Diehl Rd

      FINANCIAL BUILDING • 4,826 SF
      28301 Diehl Rd, Warrenville, IL 60555-4051
      View Details
    • Value Estimation by Request
      3,444 SF

      29th Batavia Rd

      FINANCIAL BUILDING • 3,444 SF
      29th Batavia Rd, Warrenville, IL 60555-2247
      View Details
    • Value Estimation
      $780,000
      103,710 SF

      28141 Diehl Rd

      GYM, HEALTH SPA • 103,710 SF
      28141 Diehl Rd, Warrenville, IL 60555-3840
      View Details

    Similar Nearby for Sale

    • $2,690,000
      10,354 SF

      Retail Building in Cantera Trade

      10,354 SF building on 1.6 acre pad.
      Diehl Rd, Warrenville, IL 60555
      View Details
    • Contact for pricing
      22,790 SF

      Showroom/Warehouse Space with I-88 Access

      22,790 SF showroom/warehouse with immediate I-88 access.
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    • New
      $239,900
      0.69 Acres

      Warrenville Build-Ready Lot Opportunity

      Spacious lot ready for custom home construction in Warrenville, IL.
      3S721 Warren Ave, Warrenville, IL 60555
      View Details
    • Contact for pricing
      23,278 SF

      Warrenville Office Center Suites

      Office suites with private entrances, restrooms, and independent utilities.
      3S721 West Ave, Warrenville, IL 60555
      View Details
    • Contact for pricing
      4 SF

      4.5 Acres at Cantera Drive

      4.5 acres of commercial land with utilities on site.
      4100 Cantera Dr, Warrenville, IL 60555
      View Details
    • Contact for pricing

      Land with I-88 Access

      Commercial land with frontage and visibility near transportation routes.
      River Rd, Warrenville, IL 60555
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,735 SF

      Warrenville Retail Space Available

      Prime Retail Space, High Traffic Area
      28341 Diehl Rd, Warrenville, IL 60555
      View Details
    • $2,400 /Mo

      Retail Space in Growing Community

      Prime retail space in the heart of Warrenville, Illinois.
      28w583 Stafford Pl, Warrenville, IL 60555
      View Details
    • Contact for pricing

      Renovated Commercial Building in Warrenville

      Prime renovated commercial building in the heart of downtown Warrenville.
      28w520 Batavia Rd, Warrenville, IL 60555
      View Details
    • $22 SF/Yr
      5,958 SF

      Warrenville Retail/Office Space Available

      Prime location with high visibility, ample parking, and convenient access.
      28250 Diehl Rd, Warrenville, IL 60555
      View Details
    • Contact for pricing
      4,053 SF

      Restaurant with Drive-Thru Available

      4,053 SF restaurant with drive-thru, adjacent to Target.
      28251 Diehl Rd, Warrenville, IL 60555
      View Details
    • Contact for pricing
      60,000 SF

      Spacious Office and Storage Space

      60,000 sq ft office with storage near I-88.
      4520 Weaver Pkwy, Warrenville, IL 60555
      View Details
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    Warrenville, IL 60555-3842
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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