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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office Spaces
28365 Davis Pkwy Ste 206, Warrenville, IL 60555-3034
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0221483
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2005
Total area
2,910 SF
Lot
9.09 ac (395,960 SF)
Zoning code
C
APN
07-02-407-007
UPID
US28-0221483
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
$575k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$575k
Owner & transaction history
28365 Davis Parkway 206 LLC · 2 yrs held
28365 Davis Parkway 206 LLC
since 2024
Last sale
$575,000
5 recorded transactions
Zoning & alternative use
C · Warrenville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$655,000
+25.7%
Retail stores
$625,000
+20.2%
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 Warrenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrenville 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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$520,000
Current use
MEDICAL BUILDING
$655,000
Change: +26% · Conversion: Easy
RETAIL STORES
$625,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jan 9 2024)
Last sale anchor
$575k
Jan 9 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
$198 / 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
$10,331
Tax year 2023
Assessed value
$133,560
Assessed 2023
Previous assessed
$179,780
-25.7% YoY
Effective rate
7.74%
On assessed value
Assessed land
$29,260
Assessed improvement
$104,300
Land market value
$87,780
Improvement market value
$312,900
Total market value
$400,680
Applied tax rate
7,138.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2005
Heating
NONE
Total area
2,910 SF
Lot
9.09 ac (395,960 SF)
Zoning code
C
APN
07-02-407-007
UPID
US28-0221483
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Warrenville, IL
Zoning C · permitted uses
C · Warrenville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warrenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$520,000
MEDICAL BUILDING
Est. value
$655,000
RETAIL STORES
Est. value
$625,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
2005
Heating
NONE
Lot
9.09 ac
Current owner
From public records · entity-resolved
28365 Davis Parkway 206 LLC
Entity
Mailing address
27910 MT RAINIER WAY, YORBA LINDA, CA 92887-4248
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
$575,000
28365 Davis Parkway 206 LLC
Taaps 1 LLC
Limited Warranty Deed
$375,000 · Firstsecure Bank & Trust Co
Jul 22, 2005
$881,500
Taaps I LLC
Cantera I 1 LLC
Warranty Deed
$693,612 · Harris NA
—
—
Taaps I LLC
—
Deed Of Trust
related
$635,000 · First American Bank
—
—
Taaps I LLC
—
Deed Of Trust
related
$75,000 · First American Bank
—
—
Taaps I LLC
—
Deed Of Trust
related
$210,000 · First American 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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