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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Turn key restaurants
2856 Patriot Naperville, IL 60563-9346
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3714727
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Total area
7,193 SF
Lot
1.47 ac (64,033 SF)
APN
07-15-100-057
UPID
US28-3714727
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
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.90M
Owner & transaction history
H&z 888 Realty LLC · 1 yrs held
H&z 888 Realty LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+32.9%
Auto repair, garage
$2.5M
+13.8%
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 Naperville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naperville 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,235,000
Current use
RETAIL STORES
$2,975,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,545,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Aug 1 2024)
Last sale anchor
$1.90M
Aug 1 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
$264 / 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
$29,431
Tax year 2023
Assessed value
$440,170
Assessed 2023
Previous assessed
$475,880
-7.5% YoY
Effective rate
6.69%
On assessed value
Assessed land
$152,390
Assessed improvement
$287,780
Land market value
$457,170
Improvement market value
$863,340
Total market value
$1,320,510
Applied tax rate
7,030.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Heating
NONE
Total area
7,193 SF
Lot
1.47 ac (64,033 SF)
APN
07-15-100-057
UPID
US28-3714727
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.2M
RETAIL STORES
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Lot
1.47 ac
Current owner
From public records · entity-resolved
H&z 888 Realty LLC
Entity
Mailing address
1860 MARNE RD, BOLINGBROOK, IL 60490-4590
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$1,900,000
H&z 888 Realty LLC
2856 Patriots Lane LLC
Special Warranty Deed
$2,850,000 · American Metro Bank
Jun 22, 2022
—
2856 Patritos Lane LLC
Nld Naperville LLC
Assignment Of Lease (leasehold Sale)
—
Jun 22, 2022
$3,362,000
2856 Patriots Lane LLC
Nld Naperville LLC
Special Warranty Deed
—
Dec 13, 2018
$3,360,000
Nld Naperville LLC
Napervile Estia LLC
Special Warranty Deed
related
$2,587,500 · The American National Bank Of Texas
Mar 17, 2017
—
Naperville Estia LLC
—
Deed
related
$2,681,392 · Mb Fin'l Bk
Mar 17, 2015
$3,864,500
Naperville Estia LLC
Solid Ground LLC
Limited Warranty Deed
$2,800,000 · Mb Financial Bank NA
Dec 29, 2005
—
Naperville Associates II LLC
Naperville Associates LLC
Quit Claim Deed
related
$5,930,000 · Miscellaneous Ins Co
—
—
Naperville Estia LLC
—
Loan Modification
related
$2,681,392 · Mb Fin'l Bk
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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