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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Commercial land
297 En Ave, Villa Park, IL 60181-1210
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US28-0221950
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1952
Construction
TYPE NOT SPECIFIED
Total area
3,116 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R
APN
06-03-101-006
UPID
US28-0221950
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
$1.26M
CAP Approach
CAP
$810k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Drive Time Auto Sales LLC · 2 yrs held
Drive Time Auto Sales LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
R · Villa Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+72.9%
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 Villa Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Park 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
$1,155,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,105,000
Change: +73% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.30M (Sep 25 2023)
Last sale anchor
$1.30M
Sep 25 2023
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
$403 / 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
$6,868
Tax year 2023
Assessed value
$87,710
Assessed 2023
Previous assessed
$92,490
-5.2% YoY
Effective rate
7.83%
On assessed value
Assessed land
$87,710
Land market value
$263,130
Total market value
$263,130
Applied tax rate
6,260.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1952
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
WALL UNIT
Stories
2
Total area
3,116 SF
Lot
0.72 ac (31,363 SF)
Zoning code
R
APN
06-03-101-006
UPID
US28-0221950
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
R · Villa Park, IL
Zoning R · permitted uses
R · Villa Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
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
1952
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Drive Time Auto Sales LLC
Entity
Mailing address
2502 E WESTWOOD CT, CARPENTERSVILLE, IL 60110-3361
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
—
Drive Time Auto Sales LLC
Naim Kattoum
Quit Claim Deed
related
—
Feb 22, 2023
$1,300,000
Naim Kattoum
Grit Sports LLC
Warranty Deed
$700,000 · Prairie Community Bank
Oct 25, 2021
—
Grit Sports LLC
—
Deed
related
$990,000 · Lakeside Bank
Nov 7, 2019
—
Grit Sports LLC
—
Deed
related
$885,000 · Itasca Bk&tr
Mar 23, 2017
$450,000
Grit Sports LLC
Ro1 LLC
Warranty Deed
$1,770,000 · Itasca Bk&tr
Aug 8, 2016
—
Roi LLC
Sheriff Of Dupage County|cordero,eunice J
Trustees Deed
related
—
Feb 8, 2002
$295,000
Eunice Cordero
Fiebrandt Trust
Grant Deed
—
—
—
Eunice Cordero
—
Deed Of Trust
related
$300,000 · Us Bk
—
—
Grit Sports LLC
—
Loan Modification
related
$885,000 · Itasca Bk&tr
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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