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Property profile & analytics
OFF-MARKET
Estimated value
$4,605,000
Commercial real estate
2nd State Rte 59, Warrenville, IL 60555-1459
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2696581
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
BRICK
Total area
33,394 SF
Lot
3.58 ac (155,945 SF)
Zoning code
C
APN
04-27-304-123
UPID
US28-2696581
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
$5.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.66M
Blend (final)
Blend
$4.61M
Owner & transaction history
2 S610 Route 59 LLC · 4 yrs held
2 S610 Route 59 LLC
since 2022
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
C · Warrenville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.5M
+76.0%
Retail stores
$7.2M
+68.4%
Office building
$6.0M
+40.1%
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
$5,090,000
ML approach
$5,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,275,000
Current use
MEDICAL BUILDING
$7,520,000
Change: +76% · Conversion: Easy
RETAIL STORES
$7,195,000
Change: +68% · Conversion: Easy
OFFICE BUILDING
$5,985,000
Change: +40% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,890,000
Change: -9% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,480,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.61M
Range $4.14M – $5.07M · ±10% · vs last sale $4.10M (May 9 2022)
Last sale anchor
$4.10M
May 9 2022
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
$138 / 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
$84,016
Tax year 2023
Assessed value
$1,099,980
Assessed 2023
Previous assessed
$1,134,090
-3.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$312,160
Assessed improvement
$787,820
Land market value
$936,480
Improvement market value
$2,363,460
Total market value
$3,299,940
Applied tax rate
4,056.0000
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
1990
Construction
BRICK
Heating
NONE
Total area
33,394 SF
Lot
3.58 ac (155,945 SF)
Zoning code
C
APN
04-27-304-123
UPID
US28-2696581
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
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$7.5M
RETAIL STORES
Est. value
$7.2M
OFFICE BUILDING
Est. value
$6.0M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1990
Construction
BRICK
Heating
NONE
Lot
3.58 ac
Current owner
From public records · entity-resolved
2 S610 Route 59 LLC
Entity
Mailing address
33 W 63RD ST, WESTMONT, IL 60559-2621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 9, 2022
$4,100,000
2 S610 Route 59 LLC
Karas Kirie Sutton LLC
Special Warranty Deed
$3,075,000 · The American Commercial Bank & Trust
May 4, 2022
—
Karas Kirie Sutton LLC
Karas Kirie Properties LLC
Quit Claim Deed
related
—
Jan 21, 2021
—
Karas Kirie Sutton LLC
Karas Evkokia G Trust
Quit Claim Deed
related
—
Jan 23, 2017
—
Karas Kirie Properties LLC
—
Deed
related
$3,293,675 · Wheaton Bk&tr
Dec 27, 2006
—
Karas Evdokia G Trust
Karas,evdokia G
Quit Claim Deed
related
—
Apr 22, 2003
$4,863,000
Karas Kirie Properties LLC
Emerick Capital Investment INC
Grant Deed
$1,700,000 · Harris Bank Libertyville
Aug 4, 2000
$3,353,000
Emerick Capital Investments
Lasalle Bank NA Trustee
Grant Deed
related
—
—
—
Karas Kirie Properties LLC
—
Loan Modification
related
$3,293,675 · Wheaton 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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