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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
3 Park Blvd, Villa Park, IL 60181-2930
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US28-0094260
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
2,750 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C
APN
06-10-118-002
UPID
US28-0094260
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
Current use
Occupant on record · Public records
-
Donna Craft Cain PC Law Firm
-
Milburn Cain & Co Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$568k
Blend (final)
Blend
$570k
Owner & transaction history
Trd Properties LLC · 20 yrs held
Trd Properties LLC
since 2005
6 recorded transactions
Zoning & alternative use
C · Villa Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$620,000
+38.8%
Commercial (general)
$565,000
+26.1%
Retail stores
$515,000
+15.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$620,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
MEDICAL BUILDING
$620,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$565,000
Change: +26% · Conversion: Easy
RETAIL STORES
$515,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$207 / 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
$9,210
Tax year 2023
Assessed value
$117,620
Assessed 2023
Previous assessed
$111,940
+5.1% YoY
Effective rate
7.83%
On assessed value
Assessed land
$10,230
Assessed improvement
$107,390
Land market value
$30,690
Improvement market value
$322,170
Total market value
$352,860
Applied tax rate
6,026.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Heating
NONE
Total area
2,750 SF
Lot
0.07 ac (3,049 SF)
Zoning code
C
APN
06-10-118-002
UPID
US28-0094260
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Villa Park, IL
Zoning C · permitted uses
C · 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
OFFICE BUILDING Current
Est. value
$445,000
MEDICAL BUILDING
Est. value
$620,000
COMMERCIAL (GENERAL)
Est. value
$565,000
RETAIL STORES
Est. value
$515,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1955
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Trd Properties LLC
Entity
Mailing address
3 E PARK BLVD, VILLA PARK, IL 60181-2930
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2005
$276,000
Trd Properties LLC
Timothy R True
Warranty Deed
$234,600 · First National Bank Of Mchenry01
Mar 11, 1999
$125,000
Timothy R True
Midwest Trust Servives INC Tte
Quit Claim Deed
related
$93,750 · Nlsb Naperville Bank
Dec 3, 1997
$90,000
Midwest Trust Services INC Tte
Cullerton,william J & Elaine C
Grant Deed
—
—
—
American Nat'l Bk & Tr Co Ttee
—
Deed Of Trust
related
$80,000 · Oak Brook Bank
—
—
Timothy R True
—
Deed Of Trust
related
$40,000 · Villa Park Trust & Savings Bk
—
—
Timothy R True
—
Deed Of Trust
related
$9,365 · Villa Park Trust & Savings 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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