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Property profile & analytics
FOR SALE
Medical Office Space
3 Yorktown Shopping Ctr, Lombard, IL 60148
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3422549
For Sale
1 / 3
$1,440,000
3 Yorktown Shopping Ctr, Lombard, IL 60148
View Listing →
Property summary
AI-generated overview
This 1.48-acre parcel, located at 3 Yorktown Shopping Center in Lombard, Illinois (zip code 60148), is zoned B3 for Community Shopping District use. The property features approximately 315 feet of frontage along Highland Avenue and offers direct ingress/egress via a perimeter road providing convenient access to Yorktown Center. The site's strategic location is at a signalized entrance point to the mall, presenting significant visibility and accessibility. The APN is 06-29-101-037, -036, and the property is situated in DuPage County. This exceptional location offers high traffic counts and proximity to established residential subdivisions, making it an attractive opportunity for developers seeking a high-impact commercial development site. The land is currently available for sale. This property presents a unique opportunity to capitalize on the strong retail environment and high-density residential areas surrounding Yorktown Center.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
6,301 SF
Lot
0.84 ac (36,590 SF)
Zoning code
C
APN
06-29-101-019
UPID
US28-3422549
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
$1.64M
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.44M
Owner & transaction history
Sunrays Lighthouse LLC · 5 yrs held
Sunrays Lighthouse LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C · Lombard, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+57.1%
Restaurant
$2.0M
+38.1%
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 Lombard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lombard 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
$1,720,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,285,000
7%
$1,195,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,420,000
Current use
AUTO REPAIR, GARAGE
$2,230,000
Change: +57% · Conversion: Difficult
RESTAURANT
$1,960,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,290,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10% · vs last sale $1.45M (Mar 8 2021)
Last sale anchor
$1.45M
Mar 8 2021
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
$229 / 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
$40,841
Tax year 2023
Assessed value
$507,880
Assessed 2023
Previous assessed
$483,330
+5.1% YoY
Effective rate
8.04%
On assessed value
Assessed land
$127,650
Assessed improvement
$380,230
Land market value
$382,950
Improvement market value
$1,140,690
Total market value
$1,523,640
Applied tax rate
6,011.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2008
Heating
NONE
Total area
6,301 SF
Lot
0.84 ac (36,590 SF)
Zoning code
C
APN
06-29-101-019
UPID
US28-3422549
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Lombard, IL
Zoning C · permitted uses
C · Lombard, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lombard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
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
2008
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
Sunrays Lighthouse LLC
Entity
Mailing address
1809 MIDWEST CLB PKWY, OAK BROOK, IL 60523-2524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$1,450,000
Sunrays Lighthouse LLC
Hrc 3 Ytc LLC
Special Warranty Deed
—
Apr 28, 2014
$4,000,000
Hrc 3 Ytc LLC
Land Owner LLC
Grant Deed
—
Mar 13, 2014
—
Ytc Land Owner LLC
Ytc Mall Owner LLC
Quit Claim Deed
—
Apr 18, 2012
$44,725,000
Ytc Mall Owner LLC
Yorktown Holdings LLC
Grant Deed
$93,000 · Us Bank NA Series 2004-c1 (te)
Apr 30, 2004
—
Yorktown Holdings LLC
—
Deed Of Trust
related
$93,000,000 · Wachovia Bank NA
Apr 22, 2004
—
Yorktown Holding LLC
Yorktown Jv LLC
Quit Claim Deed
related
—
Jun 3, 1999
—
Yorktown LLC
Yorktown Joint Venture
Quit Claim Deed
related
—
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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