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Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
Commercial real estate
310 Banbury Rd, North Aurora, IL 60542-1260
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-1408747
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
26,067 SF
Lot
2.71 ac (118,048 SF)
APN
12-34-329-052
UPID
US28-1408747
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
-
Adapt Social Service Agency Charitable Organization
-
Rehab Care Group Medical Clinic
-
North Aurora Care Center Nursing Home
-
Tara Moen Physician
-
Dr. John Scheffler Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.98M
Comparable Approach
Comparable
$4.65M
Blend (final)
Blend
$3.99M
Owner & transaction history
Ctr Partnership LP · 1 yrs held
Ctr Partnership LP
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.0M
+11.3%
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 North Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Aurora 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%
$5,395,000
6.5%
$4,980,000
7%
$4,625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,505,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,015,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$3.99M
Range $3.59M – $4.39M · ±10% · vs last sale $4.00M (Sep 13 2024)
Last sale anchor
$4.00M
Sep 13 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
$153 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$82,847
Tax year 2022
Assessed value
$1,002,529
Assessed 2022
Previous assessed
$950,805
+5.4% YoY
Effective rate
8.26%
On assessed value
Assessed land
$325,791
Assessed improvement
$676,738
Land market value
$977,373
Improvement market value
$2,030,214
Total market value
$3,007,587
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
1971
Heating
NONE
Total area
26,067 SF
Lot
2.71 ac (118,048 SF)
APN
12-34-329-052
UPID
US28-1408747
Jurisdiction
KANE
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
COMMERCIAL (GENERAL) Current
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1971
Heating
NONE
Lot
2.71 ac
Current owner
From public records · entity-resolved
Ctr Partnership LP
Entity
Free & Clear · 1 yrs held
Mailing address
830 W TRAILCREEK DR, PEORIA, IL 61614-1862
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$4,000,500
Ctr Partnership LP
North Aurora LLC
Special Warranty Deed
—
Mar 31, 2020
—
North Aurora LLC
—
Deed
related
$88,757,500 · Sector Fin'l INC
Sep 22, 2014
—
North Aurora LLC
Petersen Health Care III LLC
Corporation Deed
$3,142,700 · Capital Funding LLC
Jan 24, 2007
—
Petersen Health Care III LLC
—
Deed Of Trust
related
$10,000,000 · Lasalle National Bank
Oct 13, 2005
$1,360,000
Petersen Health Care III LLC
Senoir Living Properties LLC
Quit Claim Deed
related
$4,000,000 · Ziegler Healthcare Fund I LP
Feb 11, 1998
$1,248,500
Senior Living Properties LLC
Springwood Assoc LP
Grant Deed
$226,000,000 · Gmac Commercial Mortgage Corp
—
—
North Aurora LLC
—
Deed Of Trust
related
$88,757,500 · Sector Fin'l INC
—
—
North Aurora LLC
—
Deed Of Trust
related
$27,000,000 · Gmf Petersen Note LLC
—
—
Petersen Health Care III LLC
—
Deed Of Trust
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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