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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Office buildings
377 En Ave, Villa Park, IL 60181-1224
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1002439
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
2,858 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C
APN
06-03-101-013
UPID
US28-1002439
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
by Request
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$605k
Owner & transaction history
Maves Family 2015 Trust · 10 yrs held
Maves Family 2015 Trust
since 2015
7 recorded transactions
Zoning & alternative use
C · Villa Park, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+38.8%
Commercial (general)
$585,000
+26.1%
Retail stores
$535,000
+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%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$465,000
Current use
MEDICAL BUILDING
$645,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$585,000
Change: +26% · Conversion: Easy
RETAIL STORES
$535,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$212 / 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
$9,946
Tax year 2023
Assessed value
$127,020
Assessed 2023
Previous assessed
$190,310
-33.3% YoY
Effective rate
7.83%
On assessed value
Assessed land
$48,160
Assessed improvement
$78,860
Land market value
$144,480
Improvement market value
$236,580
Total market value
$381,060
Applied tax rate
6,259.0000
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
1985
Heating
NONE
Total area
2,858 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C
APN
06-03-101-013
UPID
US28-1002439
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
$465,000
MEDICAL BUILDING
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES
Est. value
$535,000
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
1985
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
Maves Family 2015 Trust
Trust
Mailing address
13515 EVENING PRIMROSE DR, DAVIDSON, NC 28036-8964
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Aug 3, 2015
—
Maves Family 2015 Trust
Maves,gary G & Tedra L
Quit Claim Deed
related
—
Dec 16, 2009
—
Gary G Maves
—
Trustees Deed
related
$975,000 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$92,000 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$279,196 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$24,500 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$500,000 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$157,241 · Itasca Bank & Trust Co
—
—
Gary G Maves
—
Deed Of Trust
related
$93,000 · Itasca Bank & Trust Co
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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