New search
Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Turn key restaurants
40 Tower Rd, Oak Brook, IL 60523-1155
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5487913
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Total area
6,420 SF
Lot
2.4 ac (104,544 SF)
Zoning code
C
APN
06-28-107-346
UPID
US28-5487913
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
-
Oakbrook Towers Homeowners' Association
-
Gallegos Alicia DDS Dental Office
-
Best Midwest Watches (Bike/Boat/Book/etc) Store
-
JBS Heating & Cooling HVAC Service General Contractor
-
Aversano Tax Resolution Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$476k
Blend (final)
Blend
$685k
Owner & transaction history
Tlc Consultants INC · 1 yrs held
Tlc Consultants INC
since 2024
Last sale
$682,500
6 recorded transactions
Zoning & alternative use
C · Oak Brook, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Oak Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Brook 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
$685,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $683k (Aug 15 2024)
Last sale anchor
$683k
Aug 15 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
$107 / 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
$25,161
Tax year 2023
Assessed value
$331,700
Assessed 2023
Previous assessed
$446,530
-25.7% YoY
Effective rate
7.59%
On assessed value
Assessed land
$56,190
Assessed improvement
$275,510
Land market value
$168,570
Improvement market value
$826,530
Total market value
$995,100
Applied tax rate
6,060.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1976
Heating
NONE
Total area
6,420 SF
Lot
2.4 ac (104,544 SF)
Zoning code
C
APN
06-28-107-346
UPID
US28-5487913
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Oak Brook, IL
Zoning C · permitted uses
C · Oak Brook, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Brook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Lot
2.4 ac
Current owner
From public records · entity-resolved
Tlc Consultants INC
Entity
Mailing address
3525 W PETERSON AVE STE #705, CHICAGO, IL 60659-3324
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$682,500
Tlc Consultants INC
Matrix Oak Brook LP
Special Warranty Deed
—
Dec 2, 2014
$760,000
Matrix Oak Brook LP
Trust 11112824
Grant Deed
—
Jul 18, 2006
—
Trust 11112824
—
Trustees Deed
related
$200,000 · Broadway Bank
Feb 4, 2004
$665,000
Chicago Title Land Trt Co Ttee
Lasalle Bank NA Trustee
Grant Deed
$600,000 · Broadway Bank
—
—
Trust 11112824
—
Deed Of Trust
related
$197,350 · Mb Financial Bank NA
—
—
Trust 11112824
—
Deed Of Trust
related
$583,624 · Mb Financial Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 Tower Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
