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Property profile & analytics
OFF-MARKET
Estimated value
$8,825,000
Retail space
400 Ft Hl Dr Naperville, IL 60540
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1641887
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
16,891 SF
Lot
5.07 ac (220,849 SF)
Zoning code
C
APN
07-22-208-020
UPID
US28-1641887
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
$10.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.74M
Blend (final)
Blend
$8.83M
Owner & transaction history
Jnk Of Naperville · 5 yrs held
Jnk Of Naperville
since 2020
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
C · Naperville, IL
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 Naperville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naperville 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
$10,505,000
ML approach
$10,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$6,980,000
Current use
AUTO REPAIR, GARAGE
$5,975,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$8.83M
Range $7.94M – $9.71M · ±10% · vs last sale $8.76M (Oct 28 2020)
Last sale anchor
$8.76M
Oct 28 2020
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
$522 / 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
$49,913
Tax year 2023
Assessed value
$746,510
Assessed 2023
Previous assessed
$689,220
+8.3% YoY
Effective rate
6.69%
On assessed value
Assessed land
$525,570
Assessed improvement
$220,940
Land market value
$1,576,710
Improvement market value
$662,820
Total market value
$2,239,530
Applied tax rate
7,030.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
NONE
Total area
16,891 SF
Lot
5.07 ac (220,849 SF)
Zoning code
C
APN
07-22-208-020
UPID
US28-1641887
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Naperville, ILZoning C · permitted uses
C · Naperville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 21)
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Lot
5.07 ac
Current owner
From public records · entity-resolved
Jnk Of Naperville
Individual
Mailing address
106 E 8TH ST, HINSDALE, IL 60521-4521
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 29, 2021
—
Jnk Of Naperville LLC
—
Deed
related
$7,884,000 · Ally Bk
Oct 28, 2020
$8,760,000
Jnk Of Naperville
Naperville Properties LLC
Special Warranty Deed
$7,884,000 · Ally Bank
Nov 21, 2018
—
Naperville Properties LLC
—
Deed
related
$1,409,722 · Jp Morgan Chase Bk
Jan 30, 2014
$2,200,000
Naperville Properties LLC
Centerpoint Properties Trust
Grant Deed
—
Aug 10, 2006
$1,805,500
Centerpoint Properties Trust
Centerpoint Realty Svcs Corp
Quit Claim Deed
related
—
—
—
Naperville Properties LLC
—
Loan Modification
related
$1,409,722 · Jp Morgan Chase Bk
—
—
Jnk Of Naperville LLC
—
Deed Of Trust
related
$7,884,000 · Ally 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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