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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Retail space
405 Eola Rd, Aurora, IL 60502-9622
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2041952
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
23,383 SF
Lot
3.12 ac (135,907 SF)
Zoning code
C
APN
07-20-301-027
UPID
US28-2041952
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
-
Firehouse Subs Eola Commons Take-out & Catering Catering Service
-
Dr. Dinesh J. Patel, DDS Dental Office
-
Eola Dental Dental Office
-
Eola Cleaners (Bike/Boat/Book/etc) Store
-
Masterson Gary MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
A K Sukhumvit LLC Series 2 · 10 yrs held
A K Sukhumvit LLC Series 2
since 2015
4 recorded transactions
Zoning & alternative use
C · Aurora, 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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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%
$3,785,000
6.5%
$3,495,000
7%
$3,245,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,190,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±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
$115 / 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
$77,526
Tax year 2023
Assessed value
$953,940
Assessed 2023
Previous assessed
$1,209,710
-21.1% YoY
Effective rate
8.13%
On assessed value
Assessed land
$369,630
Assessed improvement
$584,310
Land market value
$1,108,890
Improvement market value
$1,752,930
Total market value
$2,861,820
Applied tax rate
7,045.0000
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
1998
Heating
CENTRAL
Cooling
CENTRAL
Total area
23,383 SF
Lot
3.12 ac (135,907 SF)
Zoning code
C
APN
07-20-301-027
UPID
US28-2041952
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Aurora, IL
Zoning C · permitted uses
C · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.2M
OFFICE BUILDING
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
1998
Heating
CENTRAL
Cooling
Yes
Lot
3.12 ac
Current owner
From public records · entity-resolved
A K Sukhumvit LLC Series 2
Entity
Mailing address
2115 WARWICK LN, GLENVIEW, IL 60026-5743
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2015
$5,200,000
A K Sukhumvit LLC Series 2
Eola LLC
Special Warranty Deed
$3,640,000 · Parkway Bank & Trust Co
Aug 5, 2013
$3,700,000
Eola LLC
Aurora Commercial Investments
Grant Deed
$2,080,788 · Lake Forest Bank & Trust Co
Oct 31, 2006
$6,000,000
R & P LP
David R Bergman
Deed
$4,500,000 · Harris NA
—
—
Bergman David R Trust
—
Deed Of Trust
related
$1,200,000 · Old Second Nat'l Bank Yorkvill
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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