New search
Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Office Spaces
440 Ogden Ave, Hinsdale, IL 60521-3631
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2699963
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Total area
15,864 SF
Lot
0.33 ac (14,375 SF)
Zoning code
C
APN
09-01-213-002
UPID
US28-2699963
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$910k
Owner & transaction history
Michael Cooper · 4 yrs held
Michael Cooper
since 2021
Last sale
$815,000
7 recorded transactions
Zoning & alternative use
C · Hinsdale, 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 Hinsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hinsdale 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
$965,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $815k (Jul 12 2021)
Last sale anchor
$815k
Jul 12 2021
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
$57 / 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
$26,150
Tax year 2023
Assessed value
$486,900
Assessed 2023
Previous assessed
$531,490
-8.4% YoY
Effective rate
5.37%
On assessed value
Assessed land
$147,680
Assessed improvement
$339,220
Land market value
$443,040
Improvement market value
$1,017,660
Total market value
$1,460,700
Applied tax rate
9,059.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1977
Heating
NONE
Stories
2
Total area
15,864 SF
Lot
0.33 ac (14,375 SF)
Zoning code
C
APN
09-01-213-002
UPID
US28-2699963
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Hinsdale, IL
Zoning C · permitted uses
C · Hinsdale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hinsdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Michael Cooper
Individual
Mailing address
420 E OGDEN AVE, HINSDALE, IL 60521-3611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jul 12, 2021
$815,000
Michael Cooper
Ap Preferred Properties LLC
Special Warranty Deed
$500,000 · Wells Fargo Bank NA
Nov 13, 2014
—
440 Ogden LLC
—
Loan Modification
related
$19,655,554 · Jp Morgan Chase Bk
Oct 27, 2011
—
440 Ogden LLC
—
Deed Of Trust
related
$3,816,666 · J P Morgan Chase Bank
Nov 8, 2010
—
440 Ogden LLC
—
Deed Of Trust
related
$3,000,000 · J P Morgan Chase Bank
Dec 31, 2008
$3,050,000
440 Ogden LLC
Federal Deposit Insurance Corporati
Special Warranty Deed
$1,000,000 · Jpmorgan Chase Bank NA
Dec 12, 2000
—
Hinsdale Bb LLC
Bagusat,bernd
Grant Deed
related
—
Dec 8, 1999
$209,500
Bernd Bagusat
Utf Hinsdale LLC
Grant Deed
—
Sep 24, 1999
$35,000
Utf Hinsdale LLC
Wild Oats Markets INC
Grant Deed
$7,875,000 · Ge Capital Business Asset Fund
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 440 Ogden Ave?
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.
