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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Retail space
510 Rte 59 Naperville, IL 60540-0915
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1622223
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
19,903 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C
APN
07-22-101-005
UPID
US28-1622223
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
-
Burlington Home Goods Store Luggage Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.39M
Owner & transaction history
Naper West LLC · 1 yrs held
Naper West LLC
since 2024
6 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,055,000
6.5%
$2,820,000
7%
$2,620,000
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±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
$120 / 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
$49,765
Tax year 2023
Assessed value
$744,290
Assessed 2023
Previous assessed
$744,290
+0.0% YoY
Effective rate
6.69%
On assessed value
Assessed land
$127,500
Assessed improvement
$616,790
Land market value
$382,500
Improvement market value
$1,850,370
Total market value
$2,232,870
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
1989
Heating
NONE
Bathrooms
5
Total area
19,903 SF
Lot
1.23 ac (53,579 SF)
Zoning code
C
APN
07-22-101-005
UPID
US28-1622223
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)
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Bathrooms
5
Lot
1.23 ac
Current owner
From public records · entity-resolved
Naper West LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1350 E TOUHY AVE STE 360E, DES PLAINES, IL 60018-3303
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
Sep 24, 2024
—
Naper West LLC
Marc Naperw LLC
Quit Claim Deed
related
—
Aug 5, 2024
—
Naper West LLC
Marc Naperw LLC
Quit Claim Deed
related
—
Mar 23, 2020
—
Naper North LLC
—
Deed
related
$3,080,000 · Bmo Harris Bank NA
Nov 7, 2016
$5,950,000
Naper North LLC
Naper West Plaza LLC
Special Warranty Deed
$4,515,000 · Bmo Harris Bank NA
May 13, 2014
—
Marc Naperw LLC
Marc National Plaza III LLC
Quit Claim Deed
related
$16,100,000 · Wells Fargo Bank NA
Nov 5, 2013
$21,150,000
Marc National Plaza III LLC
Inland Real Estate Naperwest L
Grant Deed
related
$16,000,000 · Regions Bank
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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