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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Commercial real estate
5112 Frst Ave, Downers Grove, IL 60515-4608
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0868707
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1882
Total area
1,014 SF
Lot
0.09 ac (3,920 SF)
Zoning code
A
APN
09-08-301-008
UPID
US28-0868707
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
-
Balanced Approach Counseling Psychotherapist
-
Sandra Coffey Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Knee Walker Rental Downers Grove Car Rental Facility
-
Whitney Bruni Counselor
-
La Coutoure Hair Salon and Day Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Alok Gaur · 1 yrs held
Alok Gaur
since 2025
Last sale
$725,000
6 recorded transactions
Zoning & alternative use
A · Downers Grove, 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 Downers Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downers Grove 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
$875,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $725k (May 8 2025)
Last sale anchor
$725k
May 8 2025
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
$784 / 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
$6,038
Tax year 2023
Assessed value
$89,690
Assessed 2023
Previous assessed
$83,050
+8.0% YoY
Effective rate
6.73%
On assessed value
Assessed land
$52,510
Assessed improvement
$37,180
Land market value
$157,530
Improvement market value
$111,540
Total market value
$269,070
Applied tax rate
9,584.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1882
Heating
NONE
Stories
1
Total area
1,014 SF
Lot
0.09 ac (3,920 SF)
Zoning code
A
APN
09-08-301-008
UPID
US28-0868707
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
A · Downers Grove, IL
Zoning A · permitted uses
A · Downers Grove, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downers Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1882
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Alok Gaur
Individual
Mailing address
5112 FRST AVE, DOWNERS GROVE, IL 60515-4608
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
May 8, 2025
$725,000
Alok Gaur
5112 Forest Ave LLC
Special Warranty Deed
—
Apr 22, 2025
—
5112 Forest Ave LLC
Whitney Bruni
Quitclaim Deed
related
—
Oct 29, 2021
$405,000
5112 Forest Ave LLC
Pj & Jsc LLC
Warranty Deed
$324,000 · Busey Bank
Jun 3, 2019
$215,000
Pj & Jsc LLC Series 4
Hudson Rosa L Trust
Warranty Deed
—
Jul 15, 2016
—
Hudson,rosa L Trust
Hudson,rosa L
Quit Claim Deed
related
—
—
—
Rosa L Hudson
—
Deed Of Trust
related
$210,000 · Hinsdale Bank & Trust Co
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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