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Property profile & analytics
OFF-MARKET
Estimated value
$395,000
Banks
53 New York St Aurora, IL 60505
Individually Owned
9-yr Hold
Free & Clear
Property ID
US28-3473186
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2020
Total area
5,123 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C
APN
07-19-416-003
UPID
US28-3473186
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$395k
Owner & transaction history
Northstar Cu · 9 yrs held
Northstar Cu
since 2017
3 recorded transactions
Zoning & alternative use
C · Aurora, 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 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$395k
Range $356k – $435k · ±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
$77 / 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
$41,047
Tax year 2023
Assessed value
$505,080
Assessed 2023
Previous assessed
$495,700
+1.9% YoY
Effective rate
8.13%
On assessed value
Assessed land
$236,940
Assessed improvement
$268,140
Land market value
$710,820
Improvement market value
$804,420
Total market value
$1,515,240
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2020
Heating
NONE
Total area
5,123 SF
Lot
1.99 ac (86,684 SF)
Zoning code
C
APN
07-19-416-003
UPID
US28-3473186
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Aurora, ILZoning C · permitted uses
C · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Aurora, IL
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Lot
1.99 ac
Current owner
From public records · entity-resolved
Northstar Cu
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 2729, JOLIET, IL 60434-2729
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2017
—
Northstar Cu
Northstar Cu
Quit Claim Deed
—
Dec 4, 2009
$1,120,000
Oak Trust Cu
New York-asbury LLC
Warranty Deed
related
—
Sep 24, 2003
$762,500
New York Asbury LLC
Edward Health Ventures
Grant Deed
$624,000 · 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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