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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Investment properties
532 Cres Blvd 34 Glen Ellyn, IL 60137-4154
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-5448045
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,892 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C
APN
05-11-317-008
UPID
US28-5448045
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
$900k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$805k
Owner & transaction history
B A C Properties LLC · 6 yrs held
B A C Properties LLC
since 2020
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
C · Glen Ellyn, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$875,000
+30.5%
Retail stores
$840,000
+24.9%
Office building
$705,000
+4.9%
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 Glen Ellyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Ellyn 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
$870,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$670,000
Current use
MEDICAL BUILDING
$875,000
Change: +31% · Conversion: Easy
RETAIL STORES
$840,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$705,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $725k (May 26 2020)
Last sale anchor
$725k
May 26 2020
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
$207 / 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
$12,748
Tax year 2023
Assessed value
$168,400
Assessed 2023
Previous assessed
$159,150
+5.8% YoY
Effective rate
7.57%
On assessed value
Assessed land
$25,990
Assessed improvement
$142,410
Land market value
$77,970
Improvement market value
$427,230
Total market value
$505,200
Applied tax rate
5,333.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
3,892 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C
APN
05-11-317-008
UPID
US28-5448045
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glen Ellyn, IL
Zoning C · permitted uses
C · Glen Ellyn, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Ellyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$670,000
MEDICAL BUILDING
Est. value
$875,000
RETAIL STORES
Est. value
$840,000
OFFICE BUILDING
Est. value
$705,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
1914
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
B A C Properties LLC
Entity
Mailing address
532 CRES BLVD #34, GLEN ELLYN, IL 60137-4154
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
May 28, 2020
—
Bac Properties LLC
—
Deed
related
$301,000 · Small Busn Growth
May 26, 2020
$725,000
B A C Properties LLC
Thomas J Smith
Warranty Deed
$362,500 · Wheaton Bank & Trust Company
Jan 9, 2017
—
Thomas J Smith
—
Deed
related
$801,706 · Wheaton Bk&tr
Sep 10, 2008
$675,000
Thomas Smith
Charles E Marold
Warranty Deed
$540,000 · National City Bank
Jun 28, 2004
—
Marold Charles E
Marold,charles E
Quit Claim Deed
related
$425,000 · West Suburban Bank
—
—
Smith,thomas & Margaret
—
Deed Of Trust
related
$480,000 · Community Bk/wheaton Glen Elly
—
—
Bac Properties LLC
—
Deed Of Trust
related
$301,000 · Small Busn Growth
—
—
Thomas J Smith
—
Loan Modification
related
$801,706 · Wheaton Bk&tr
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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