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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Banks
5330 Main St, Downers Grove, IL 60515-4813
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2680846
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1989
Total area
7,024 SF
Lot
0.82 ac (35,719 SF)
Zoning code
A
APN
09-08-313-053
UPID
US28-2680846
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
-
ATM (West Suburban Bank) Atm
-
Plymouth Title Guaranty Corporation Title Company Escrow Service
-
Old Second National Bank (O2 Express Lanes Only) Bank Loan Service
-
Camden Law Office LLC Law Firm
-
White & White Law Firm Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$2.09M
Owner & transaction history
Aran Holdings LLC · 3 yrs held
Aran Holdings LLC
since 2023
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
A · Downers Grove, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+9.1%
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
$1,955,000
ML approach
$1,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$2,280,000
Current use
AUTO REPAIR, GARAGE
$2,485,000
Change: +9% · Conversion: Difficult
RESTAURANT
$2,185,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10% · vs last sale $2.20M (Mar 31 2023)
Last sale anchor
$2.20M
Mar 31 2023
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
$298 / 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
$31,808
Tax year 2023
Assessed value
$472,520
Assessed 2023
Previous assessed
$437,520
+8.0% YoY
Effective rate
6.73%
On assessed value
Assessed land
$451,960
Assessed improvement
$20,560
Land market value
$1,355,880
Improvement market value
$61,680
Total market value
$1,417,560
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Stories
2
Total area
7,024 SF
Lot
0.82 ac (35,719 SF)
Zoning code
A
APN
09-08-313-053
UPID
US28-2680846
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.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
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
1989
Heating
NONE
Stories
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Aran Holdings LLC
Entity
Mailing address
1333 N ABBOTT RD, ROMEOVILLE, IL 60446-1224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 31, 2023
$2,200,000
Aran Holdings LLC
Aia Enterprises LLC Series 4
Special Warranty Deed
—
Oct 5, 2022
—
Aia Enterprises LLC
—
Deed
related
$1,147,500 · Old Plank Trail Community Bank NA
Oct 13, 2000
$1,510,000
West Suburban Bank
Bank One NA
Grant Deed
related
—
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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