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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Office Spaces
55 Ogden Ave Clarendon Hills, IL 60514-1026
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US28-1254366
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Total area
4,124 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C
APN
09-02-309-004
UPID
US28-1254366
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
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$300k
Owner & transaction history
140 Burlington LLC · 15 yrs held
140 Burlington LLC
since 2011
6 recorded transactions
Zoning & alternative use
C · Clarendon Hills, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+63.9%
Medical building
$930,000
+4.4%
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 Clarendon Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarendon Hills 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%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Current use
AUTO REPAIR, GARAGE
$1,460,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: +4% · Conversion: Easy
RETAIL STORES
$890,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$740,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$73 / 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
$15,859
Tax year 2023
Assessed value
$265,800
Assessed 2023
Previous assessed
$246,110
+8.0% YoY
Effective rate
5.97%
On assessed value
Assessed land
$78,780
Assessed improvement
$187,020
Land market value
$236,340
Improvement market value
$561,060
Total market value
$797,400
Applied tax rate
9,060.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
2
Total area
4,124 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C
APN
09-02-309-004
UPID
US28-1254366
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Clarendon Hills, ILZoning C · permitted uses
C · Clarendon Hills, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$930,000
RETAIL STORES
Est. value
$890,000
OFFICE BUILDING
Est. value
$740,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2001
Heating
NONE
Stories
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
140 Burlington LLC
Entity
Mailing address
55 OGDEN AVE, CLARENDON HILLS, IL 60514-1026
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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 25, 2011
$675,000
140 Burlington LLC
Pb Sw Commercial LLC
Special Warranty Deed
$371,000 · Hinsdale Bank & Trust Co
Nov 24, 2010
—
Pb-sw Commercial LLC
Passero Builders INC
Grant Deed
—
Aug 9, 2000
$350,000
Passero Construction Corp
Wesolowski,harry J & Lydia
Grant Deed
$750,000 · Founders Bank
—
—
Harry J Wesolowski
—
Deed Of Trust
related
$120,000 · Lasalle Bank Fsb
—
—
140 Burlington LLC
—
Deed Of Trust
related
$309,000 · Small Business Growth Corp
—
—
Passero Construction Corp
—
Deed Of Trust
related
$780,000 · Founders 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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