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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office buildings
589 York St 91 Elmhurst, IL 60126-4483
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1455399
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1942
Total area
3,455 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C
APN
06-12-312-001
UPID
US28-1455399
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
-
SAWYER FALDUTO ASSET MANAGEMENT, LLC Corporate Office Financial Advisor
-
hundred club of dupage Association / Organization
-
James Czarnecki Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$891k
Blend (final)
Blend
$760k
Owner & transaction history
589-91 S York LLC · 9 yrs held
589-91 S York LLC
since 2016
7 recorded transactions
Zoning & alternative use
C · Elmhurst, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+97.4%
Medical building
$780,000
+25.7%
Retail stores
$745,000
+20.2%
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 Elmhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elmhurst 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%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$620,000
Current use
AUTO REPAIR, GARAGE
$1,220,000
Change: +97% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +26% · Conversion: Easy
RETAIL STORES
$745,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$220 / 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
$14,877
Tax year 2023
Assessed value
$245,060
Assessed 2023
Previous assessed
$233,210
+5.1% YoY
Effective rate
6.07%
On assessed value
Assessed land
$88,970
Assessed improvement
$156,090
Land market value
$266,910
Improvement market value
$468,270
Total market value
$735,180
Applied tax rate
6,046.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1942
Heating
NONE
Total area
3,455 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C
APN
06-12-312-001
UPID
US28-1455399
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Elmhurst, IL
Zoning C · permitted uses
C · Elmhurst, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elmhurst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$745,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1942
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
589-91 S York LLC
Entity
Mailing address
862 S CHATHAM AVE, ELMHURST, IL 60126-4531
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2016
$800,000
589-91 S York LLC
Terra Group LLC
Warranty Deed
$600,000 · Community Bk/elmhurst
May 23, 2001
—
Terra Group LLC
Knighton Construction INC
Grant Deed
related
—
May 11, 1998
$400,000
Knighton Construction INC
Mazzie,daniel & Eva J
Grant Deed
$200,000 · Seller
—
—
Knighton Construction INC
—
Deed Of Trust
related
$500,000 · Community Bank Elmhurst
—
—
Terra Group LLC
—
Deed Of Trust
related
$592,500 · Weinberg Servicing LLC
—
—
Terra Group LLC
—
Deed Of Trust
related
$440,000 · American Midwest Bank
—
—
Terra Group LLC
—
Deed Of Trust
related
$104,000 · Knighton P S Living Trust (lt)
—
—
Terra Group LLC
—
Deed Of Trust
related
$104,000 · Roy E Knighton JR
—
—
Terra Group LLC
—
Deed Of Trust
related
$500,000 · Private Bank & Trust Co
—
—
Knighton Construction INC
—
Deed Of Trust
related
$420,000 · National Bank Commerce Tr & Sa
—
—
Terra Group LLC
—
Deed Of Trust
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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