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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Turn key restaurants
639 Blackhawk Dr, Westmont, IL 60559-1115
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0457900
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1981
Total area
7,240 SF
Lot
1.44 ac (62,726 SF)
Zoning code
N
APN
09-03-106-022
UPID
US28-0457900
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
-
Bohemian Crystal Restaurant Restaurant
-
Millsap & Sons Consulting Marketing & Advertising Advertising Agency
-
marcia martins Car Dealership Shipping Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$2.42M
Owner & transaction history
Advocate Health And Hospitals Corpo · 3 yrs held
Advocate Health And Hospitals Corpo
since 2023
Last sale
$2.6M
4 recorded transactions
Zoning & alternative use
N · Westmont, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+13.8%
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 Westmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westmont 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
$2,330,000
ML approach
$2,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,250,000
Current use
AUTO REPAIR, GARAGE
$2,560,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $2.63M (Apr 12 2023)
Last sale anchor
$2.63M
Apr 12 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
$334 / 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
$37,768
Tax year 2023
Assessed value
$566,160
Assessed 2023
Previous assessed
$524,220
+8.0% YoY
Effective rate
6.67%
On assessed value
Assessed land
$206,370
Assessed improvement
$359,790
Land market value
$619,110
Improvement market value
$1,079,370
Total market value
$1,698,480
Applied tax rate
9,005.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Total area
7,240 SF
Lot
1.44 ac (62,726 SF)
Zoning code
N
APN
09-03-106-022
UPID
US28-0457900
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
N · Westmont, IL
Zoning N · permitted uses
N · Westmont, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1981
Heating
NONE
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Advocate Health And Hospitals Corpo
Individual
Mailing address
3075 HIGHLAND PKWY FL #6, DOWNERS GROVE, IL 60515-5563
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
$2,625,000
Advocate Health And Hospitals Corpo
Magnet Schultz America Holdings LLC
Warranty Deed
—
Oct 7, 2022
$1,416,500
Magnet Schultz America Holding LLC
Chicago Title Land Trust Company
Deed
—
May 18, 2001
$1,327,500
Banco Popular N America Ttee
West Suburban Bank Trustee
Grant Deed
related
$600,000 · Mid America Bank Fsb
—
—
Trust 2562
—
Deed Of Trust
related
$550,000 · Banco Popular NA
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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