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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Hotels
640 Taft Ave, Glen Ellyn, IL 60137-5808
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1969943
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1965
Total area
17,232 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C
APN
05-23-201-026
UPID
US28-1969943
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Go Glen Ellyn Two LLC · 1 yrs held
Go Glen Ellyn Two LLC
since 2024
7 recorded transactions
Zoning & alternative use
C · Glen Ellyn, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.8M
+1.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,765,000
Current use
WAREHOUSE, STORAGE
$1,795,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$69 / 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
Applied tax rate
5,336.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1965
Heating
NONE
Stories
2
Total area
17,232 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C
APN
05-23-201-026
UPID
US28-1969943
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
HOTEL/MOTEL Current
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.8M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
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
1965
Heating
NONE
Stories
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Go Glen Ellyn Two LLC
Entity
Mailing address
1001 FAIRWAY DR, BENSENVILLE, IL 60106-1316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 9, 2024
—
Go Glen Ellyn Two LLC
Village Of Glen Ellyn
Special Warranty Deed
—
Jan 13, 2022
—
Village Of Glen Ellyn
Glengold Hospitality LLC
Intrafamily Transfer
related
—
Nov 29, 2016
$1,300,000
Glengold Hospitality LLC
Taft Investment INC
Special Warranty Deed
$1,725,000 · First Security Trust & Savings Bank
Jul 20, 2015
—
Taft Investment INC
Taft Investment INC
Quit Claim Deed
related
—
Aug 7, 2008
—
Americas Best Value Inn Shrey
Royal Vale Hospitality INC
Quit Claim Deed
related
—
Dec 10, 1997
$2,200,000
Royal Vale Hospitality INC
Harris Bank Naperville Ttee
Grant Deed
$2,150,000 · Union Fsb
—
—
Kamlesh|hathi Kanaiyalal Sheth
—
Deed Of Trust
related
$1,000,000 · Kanaiyalal Hathi
—
—
Taft Investments INC
—
Loan Modification
related
—
—
—
Royal Vale Hospitality INC
—
Deed Of Trust
related
$50,000 · Union Fsb
—
—
Royal Vale Hospitality INC
—
Deed Of Trust
related
$2,500,000 · Hinsbrook Bank & Trust
—
—
Glengold Hospitality LLC
—
Deed Of Trust
related
$249,900 · Kamlesh P Sheth
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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