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Property profile & analytics
OFF-MARKET
Estimated value
$16,975,000
Office buildings
700 Oakmont Ln, Westmont, IL 60559-5551
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2692669
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
82,125 SF
Lot
6.18 ac (269,201 SF)
APN
06-34-405-027
UPID
US28-2692669
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
-
JLL Property Management Company
-
Ryan Companies US, Inc. Construction Company General Contractor
-
The Deli At 700 AKA 601 Food Market Restaurant
-
旧ゴス本社 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.21M
CAP Approach
CAP
$18.58M
Comparable Approach
Comparable
$11.97M
Blend (final)
Blend
$16.98M
Owner & transaction history
Sc Oakmont Funding Company LLC · 4 yrs held
Sc Oakmont Funding Company LLC
since 2021
Last sale
$21.7M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.5M
+73.5%
Medical building
$18.5M
+25.7%
Retail stores
$17.7M
+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 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
by Request
ML approach
$10,210,000
CAP Approach
CAP Return
Estimation
6%
$20,130,000
6.5%
$18,580,000
7%
$17,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,720,000
Current use
RESTAURANT
$25,540,000
Change: +74% · Conversion: Moderate
MEDICAL BUILDING
$18,500,000
Change: +26% · Conversion: Easy
RETAIL STORES
$17,695,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$14,925,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$16.98M
Range $15.28M – $18.67M · ±10% · vs last sale $21.70M (Dec 9 2021)
Last sale anchor
$21.70M
Dec 9 2021
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
$207 / 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
$233,022
Tax year 2023
Assessed value
$3,488,820
Assessed 2023
Previous assessed
$3,320,160
+5.1% YoY
Effective rate
6.68%
On assessed value
Assessed land
$1,159,000
Assessed improvement
$2,329,820
Land market value
$3,477,000
Improvement market value
$6,989,460
Total market value
$10,466,460
Applied tax rate
6,010.0000
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
2020
Total area
82,125 SF
Lot
6.18 ac (269,201 SF)
APN
06-34-405-027
UPID
US28-2692669
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
OFFICE BUILDING Current
Est. value
$14.7M
RESTAURANT
Est. value
$25.5M
MEDICAL BUILDING
Est. value
$18.5M
RETAIL STORES
Est. value
$17.7M
COMMERCIAL (GENERAL)
Est. value
$14.9M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2020
Lot
6.18 ac
Current owner
From public records · entity-resolved
Sc Oakmont Funding Company LLC
Entity
Mailing address
68 S SERVICE RD STE #120, MELVILLE, NY 11747-2350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2021
$21,700,000
Sc Oakmont Funding Company LLC
Ryan Companies Us INC
Special Warranty Deed
$14,500,000 · Goldman Sachs Bank USA
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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