Property profile

700 Oakmont Ln Westmont, IL 60559

OFF-MARKET
Office buildings
Property ID
US28-2692669
82,125 SF 6.18 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Property Management Company
  • Construction Company General Contractor
  • Food Market Restaurant
  • Corporate Office

Location

700 Oakmont Ln Westmont, IL 60559-5551
Westmont metro Census 844502 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.21M
CAP Approach CAP
$18.58M
Comparable Approach Comparable
$11.97M
Blend (final) Blend
$26.64M

Owner & transaction history

since 2021
Last sale
$21.7M
1 recorded transaction
2021
$21.7M

Zoning & alternative use

Top alternative use upside
Restaurant $25.5M +73.5%
Medical building $18.5M +25.7%
Retail stores $17.7M +20.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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