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Property profile & analytics
OFF-MARKET
Estimated value
$5,645,000
Warehouses
701 Commerce St Aurora, IL 60504-8173
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1809559
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
79,190 SF
Lot
4.18 ac (182,081 SF)
Zoning code
I
APN
07-17-404-005
UPID
US28-1809559
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
-
Naperville Rentals Building Supply
-
OCM Chicago Inc. 美国华源食品集团 Big Box & Wholesale Store
-
Carney Brothers Plumbing LLC Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.64M
Blend (final)
Blend
$5.65M
Owner & transaction history
Come M Investment Co · 5 yrs held
Come M Investment Co
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
I · Aurora, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
$5,875,000
ML approach
$5,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,660,000
Current use
Blend value · Realmo final
$5.65M
Range $5.08M – $6.21M · ±10% · vs last sale $4.95M (Jul 7 2021)
Last sale anchor
$4.95M
Jul 7 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
$71 / 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
$131,275
Tax year 2023
Assessed value
$1,615,320
Assessed 2023
Previous assessed
$1,456,750
+10.9% YoY
Effective rate
8.13%
On assessed value
Assessed land
$247,740
Assessed improvement
$1,367,580
Land market value
$743,220
Improvement market value
$4,102,740
Total market value
$4,845,960
Applied tax rate
7,045.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Total area
79,190 SF
Lot
4.18 ac (182,081 SF)
Zoning code
I
APN
07-17-404-005
UPID
US28-1809559
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Aurora, IL
Zoning I · permitted uses
I · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.7M
WAREHOUSE, STORAGE Current
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
1990
Heating
NONE
Lot
4.18 ac
Current owner
From public records · entity-resolved
Come M Investment Co
Entity
Mailing address
4214 RUSHMORE CT, CHINO, CA 91710-8419
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
—
Come M Investment Co
—
Deed
related
$3,000,000 · East West Bank
Feb 6, 2023
—
Come M Investment Co
—
Deed
related
$1,000,000 · East West Bank
Jul 7, 2021
$4,950,000
Come M Investment Co
Oxford Bank & Trust
Deed
$3,200,000 · East West Bank
May 26, 2021
—
Oxford Bank & Trust
First Midwest Bank
Deed
—
May 2, 2018
—
Trust 3419
—
Grant Deed
related
$8,674,953 · First Midwest Bk
Jan 18, 2017
—
Trust 3419
—
Deed
related
$1,963,129 · Standard Bk
Feb 22, 2005
$330,000
Trust 3419
Commerce LLC
Grant Deed
$2,800,000 · Standard Bk&tr/hickory Hills
Aug 4, 1999
$2,350,000
701 N Commerce LLC
Mbc Partners LP
Grant Deed
$1,950,000 · Fremont Investment & Loan
—
—
Trust 3419
—
Loan Modification
related
$1,963,129 · Standard Bank & Trust
—
—
Trust 3419
—
Loan Modification
related
$1,963,129 · Standard Bk
—
—
701 N Commerce LLC
—
Deed Of Trust
related
$2,500,000 · Royal American Bank
—
—
Trust 3419
—
Deed Of Trust
related
$2,262,235 · Standard Bank & Trust
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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