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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial real estate
7320 Madison St Ste 1400, Willowbrook, IL 60527-3613
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0052042
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2004
Total area
1,932 SF
Lot
2.45 ac (106,722 SF)
APN
09-26-209-015
UPID
US28-0052042
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
$820k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$670k
Owner & transaction history
7320 Madison LLC · 6 yrs held
7320 Madison LLC
since 2020
Last sale
$665,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$685,000
+47.9%
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 Willowbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willowbrook 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
$800,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$460,000
Current use
AUTO REPAIR, GARAGE
$685,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$435,000
Change: -6% · Conversion: Easy
RETAIL STORES
$415,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $665k (Jul 6 2020)
Last sale anchor
$665k
Jul 6 2020
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
$347 / 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
$5,626
Tax year 2023
Assessed value
$112,370
Assessed 2023
Previous assessed
$104,040
+8.0% YoY
Effective rate
5.01%
On assessed value
Assessed land
$23,460
Assessed improvement
$88,910
Land market value
$70,380
Improvement market value
$266,730
Total market value
$337,110
Applied tax rate
9,082.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
1,932 SF
Lot
2.45 ac (106,722 SF)
APN
09-26-209-015
UPID
US28-0052042
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
COMMERCIAL (GENERAL) Current
Est. value
$460,000
AUTO REPAIR, GARAGE
Est. value
$685,000
MEDICAL BUILDING
Est. value
$435,000
RETAIL STORES
Est. value
$415,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2004
Heating
NONE
Stories
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
7320 Madison LLC
Entity
Mailing address
2400 S LAFLIN ST, CHICAGO, IL 60608-5006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2020
$665,000
7320 Madison LLC
Ward Frank M SR Trust
Grant Deed
$598,500 · Ward Frank M SR Trust (rt)
Aug 26, 2016
—
Ward,frank M SR Trust
Ward Frank M SR Trust
Quit Claim Deed
related
—
Jun 14, 2005
$248,500
Ward Frank M Trust
Gapinski,peter J
Warranty Deed
—
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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