New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,110,000
Commercial real estate
7508 Lemont Rd, Woodridge, IL 60517-2662
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0021843
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
21,638 SF
Lot
2.2 ac (95,832 SF)
APN
09-30-401-131
UPID
US28-0021843
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
$4.33M
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$4.11M
Owner & transaction history
Nare Woodridge Management LLC · 2 yrs held
Nare Woodridge Management LLC
since 2023
Last sale
$4.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.7M
+40.7%
Medical building
$4.9M
+1.9%
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 Woodridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodridge 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
$4,200,000
ML approach
$4,330,000
CAP Approach
CAP Return
Estimation
6%
$6,085,000
6.5%
$5,620,000
7%
$5,215,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,785,000
Current use
RESTAURANT
$6,730,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$4,875,000
Change: +2% · Conversion: Easy
RETAIL STORES
$4,665,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$3,880,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$4.11M
Range $3.70M – $4.52M · ±10% · vs last sale $3.96M (Sep 6 2023)
Last sale anchor
$3.96M
Sep 6 2023
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
$190 / 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
$127,594
Tax year 2023
Assessed value
$1,832,740
Assessed 2023
Previous assessed
$1,696,980
+8.0% YoY
Effective rate
6.96%
On assessed value
Assessed land
$376,620
Assessed improvement
$1,456,120
Land market value
$1,129,860
Improvement market value
$4,368,360
Total market value
$5,498,220
Applied tax rate
9,148.0000
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 (GENERAL)
Status
Off-Market
Stories
1
Total area
21,638 SF
Lot
2.2 ac (95,832 SF)
APN
09-30-401-131
UPID
US28-0021843
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
$4.8M
RESTAURANT
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$4.9M
RETAIL STORES
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
Stories
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
Nare Woodridge Management LLC
Entity
Free & Clear · 2 yrs held
Mailing address
110 W GOLF RD, SCHAUMBURG, IL 60195-3604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2023
$3,955,000
Nare Woodridge Management LLC
Cct Park Place LLC
Special Warranty Deed
—
Sep 6, 2023
—
Nare Woodridge Management LLC
Nare Woodridge Inln LLC
Intrafamily Transfer
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7508 Lemont Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
