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Property profile & analytics
OFF-MARKET
Estimated value
$5,070,000
Commercial real estate
7516 Cass Ave, Darien, IL 60561-4496
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1133048
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Total area
41,655 SF
Lot
3.9 ac (169,884 SF)
Zoning code
C
APN
09-28-402-024
UPID
US28-1133048
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$5.07M
Owner & transaction history
Autozone Parts INC · 4 yrs held
Autozone Parts INC
since 2022
5 recorded transactions
Zoning & alternative use
C · Darien, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$8.0M
+0.7%
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 Darien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Darien 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,985,000
Current use
APARTMENT HOUSE (5+ UNITS)
$8,045,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$5.07M
Range $4.56M – $5.58M · ±10%
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
$122 / 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
$90,634
Tax year 2023
Assessed value
$1,298,420
Assessed 2023
Previous assessed
$1,230,340
+5.5% YoY
Effective rate
6.98%
On assessed value
Assessed land
$654,750
Assessed improvement
$643,670
Land market value
$1,964,250
Improvement market value
$1,931,010
Total market value
$3,895,260
Applied tax rate
9,165.0000
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
Year built
1982
Heating
NONE
Stories
3
Total area
41,655 SF
Lot
3.9 ac (169,884 SF)
Zoning code
C
APN
09-28-402-024
UPID
US28-1133048
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Darien, IL
Zoning C · permitted uses
C · Darien, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Darien. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1982
Heating
NONE
Stories
3
Lot
3.9 ac
Current owner
From public records · entity-resolved
Autozone Parts INC
Entity
Mailing address
242 S BUNTING LN, BLOOMINGDALE, IL 60108-1420
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Brookhaven Plaza LLC
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Jan 26, 2022
—
Autozone Parts INC
Brookhaven Plaza LLC
Lease
—
Sep 6, 2018
—
Brookhaven Plaza LLC
—
Deed
related
$9,400,000 · Jpmorgan Chase Bank NA
Aug 19, 2008
—
Brookhaven Plaza LLC
Parkway Bank & Trust Co
Deed
$8,220,000 · The Northern Trust Co
Nov 9, 1999
—
Parkway Bank & Trust Co Ttee
—
Deed Of Trust
related
$5,800,000 · St Francis Bank Fsb
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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