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Property profile & analytics
OFF-MARKET
Commercial land
765 Il Rte 83, Elmhurst, IL 60126-4228
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-3065534
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.93 ac (40,511 SF)
Zoning code
C
APN
06-10-411-016
UPID
US28-3065534
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chicago Title Land Trust Company · 10 yrs held
Chicago Title Land Trust Company
since 2016
7 recorded transactions
Zoning & alternative use
C · Elmhurst, 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 Elmhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elmhurst 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,310
Tax year 2023
Assessed value
$42,270
Assessed 2023
Previous assessed
$40,230
+5.1% YoY
Effective rate
7.83%
On assessed value
Assessed land
$42,270
Land market value
$126,810
Total market value
$126,810
Applied tax rate
6,026.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.93 ac (40,511 SF)
Zoning code
C
APN
06-10-411-016
UPID
US28-3065534
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Elmhurst, IL
Zoning C · permitted uses
C · Elmhurst, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elmhurst. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Chicago Title Land Trust Company
Trust
Mailing address
765 S IL RTE 83, ELMHURST, IL 60126-4228
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2018
—
Varon 2002 LLC
—
Grant Deed
related
$3,269,250 · Bridgeview Bk
Jun 1, 2018
—
Trust Number 00-8499
—
Grant Deed
related
$2,972,000 · Wessex 504 Corp
Apr 24, 2018
—
Cole Taylor Bank Trust
—
Grant Deed
related
$3,269,250 · Bridgeview Bk
Jan 5, 2018
—
Trust 00-8499
—
Loan Modification
related
$5,675,000 · Bridgeview Bk
Aug 11, 2017
—
Trust 00-8499
—
Grant Deed
related
$7,000,000 · Bridgeview Bk
May 9, 2017
—
Trust 8499
—
Loan Modification
related
$4,859,375 · Bridgeview Bk
Jan 6, 2016
—
Chicago Title Land Trust Company
Chicago Title Land Trust Company
Deed
related
$4,859,375 · Varon 2002 LLC
Jul 12, 2000
—
Cole Taylor Bank Trustee
American Nat'l Bk&tr Chgo Ttee
Grant Deed
related
—
—
—
Trust 00-8498
—
Loan Modification
related
$750,000 · Mb Fin'l Bk
—
—
Trust 00-8499
—
Loan Modification
related
$4,859,375 · Private Individual
—
—
Trust 00-8498
—
Loan Modification
related
$750,000 · Mb Fin'l Bk
—
—
Trust 00-8498
—
Loan Modification
related
$6,500,000 · Mb Financial Bank NA
—
—
Trust 00-8498
—
Deed Of Trust
related
$3,500,000 · Mb Financial Bank NA
—
—
Trust 00-8498
—
Deed Of Trust
related
$5,000,000 · Mb Financial Bank NA
—
—
Cole Taylor Bank Ttee
—
Deed Of Trust
related
$2,500,000 · American Nat'l Bk & Tr Chicago
—
—
Trust 00-8498
—
Loan Modification
related
$5,750,000 · Mb Fin'l Bk
—
—
Trust 00-8499
—
Loan Modification
related
$10,675,000 · First Midwest Bk
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
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