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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office Spaces
7702 Cass Ave Darien, IL 60561-5093
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-1697259
Property summary
AI-generated overview
This exceptional two-story office building, totaling 8,784 square feet, is situated at 7702 S Cass Ave in Darien, Illinois, 60561, at the southwest corner of Cass Avenue and Plainfield Road in DuPage County. Built in 1986 and extensively renovated in 2022, the Class B property offers nine suites, with a minimum divisible space of 522 square feet, making it ideal for a variety of tenants. The building features one elevator and ample parking with 44 spaces. Its location on a highly trafficked main artery boasts over 25,000 cars daily and enjoys proximity to I-55 (only 0.5 miles north). The zoning is Office. The property is well-suited for executive, medical, creative, or traditional office uses, benefiting from its prominent corner signage and access to downtown amenities. Property taxes are $2.50 per square foot. This multi-tenant building presents a fantastic opportunity for businesses seeking a strategic location and modern facilities.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Total area
8,836 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C
APN
09-28-410-045
UPID
US28-1697259
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
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.47M
Owner & transaction history
Awg Darien LLC · 6 yrs held
Awg Darien LLC
since 2020
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
C · Darien, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+17.9%
Medical building
$2.0M
+17.5%
Retail stores
$1.9M
+12.4%
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
$1,620,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,695,000
Current use
OFFICE BUILDING
$1,995,000
Change: +18% · Conversion: Easy
MEDICAL BUILDING
$1,990,000
Change: +18% · Conversion: Easy
RETAIL STORES
$1,905,000
Change: +12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.35M (Jun 15 2020)
Last sale anchor
$1.35M
Jun 15 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
$166 / 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
$29,389
Tax year 2023
Assessed value
$435,870
Assessed 2023
Previous assessed
$392,100
+11.2% YoY
Effective rate
6.74%
On assessed value
Assessed land
$105,920
Assessed improvement
$329,950
Land market value
$317,760
Improvement market value
$989,850
Total market value
$1,307,610
Applied tax rate
9,292.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Stories
2
Total area
8,836 SF
Lot
0.69 ac (30,056 SF)
Zoning code
C
APN
09-28-410-045
UPID
US28-1697259
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Darien, ILZoning C · permitted uses
C · Darien, IL
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
$1.7M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1986
Heating
NONE
Stories
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Awg Darien LLC
Entity
Mailing address
7702 CASS AVE, DARIEN, IL 60561-5093
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2020
—
Awg Darien LLC
Alojzy Giadla
Quit Claim Deed
related
—
May 26, 2016
$1,350,000
Alojzy Giadla
Trust 2362
Grant Deed
—
Dec 17, 1998
$1,150,000
Bank Calumet Ttee
Longbranch Family LP
Grant Deed
related
$1,010,000 · Liberty Federal Bank
Jun 2, 1998
—
Longbranch Family LP
King Family LP
Quit Claim Deed
related
—
—
—
Trust 2362
—
Deed Of Trust
related
$1,050,000 · Marquette Bank
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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