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Property profile & analytics
FOR LEASE
Office Spaces
7955 Cass Ave, Darien, IL 60561
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5580185
For Lease
1 / 2
$12 SF/Yr
7955 Cass Ave, Darien, IL 60561
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1991
Total area
78,860 SF
Lot
6.63 ac (288,803 SF)
Zoning code
C
APN
09-34-102-025
UPID
US28-5580185
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
$10.13M
Blend (final)
Blend
$9.23M
Owner & transaction history
Illinois Trident Dbc LLC · 7 yrs held
Illinois Trident Dbc LLC
since 2018
7 recorded transactions
Zoning & alternative use
C · Darien, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.2M
+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)
$15,115,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,230,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$9.23M
Range $8.31M – $10.15M · ±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
$117 / 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
$144,111
Tax year 2023
Assessed value
$2,118,850
Assessed 2023
Previous assessed
$2,152,490
-1.6% YoY
Effective rate
6.80%
On assessed value
Assessed land
$491,290
Assessed improvement
$1,627,560
Land market value
$1,473,870
Improvement market value
$4,882,680
Total market value
$6,356,550
Applied tax rate
9,045.0000
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
For Lease
Year built
1991
Heating
NONE
Stories
2
Total area
78,860 SF
Lot
6.63 ac (288,803 SF)
Zoning code
C
APN
09-34-102-025
UPID
US28-5580185
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
$15.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.2M
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
1991
Heating
NONE
Stories
2
Lot
6.63 ac
Current owner
From public records · entity-resolved
Illinois Trident Dbc LLC
Entity
Mailing address
2727 LYNDON B JOHNSON FWY STE #806, DALLAS, TX 75234-7334
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2018
—
Illinois Trident Dbc LLC
Darien Business Center LLC
Warranty Deed
$14,750,000 · Phl Variable Ins Co
Jan 3, 2017
$11,875,000
Darien Business Center LLC
Cii Sbc 2015-1 Reo 167062 LLC
Grant Deed
$13,000,000 · Prescient Capital Partners Ltd
Aug 2, 2016
—
Cii Sbc 2015-1 Reo 167062 LLC
Sheriff Of Dupage County|nnn Darien Business Cente
Trustees Deed
related
—
Dec 14, 2007
$510,000
Nnn Darien Business Ctr 31 LLC
Nnn Darien Business Center LLC
Grant Deed
—
Dec 7, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Nov 16, 2007
$7,014,000
Nnn Darien Business Ctr I LLC
Nnn Darien Business Center LLC
Grant Deed
—
Sep 27, 2007
$28,800,000
Nnn Darien Business Center LLC
Smii Oak Creek Of LP
Grant Deed
$23,040,000 · Lasalle National Bank
Nov 10, 1999
$11,700,000
Smii Oak Creek/lp
Lasalle Bank NA Trustee
Trustees Deed
—
Nov 10, 1999
—
Smi Oak Creek/lp LP
—
Deed Of Trust
related
$48,000,000 · Wells Fargo 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.
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?”
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