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Property profile & analytics
OFF-MARKET
Estimated value
$7,445,000
Office buildings
815 Quail Rdg Dr, Westmont, IL 60559-6164
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1331394
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
101,426 SF
Lot
10.24 ac (446,054 SF)
Zoning code
C
APN
06-35-303-008
UPID
US28-1331394
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
Current use
Occupant on record · Public records
-
Terrell Materials Corporation Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.85M
Blend (final)
Blend
$7.45M
Owner & transaction history
Quail Ridge Executive Illinois Real · 4 yrs held
Quail Ridge Executive Illinois Real
since 2021
Last sale
$7.1M
3 recorded transactions
Zoning & alternative use
C · Westmont, 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 Westmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westmont 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
$8,740,000
ML approach
$8,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.45M
Range $6.70M – $8.19M · ±10% · vs last sale $7.12M (Sep 10 2021)
Last sale anchor
$7.12M
Sep 10 2021
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
$73 / 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
$126,226
Tax year 2023
Assessed value
$2,542,460
Assessed 2023
Previous assessed
$2,425,950
+4.8% YoY
Effective rate
4.96%
On assessed value
Assessed land
$1,606,690
Assessed improvement
$935,770
Land market value
$4,820,070
Improvement market value
$2,807,310
Total market value
$7,627,380
Applied tax rate
6,008.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Total area
101,426 SF
Lot
10.24 ac (446,054 SF)
Zoning code
C
APN
06-35-303-008
UPID
US28-1331394
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Westmont, IL
Zoning C · permitted uses
C · Westmont, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
10.24 ac
Current owner
From public records · entity-resolved
Quail Ridge Executive Illinois Real
Individual
Mailing address
1 WORLD TRADE CTR FL 83G, NEW YORK, NY 10007-0139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$7,120,000
Quail Ridge Executive Illinois Real
Quail Ridge Drive Investors LLC
Special Warranty Deed
$20,000,000 · Prime Finance Short Duration Holdin
Sep 23, 1999
$11,130,000
Quail Ridge Investors LLC
Quail Ridge LLC
Grant Deed
related
—
Sep 17, 1998
$10,100,000
Quail Ridge LLC
Amalgamated Bank Chicago Ttee
Grant Deed
$9,200,000 · Sanwa Business Credit Corp
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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