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Property profile & analytics
FOR SALE
Office buildings
820 Davis St, Evanston, IL 60201
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-5496940
For Sale
1 / 8
Contact for pricing
820 Davis St, Evanston, IL 60201
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1972
Lot
0.41 ac (18,000 SF)
APN
11-18-311-003
UPID
US28-5496940
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
-
MTS Systems Corporation Industrial Manufacturer Production Facility
-
Research House Too Advertising Agency
-
Grumman/Butkus Associates Engineer
-
Lakeside Dentistry Dental Office
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
Bv Fmv 820 Davis Owner LLC · 7 yrs held
Bv Fmv 820 Davis Owner LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Evanston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evanston 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 2022Property tax & assessments
Tax year 2022
Tax billed
$566,405
Tax year 2022
Assessed value
$2,399,414
Assessed 2022
Previous assessed
$2,074,685
+15.7% YoY
Effective rate
23.61%
On assessed value
Assessed land
$225,000
Assessed improvement
$2,174,414
Land market value
$900,000
Improvement market value
$8,697,656
Total market value
$9,597,656
Applied tax rate
17,062.0000
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 (MULTI-STORY)
Status
For Sale
Year built
1972
Heating
NONE
Lot
0.41 ac (18,000 SF)
APN
11-18-311-003
UPID
US28-5496940
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Bv Fmv 820 Davis Owner LLC
Entity
Mailing address
160 N WACKER DR, CHICAGO, IL 60606-1633
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
—
Bv Fmv 820 Davis Owner LLC
—
Deed
related
$1,109,000 · Efm Transfer Agent LLC
Mar 14, 2022
—
Bv Fmw 820 Davis Owner LLC
—
Deed
related
$8,500,000 · Bluebird Credit Fm LLC
Mar 13, 2019
$10,600,000
Bv Fmv 820 Davis Owner LLC
820 Davis LLC
Trustees Deed
related
$11,850,300 · Lake Forest Bk&tr
Mar 22, 2010
—
820 Davis LLC
—
Deed Of Trust
related
$8,456,522 · Harris NA
May 10, 2007
—
820 Davis LLC
—
Trustees Deed
related
$200,000 · Harris NA
Jun 5, 2002
$6,250,000
820 Davis LLC
Mortgage One Corp
Grant Deed
$5,000,000 · Lasalle National Bank
—
—
820 Davis LLC
—
Deed Of Trust
related
$4,707,200 · Lasalle National Bank
—
—
820 Davis LLC
—
Deed Of Trust
related
$5,900,000 · Cole Taylor Bank
—
—
820 Davis LLC
—
Deed Of Trust
related
$7,575,000 · Wells Fargo Bk
—
—
820 Davis LLC
—
Deed Of Trust
related
$100,000 · J P Morgan Chase 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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