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    840 Plainfield Rd Willowbrook, IL 60527-5340
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    Property profile & analytics

    840 Plainfield Rd, Willowbrook, IL 60527-5340

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    • Grocery and convenience stores
    • 129,195 SF
    • 10.71 lot acres
    Off-Market
    Property ID
    US28-4985788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $11,835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bitcoin Depot - Bitcoin ATM / Crypto Atm / Atm
    • Pete's Fresh Market #13 - Willowbrook / Specialty Food Shop / Supermarket

    Property Details for 840 Plainfield Rd

    Lot size
    10.71 lot acres
    Property type
    Grocery and convenience stores
    APN
    09-23-405-026
    APU
    923405026

    Description

    This exceptional retail property, known as The Willows, is situated on 10.7 acres at 840 Plainfield Road in Willowbrook, Illinois, within DuPage County (zip code 60527). The property boasts a total building size of 101,000 square feet, offering a significant opportunity for multiple tenants. Currently, one retail space of 31,278 square feet is available, presenting a substantial footprint for a large-scale retailer or the potential for subdivision. The property's location in Willowbrook, Illinois provides excellent access to major transportation routes, ensuring high visibility and convenient access for customers. The property is classified as retail, offering a versatile space suitable for a variety of commercial uses. The substantial land area provides ample parking and potential for future expansion or development. This is an exceptional opportunity to acquire a well-located, sizable retail property in a thriving DuPage County market. The property's size and location make it an ideal investment for businesses seeking a prominent presence in a high-traffic area. Serious inquiries are encouraged to explore this significant retail opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,516,000
      Market price range: $14.5M - $48.7M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Willowbrook
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9434
    Latitude
    41.7625
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $145,243
    $1,387,760
    $1,513,040
    $2,900,800
    -
    $4,163,280
    $4,539,120
    $8,702,400

    Comparable in this City

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      6880 Frontage Rd

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      1.81 Acres

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      901 Mcclintock Dr

      STORE, RETAIL OUTLET
      901 Mcclintock Dr, Burr Ridge, IL 60527-0871
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      5,183 SF

      715 Plainfield Rd

      FINANCIAL BUILDING
      715 Plainfield Rd, Willowbrook, IL 60527-5377
      View Details
    • Value Estimation by Request
      5,424 SF

      6300 Kingery Hwy

      FINANCIAL BUILDING
      6300 Kingery Hwy, Willowbrook, IL 60527-2248
      View Details

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      Land Available For Sale

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    Similar Nearby for Lease

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      4,789 SF

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      Retail space available for lease in Willowbrook, Illinois.
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      Retail space with ample parking and high traffic volume.
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      Retail Space Near I-55

      Retail space with ample parking and high traffic volume.
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      Retail Space on Kingery Highway

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      Retail Space Redevelopment Opportunity

      Redevelopment opportunity in high-traffic area with high average incomes.
      6300 Robert Kingery Hwy, Willowbrook, IL 60527
      View Details
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    Willowbrook, IL 60527-5340
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    840 Plainfield Rd, Willowbrook, IL, 60527
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