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Property profile & analytics
OFF-MARKET
Estimated value
$405,000
Office Spaces
99 Park Ave Clarendon Hills, IL 60514-1492
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US28-3054706
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Total area
6,168 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
09-11-109-011
UPID
US28-3054706
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
$1.60M
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$405k
Owner & transaction history
Harris Bank Hinsdale NA Ttee · 25 yrs held
Harris Bank Hinsdale NA Ttee
since 2000
7 recorded transactions
Zoning & alternative use
C · Clarendon Hills, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+63.9%
Restaurant
$1.9M
+44.1%
Medical building
$1.4M
+4.4%
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 Clarendon Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarendon Hills 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%
$1,735,000
6.5%
$1,600,000
7%
$1,485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,330,000
Current use
AUTO REPAIR, GARAGE
$2,180,000
Change: +64% · Conversion: Difficult
RESTAURANT
$1,920,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$1,390,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,330,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$1,105,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$405k
Range $365k – $446k · ±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
$66 / 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
$30,896
Tax year 2023
Assessed value
$517,820
Assessed 2023
Previous assessed
$479,460
+8.0% YoY
Effective rate
5.97%
On assessed value
Assessed land
$123,370
Assessed improvement
$394,450
Land market value
$370,110
Improvement market value
$1,183,350
Total market value
$1,553,460
Applied tax rate
9,581.0000
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
2002
Heating
NONE
Stories
1
Total area
6,168 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C
APN
09-11-109-011
UPID
US28-3054706
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Clarendon Hills, ILZoning C · permitted uses
C · Clarendon Hills, 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
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
2002
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Harris Bank Hinsdale NA Ttee
Entity
Mailing address
PO BOX 269, HINSDALE, IL 60522-0269
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2000
—
Harris Bank Hinsdale NA Ttee
Wisch,leroy J
Grant Deed
related
—
Nov 19, 1999
$265,000
Lee Wisch
Avserco INC
Grant Deed
$195,000 · Midwest Bank
—
—
Leroy J Wisch
—
Loan Modification
related
$2,317,381 · Midwest Bank & Trust Co
—
—
Trust L-3967
—
Loan Modification
related
$730,863 · Firstmerit Bk
—
—
Harris Trust & Savings Bk Ttee
—
Deed Of Trust
related
$675,000 · Midwest Bank Hinsdale
—
—
Harris Trust & Savings Bk Ttee
—
Deed Of Trust
related
$850,000 · Midwest Bank & Trust Co
—
—
Leroy J Wisch
—
Loan Modification
related
$850,000 · Huntington Nat'l Bk
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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