Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Royal Worlington Dr Naperville, IL 60564

    • Commercial real estate
    • 5,088 SF
    • 2.92 lot acres
    OFF-MARKET
    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-1197184
    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.

    Current Use by Public Records

    • Karen Walin Law Offices / Law Firm
    • Beidelman-Kunsch Funeral Homes & Crematory / Social Service Agency
    • Marriot Chicago Naperville / Church / Mosque
    • Tamarack Golf Club / Restaurant
    • Emerald Custom Builders LLC / Construction Company / General Contractor

    Property Details for Royal Worlington Dr

    Year built
    1988
    Lot size
    2.92 lot acres
    Property size
    5,088 SF
    Property type
    Commercial real estate
    APN
    07-01-16-207-002
    APU
    70116207002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $738,000
      Market price range: $599k - $1.75M

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

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.2057
    Latitude
    41.6907
    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
    $5,754
    $91,744
    $77,594
    $169,338
    -
    $275,232
    $232,782
    $508,014

    Comparable in this City

    • Value Estimation by Request
      2.85 Acres

      Rt 59

      COMMERCIAL (GENERAL) • 2.85 Acres
      Rt 59, Naperville, IL 60564
      View Details
    • Value Estimation by Request
      1.31 Acres

      2708 Forgue Dr

      COMMERCIAL (GENERAL) • 1.31 Acres
      2708 Forgue Dr, Naperville, IL 60564-4000
      View Details
    • Value Estimation by Request
      9.55 Acres

      2708 Showplace Dr

      COMMERCIAL (GENERAL) • 9.55 Acres
      2708 Showplace Dr, Naperville, IL 60564-5043
      View Details
    • Value Estimation by Request
      6.04 Acres

      2879 95th St Ste, Unit 171

      COMMERCIAL (GENERAL) • 6.04 Acres
      2879 95th St Ste, Naperville, IL 60564-9008
      View Details
    • Value Estimation by Request
      85.50 Acres

      3400 Clb Dr

      COMMERCIAL (GENERAL) • 85.50 Acres
      3400 Clb Dr, Naperville, IL 60564-5920
      View Details
    • Value Estimation
      $19,045,000
      0.45 Acres

      4223 Pond Willow Rd

      COMMERCIAL (GENERAL) • 0.45 Acres
      4223 Pond Willow Rd, Naperville, IL 60564-1225
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Naperville Commercial Land - 1 Acre

      Prime South Naperville lot, ideal for development.
      0 104Th St, Naperville, IL 60564
      View Details
    • $3,750,000
      5.25 Acres

      Naperville Commercial Land

      5.25 Acres, Prime Location
      1328 Illinois Rte 59, Naperville, IL 60564
      View Details
    • $839,000
      3,418 SF

      Naperville Office Building - Great Income!

      Prime office space, high visibility, ample parking.
      2712 Forgue Dr, Naperville, IL 60564
      View Details
    • $699,000
      48,000 SF

      Naperville Office Condo - Prime Location

      Executive Suite, 48,000 sq ft, Ample Parking
      2272 95Th St, Naperville, IL 60564
      View Details
    • $400,000
      1,975 SF

      Townhome with Pond View

      Three-bedroom townhome with pond views, close to amenities.
      3281 Cool Springs Ct, Naperville, IL 60564
      View Details
    • $1,765,000
      4.25 Acres

      Naperville Gated Estate Land

      Rare 4+ acre estate opportunity in Naperville, Illinois.
      24531 W 103Rd St, Naperville, IL 60564
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Naperville Commercial Land Opportunity

      9,000 SF Lot, Prime Location
      0 104Th St, Naperville, IL 60564
      View Details
    • Contact for pricing
      1,484 SF

      Naperville Retail Space Available

      1,484 SF retail space near YMCA and high school.
      3075 Book Rd, Naperville, IL 60564
      View Details
    • $16 SF/Yr
      3,689 SF

      Naperville Retail Space Available

      Retail spaces available in Naperville South Commons shopping center.
      4003 Plainfield Naperville Rd, Naperville, IL 60564
      View Details
    • $15 SF/Yr
      1,373 SF

      Upscale Naperville Office Space

      Premier office space in South Naperville with easy access.
      4015 Plainfield Naperville Rd, Naperville, IL 60564
      View Details
    • Contact for pricing
      60,427 SF

      Naperville Retail Space Available

      High-traffic retail center, 5 spaces available
      3125 Route 59, Naperville, IL 60564
      View Details
    • $20 SF/Yr
      3,712 SF

      Naperville Executive Office Suite

      Prime Naperville Office Space Available
      1004 104Th St, Naperville, IL 60564
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Royal Worlington Dr
    Naperville, IL 60564
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.