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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Retail residential properties
1030 Sterling Ave 32 Flossmoor, IL 60422-1234
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1057206
Property summary
AI-generated overview
This exceptional investment opportunity encompasses two mixed-use buildings ideally situated in Flossmoor's vibrant central business district, directly across from the Metra station, a renowned microbrewery, diverse restaurants, and unique boutiques. The main building, 1030-1032 Sterling Avenue, is a prominent corner structure featuring a clock tower. This building boasts 10,110 square feet and houses five retail spaces and four highly desirable apartments, all currently leased with tenants responsible for their own electricity and gas. The owner provides heat. The building includes three separate basements
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1930
Lot
0.15 ac (6,450 SF)
APN
31-01-420-034
UPID
US28-1057206
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
-
Flossmoor,IL Family Dentist Dental Office
-
Judy Ann Johnson Pc Dental Office
-
Wendy M. Schweinfurth, OD Physician
-
Sterling Eye Care - Flossmoor Optometrist Eye Doctor Physician
-
Eyes on Sterling Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
Flossmoor Il Properties LLC · 3 yrs held
Flossmoor Il Properties LLC
since 2022
Last sale
$1.3M
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 Flossmoor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flossmoor 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
$1,405,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.36M
Range $1.22M – $1.49M · ±10% · vs last sale $1.30M (Aug 23 2022)
Last sale anchor
$1.30M
Aug 23 2022
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
—
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
$38,916
Tax year 2022
Assessed value
$72,351
Assessed 2022
Previous assessed
$72,351
+0.0% YoY
Effective rate
53.79%
On assessed value
Assessed land
$5,805
Assessed improvement
$66,546
Land market value
$58,050
Improvement market value
$665,460
Total market value
$723,510
Applied tax rate
32,012.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1930
Heating
NONE
Lot
0.15 ac (6,450 SF)
APN
31-01-420-034
UPID
US28-1057206
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
1930
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Flossmoor Il Properties LLC
Entity
Mailing address
23353 S 88TH AVE, FRANKFORT, IL 60423-7758
Ownership since
2022
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
Aug 23, 2022
$1,300,000
Flossmoor Il Properties LLC
Caulfield Holdings LLC II
Warranty Deed
$975,000 · Mutual Federal Bank
May 9, 2012
—
Caulfield Holdings LLC-ii
—
Deed Of Trust
related
$1,446,000 · Urban Ptshp Bk
Aug 5, 2011
—
Caulfield Holdings LLC II
Trust 86005
Grant Deed
related
$1,449,966 · Bmo Harris Bank
Jul 23, 2010
—
Trust 86005
—
Deed Of Trust
related
$1,328,982 · Harris NA
May 7, 2010
—
Trust 86005
—
Trustees Deed
related
$109,200 · Harris NA
Jul 19, 2005
—
Trust 86005
—
Trustees Deed
related
$200,000 · Harris Bank Frankfort
—
—
Trust 86005
—
Deed Of Trust
related
$151,000 · Harris NA
—
—
Trust 86005
—
Deed Of Trust
related
$1,086,000 · Harris Bank Frankfort
—
—
Great Lakes Trust Co NA Ttee
—
Deed Of Trust
related
$415,000 · Great Lakes Bank
—
—
Caulfield Holdings LLC II
—
Loan Modification
related
$12,289,027 · Urban Ptshp 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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