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Property profile & analytics
OFF-MARKET
Commercial real estate
5871 Monee Manhattan Rd Monee, IL 60449-9597
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3104830
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
4,041 SF
Lot
1 ac (43,560 SF)
APN
21-14-20-206-008
UPID
US28-3104830
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
-
Culver's Restaurant
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
Rar Of Ottawa LLC · 9 yrs held
Rar Of Ottawa LLC
since 2017
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 Monee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monee 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 2023Property tax & assessments
Tax year 2023
Tax billed
$37,888
Tax year 2023
Assessed value
$329,104
Assessed 2023
Previous assessed
$329,104
+0.0% YoY
Effective rate
11.51%
On assessed value
Assessed land
$102,312
Assessed improvement
$226,792
Land market value
$306,936
Improvement market value
$680,376
Total market value
$987,312
Applied tax rate
2,140.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
4,041 SF
Lot
1 ac (43,560 SF)
APN
21-14-20-206-008
UPID
US28-3104830
Jurisdiction
WILL
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
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Rar Of Ottawa LLC
Entity
Mailing address
400 E SMT AVE, WALES, WI 53183-9616
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2017
—
Rar Of Ottawa LLC
—
Deed
related
$2,580,000 · Town Bk
Jun 29, 2017
—
Rar Of Ottawa LLC
—
Deed
related
$2,580,000 · Town Bk
Jun 27, 2017
—
Rar Of Ottawa LLC
—
Deed
related
$2,113,000 · Community Dev Commission
Jan 10, 2017
$2,100,000
Rar Of Ottawa LLC
Kjt Properties LLC
Special Warranty Deed
$2,200,000 · Town Bank
Nov 3, 2016
—
Will County Department Of Highway
Kjt Properties LLC
Warranty Deed
—
Jul 9, 2013
—
Kjt Properties LLC
—
Grant Deed
related
$1,728,000 · Bmo Harris Bk NA
Jan 10, 2013
$151,100
Kjt Properties LLC
Red Orange Properties LLC
Warranty Deed
—
Apr 10, 2012
—
Red Orange Properties LLC
Sheriff Of Will County
Trustees Deed
related
—
Jul 8, 2009
—
Mcenery William J Trust
—
Deed Of Trust
related
$14,700,000 · Cole Taylor Bank
Aug 22, 2008
—
Mcenery William J Trust
—
Deed Of Trust
related
$14,610,400 · Cole Taylor Bank
Jan 2, 2008
—
William J Mcenery
Gas City Ltd
Warranty Deed
—
Jan 28, 2003
$300,000
Gasgas City Ltd
Cosmopolitan Bank & Trust
Grant Deed
—
—
—
Ktj Properties LLC
—
Deed Of Trust
related
$587,000 · Somercor 504
—
—
Kjt Properties LLC
—
Deed Of Trust
related
$209,000 · Somercor 504
—
—
Rar Of Ottawa LLC
—
Loan Modification
related
$2,064,000 · Town Bk
—
—
Rar Of Ottawa LLC
—
Deed Of Trust
related
$2,580,000 · Town Bk
—
—
Rar Of Ottawa LLC
—
Deed Of Trust
related
$2,113,000 · Community Dev Commission
—
—
Rar Of Ottawa LLC
—
Loan Modification
related
$2,580,000 · Town 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.
Try Rey
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