Financial
Distress signals
Property profile

501 Rdg Rd Homewood, IL 60430

OFF-MARKET
Other commercial real estate
Property ID
US28-1578787
0.79 ac lot Built 1977
Last sale Feb 2022 · $365,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

501 Ridge Road in Homewood, Illinois is a self-storage facility comprising 136 self-storage units with a total of 16,180 rentable square feet. The property is located in the Chicago south suburban area within the Homewood/Hazel Crest/Glenwood corridor and is positioned near retail and service businesses that serve the surrounding area. The surrounding market includes other national storage operators, reflecting established demand for self-storage in the submarket.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$48k
Tax billed · 2022
Assessed value$77k
Assessed land$52k
Assessed improvement$25k
Effective rate63.01%

Value estimate

· Sep 2026
$435k
$392k – $479k
AI approach$420k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 1069 recorded sales of this use type
Observed band · Q1–Q3$140 – $917

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.9
Wholesale Shop12.6
HVAC Service12.1

Location

501 Rdg Rd Homewood, IL 60430-2022
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
940 Maple, Homewood, IL 60430-2061 $10,735,500 Feb 2026 No data
2640 183rd St, Homewood, IL 60430-2914 $2,644,000 Apr 2025 No data
18234 Rockwell, Homewood, IL 60430 $2,644,000 Apr 2025 No data
17750 Halsted, Homewood, IL 60430 $32,100,000 Mar 2025 No data
955 175th, Homewood, IL 60430-2028 $600,000 Mar 2025 No data
920 175th, Homewood, IL 60430-2038 $24,500,000 Apr 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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