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Property profile & analytics
FOR LEASE
Office buildings
10522 S Cicero Ave, Oak Lawn, IL 60453
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1432915
For Lease
Contact for pricing
10522 S Cicero Ave, Oak Lawn, IL 60453
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1973
Lot
0.07 ac (2,950 SF)
APN
24-16-210-039
UPID
US28-1432915
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
-
Gleason and Gleason Law Firm Financial Advisor
-
Rogers Dental Inc. Dental Office
-
Price Scott E DDS Dental Office
-
All Heart Dental LTD Dental Office
-
O'Connor Robert J DDS Dental Office
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
10522 S Cicero LLC · 1 yrs held
10522 S Cicero LLC
since 2024
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 Oak Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Lawn 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 2022Property tax & assessments
Tax year 2022
Tax billed
$17,372
Tax year 2022
Assessed value
$44,065
Assessed 2022
Previous assessed
$41,824
+5.4% YoY
Effective rate
39.42%
On assessed value
Assessed land
$6,268
Assessed improvement
$37,797
Land market value
$25,072
Improvement market value
$151,188
Total market value
$176,260
Applied tax rate
39,022.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1973
Heating
NONE
Lot
0.07 ac (2,950 SF)
APN
24-16-210-039
UPID
US28-1432915
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
1973
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
10522 S Cicero LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5656 W 120TH ST, ALSIP, IL 60803-3410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
—
Wireless Propco LLC
—
Deed
related
$200,000,000 · Wilmington Trust NA
Mar 18, 2025
—
10522 S Cicero LLC
—
Deed
related
$915,000 · Credit Union 1
Dec 3, 2024
$1,485,000
10522 S Cicero LLC
Chicago Title Land Trust Company
Deed
—
Dec 17, 2009
—
Trust 15642
—
Deed Of Trust
related
$1,100,593 · Standard Bank & Trust
Aug 23, 2004
—
Trust 15642
Trust 5-1328
Quit Claim Deed
related
$1,126,000 · Standard Bk
Dec 14, 1998
$917,501
Founders Bank Trustee
Lakeside Bank Trustee
Grant Deed
related
$734,000 · Founders Bank
—
—
Trust 15642
—
Deed Of Trust
related
$1,144,112 · Standard Bank & Trust
—
—
Trust 15642
—
Loan Modification
related
$1,307,505 · Standard 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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