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Property profile & analytics
OFF-MARKET
Estimated value
$10,480,000
Commercial real estate
1100 Lgt Rd 1800 Oswego, IL 60543-9369
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2792582
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
119,658 SF
Lot
10.71 ac (466,528 SF)
Zoning code
R-7 SU
APN
03-07-279-001
UPID
US28-2792582
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
-
American Visa Info Social Service Agency Charitable Organization
-
1100 Light Rd Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.08M
Blend (final)
Blend
$10.48M
Owner & transaction history
Mbab Properties LLC · 2 yrs held
Mbab Properties LLC
since 2024
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
R-7 SU · Oswego, IL
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 Oswego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oswego 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
$10,480,000
ML approach
$10,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.48M
Range $9.43M – $11.53M · ±10% · vs last sale $10.48M (Feb 7 2024)
Last sale anchor
$10.48M
Feb 7 2024
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
$88 / SF
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
$108,789
Tax year 2023
Assessed value
$1,262,215
Assessed 2023
Previous assessed
$1,262,215
+0.0% YoY
Effective rate
8.62%
On assessed value
Assessed land
$205,508
Assessed improvement
$1,056,707
Land market value
$616,525
Improvement market value
$3,170,124
Total market value
$3,786,649
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
Year built
1972
Heating
NONE
Stories
2
Total area
119,658 SF
Lot
10.71 ac (466,528 SF)
Zoning code
R-7 SU
APN
03-07-279-001
UPID
US28-2792582
Jurisdiction
KENDALL
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
R-7 SU · Oswego, ILZoning R-7 SU · permitted uses
R-7 SU · Oswego, IL
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
1972
Heating
NONE
Stories
2
Lot
10.71 ac
Current owner
From public records · entity-resolved
Mbab Properties LLC
Entity
Mailing address
7127 FITKINS DR, OSWEGO, IL 60543-6502
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2024
$10,480,000
Mbab Properties LLC
Light Road Apartments LLC
Special Warranty Deed
$4,349,000 · Jill Real Estate Capital LLC
Mar 31, 2020
—
Light Road Apartments LLC
Light Road LLC
Quit Claim Deed
$11,520,000 · Jones Lang Lasalle Multifamily
Dec 18, 2017
—
Light Road LLC
—
Grant Deed
related
$7,200,000 · Amalgamated Bk /chicago
Nov 30, 2017
—
Light Road LLC
Light 1 LLC
Quit Claim Deed
related
—
May 20, 2015
$7,250,000
Light 1 LLC
Shore Heights Village Apartments Li
Warranty Deed
$5,000,000 · Tcf National Bank
Jun 4, 2007
—
Shore Heights Village Apartments LP
Chicago Title Land Trust Co
Deed
$4,000,000 · Washington Mutual Bank
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$3,000,000 · Lasalle National Bank
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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