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Property profile & analytics
OFF-MARKET
Retail space
11111 Harlem Ave, Worth, IL 60482-1801
Entity Owned
3-yr Hold
Free & Clear
Property ID
US28-0389995
Property summary
AI-generated overview
This single-tenant retail space, located at 11111 S Harlem Ave, Unit A, in Worth, Illinois, offers 1,000 square feet of versatile commercial space. Built in 1992, this one-story building is situated in Cook County and is currently available for lease at a monthly rate of $3,900. The property is ideal for a variety of retail businesses seeking a convenient location in a well-established area. The space was previously occupied by a Sinai Laboratory, offering potential for a similar medical or healthcare-related business, or any other suitable retail use. The property's single-tenant occupancy ensures ease of management and control. With its convenient location and competitive lease terms, this property presents a compelling opportunity for businesses seeking a prime retail space in Worth, Illinois. The property's address is 11111 S Harlem Ave, Unit A, Worth, IL 60482. The building consists of one structure with a single story. Further details are available upon request.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Lot
0.38 ac (16,380 SF)
APN
24-19-100-024
UPID
US28-0389995
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
-
Eve Boutique Clothing & Fashion Store
-
Rodeo Burgers and Chicken Restaurant
-
Sinai Laboratory Corp Laboratory
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Susu's Dream Cakes Bakery Specialty Food Shop
-
Sazones Fresh Latín Cuisine 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
Harlem 11111 LLC · 3 yrs held
Harlem 11111 LLC
since 2023
Last sale
$380,000
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 Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worth 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
$44,488
Tax year 2022
Assessed value
$105,456
Assessed 2022
Previous assessed
$105,456
+0.0% YoY
Effective rate
42.19%
On assessed value
Assessed land
$34,807
Assessed improvement
$70,649
Land market value
$139,228
Improvement market value
$282,596
Total market value
$421,824
Applied tax rate
39,033.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Lot
0.38 ac (16,380 SF)
APN
24-19-100-024
UPID
US28-0389995
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
1992
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Harlem 11111 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10338 S HARLEM AVE, PALOS HILLS, IL 60465-2036
Ownership since
2023
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
May 19, 2023
—
Harlem 11111 LLC
Pfs Sks Investment Properties LLC
Quit Claim Deed
related
—
Oct 6, 2021
—
Rfs Sks Investment Properties LLC
Rfs Sks Investment Properties LLC
Intrafamily Transfer
related
—
Aug 9, 2021
$380,000
Rfs Sks Investment Properties LLC
Nemeh Investment INC
Special Warranty Deed
$300,000 · Nemeh Investment INC
Sep 14, 2012
—
Nemeh Investment INC
Nemeh,mhd Shadi
Quit Claim Deed
related
—
Apr 3, 2012
—
Shadi Nemeh
Nemeh,sara
Quit Claim Deed
related
—
Dec 30, 2011
—
Sara Nemeh
Sheriffs Of Cook County
Trustees Deed
related
—
Jun 12, 2002
$575,000
Cara King
Slack,philip
Grant Deed
$262,500 · Harris Bank Argo
—
—
C King
—
Deed Of Trust
related
$214,000 · Centerpoint 504 Nfp
—
—
Cara King
—
Deed Of Trust
related
$205,000 · Harris Bank Argo
—
—
Cara King
—
Deed Of Trust
related
$45,000 · Unknown
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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