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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Industrial land
11347 183rd St, Orland Park, IL 60467-9436
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0149293
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.38 ac (60,113 SF)
APN
19-09-06-226-002
UPID
US28-0149293
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Orawa Maintenance And Services LLC · 3 yrs held
Orawa Maintenance And Services LLC
since 2023
Last sale
$862,500
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 Orland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orland Park 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
$1,000,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $863k (Apr 21 2023)
Last sale anchor
$863k
Apr 21 2023
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
—
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
$4,447
Tax year 2023
Assessed value
$51,671
Assessed 2023
Previous assessed
$51,671
+0.0% YoY
Effective rate
8.61%
On assessed value
Assessed land
$51,671
Land market value
$155,013
Total market value
$155,013
Applied tax rate
1,970.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
1.38 ac (60,113 SF)
APN
19-09-06-226-002
UPID
US28-0149293
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
1.38 ac
Current owner
From public records · entity-resolved
Orawa Maintenance And Services LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11215 183RD PL, ORLAND PARK, IL 60467-4903
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
—
Orawa Maintenance And Services LLC
—
Deed
related
$2,490,000 · Somercor 504 INC
Apr 21, 2023
—
Orawa Maintenance And Services LLC
A R S Trailer Repair LLC
Quit Claim Deed
related
—
Apr 13, 2023
$862,500
A R S Trailer Repair LLC
Zortech LLC
Warranty Deed
$3,042,000 · First Security Bank & Trust Co
Nov 13, 2019
$195,000
Zotech LLC
First Midwest Bank
Grant Deed
—
Dec 9, 2005
—
Trust 7138
—
Trustees Deed
related
$285,000 · Allegiance Community Bank
Aug 30, 2005
$155,000
Trust 7138
Cryogenic Systems Equipment In
Grant Deed
—
—
—
Systems Equipment In Cryogenic
—
Deed Of Trust
related
$102,800 · First Nat'l Bank Evergreen Par
—
—
Cryogenic Systems Equipment
—
Deed Of Trust
related
$576,000 · Heritage Community Bank
—
—
Trust 7138
—
Deed Of Trust
related
—
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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