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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Commercial real estate
1149 Irving Park Rd, Itasca, IL 60143-2049
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3062330
Property summary
AI-generated overview
This lucrative BP gas station, located at 1149 W Irving Park Rd in Itasca, IL (DuPage County, zip code 60143), presents a compelling investment opportunity. The 400 square foot property boasts a prime location at a major intersection of Irving Park Road and Route 53, ensuring high traffic volume. Monthly sales figures are impressive, averaging approximately 25,000 gallons of fuel, $30,000 in C-store sales, and $3,000 in lottery commission. The station features four pumps and two steel tanks. Currently operating under an absentee owner, this presents significant potential for increased profitability under active management. The property operates from 6:00 PM to 11:00 PM daily. A supply agreement with Parent Petroleum is in place, extending until 2030. The annual real estate tax is $12,000. Asking price is $950,000. This single-tenancy retail property offers a strong return on investment for the right buyer.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
880 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C
APN
03-07-102-013
UPID
US28-3062330
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
-
bp Grocery & Convenience Store
-
Unbank Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Itasca Bp Property LLC · 3 yrs held
Itasca Bp Property LLC
since 2022
Last sale
$625,000
2 recorded transactions
Zoning & alternative use
C · Itasca, 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 Itasca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Itasca 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
$775,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $625k (Aug 24 2022)
Last sale anchor
$625k
Aug 24 2022
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
$784 / 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
$11,480
Tax year 2023
Assessed value
$159,240
Assessed 2023
Previous assessed
$138,470
+15.0% YoY
Effective rate
7.21%
On assessed value
Assessed land
$104,810
Assessed improvement
$54,430
Land market value
$314,430
Improvement market value
$163,290
Total market value
$477,720
Applied tax rate
3,087.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
880 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C
APN
03-07-102-013
UPID
US28-3062330
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Itasca, IL
Zoning C · permitted uses
C · Itasca, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Itasca. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Itasca Bp Property LLC
Entity
Mailing address
10628 S 81ST AVE, PALOS HILLS, IL 60465-1820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
$625,000
Itasca Bp Property LLC
1149 Irving Park Real Estate INC
Special Warranty Deed
$507,500 · International Bank Of Chicago
Nov 10, 2008
$600,000
1146 Irving Park R & E INC
Bp Products North America INC
Quit Claim Deed
related
$560,000 · All American 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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