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Property profile & analytics
OFF-MARKET
Estimated value
$23,445,000
Retail space
115 Oak Ave, Hillside, IL 60162
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-4041193
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Lot
1.99 ac (86,684 SF)
APN
15-17-403-026
UPID
US28-4041193
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.45M
Owner & transaction history
Hcp Rrf Hillside LLC · 4 yrs held
Hcp Rrf Hillside LLC
since 2021
Last sale
$23.5M
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 Hillside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillside 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
$23,330,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.45M
Range $21.10M – $25.79M · ±10% · vs last sale $23.50M (Aug 31 2021)
Last sale anchor
$23.50M
Aug 31 2021
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 2022Property tax & assessments
Tax year 2022
Tax billed
$267,015
Tax year 2022
Assessed value
$711,718
Assessed 2022
Previous assessed
$711,718
+0.0% YoY
Effective rate
37.52%
On assessed value
Assessed land
$303,849
Assessed improvement
$407,869
Land market value
$1,215,396
Improvement market value
$1,631,476
Total market value
$2,846,872
Applied tax rate
31,156.0000
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
2006
Heating
NONE
Stories
1
Lot
1.99 ac (86,684 SF)
APN
15-17-403-026
UPID
US28-4041193
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
2006
Heating
NONE
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Hcp Rrf Hillside LLC
Entity
Free & Clear · 4 yrs held
Mailing address
100 CONSTITUTION PLZ, HARTFORD, CT 06103-1702
Ownership since
2021
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
Oct 27, 2025
—
Hillside 25 A LLC
—
Deed
related
$15,800,000 · Nassau Coramerica Loan Co LLC
Aug 31, 2021
$23,500,000
Hcp Rrf Hillside LLC
Svap III Hillside Town Center LLC
Special Warranty Deed
—
Oct 12, 2018
—
Svap III Hillside Town Ctr LLC
—
Grant Deed
related
$24,460,000 · Miscellaneous Ins Co
Sep 24, 2018
—
Svap III Hillside Town Ctr LLC
Bre Ddr Br Hillside Il LLC
Grant Deed
related
—
Oct 31, 2014
$21,900,000
Bre Ddr Br Hillside Il LLC
Cole Mt Chicago Il LLC
Trustees Deed
$800,000,000 · Wells Fargo Bk
Oct 16, 2012
$26,945,500
Cole Mt Chicago LLC
Metro Commons LLC
Grant Deed
—
Aug 19, 2010
—
Metro Commons LLC
—
Deed Of Trust
related
$32,861,000 · Us Bank NA
—
—
Metro Commons LLC
—
Deed Of Trust
related
—
—
—
Metro Commons LLC
—
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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