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Property profile & analytics
OFF-MARKET
Retail space
11950 Harlem Ave, Palos Heights, IL 60463-1150
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-2699944
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1972
Lot
0.35 ac (15,045 SF)
APN
23-25-205-022
UPID
US28-2699944
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
-
Mary Eannace (Speech Pathologist Palos Heights) Physician
-
Clark Financial Services Financial Advisor
-
The Law Office of Jack L. Haan, PC Law Firm
-
John Principe Physician
-
Dominika T. Zahradnicek, DC Alternative Medicine Practice
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
Brigid Capital III LLC · 7 yrs held
Brigid Capital III LLC
since 2019
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 Palos Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palos Heights 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
$43,633
Tax year 2022
Assessed value
$131,443
Assessed 2022
Previous assessed
$133,459
-1.5% YoY
Effective rate
33.20%
On assessed value
Assessed land
$45,135
Assessed improvement
$86,308
Land market value
$180,540
Improvement market value
$345,232
Total market value
$525,772
Applied tax rate
30,030.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1972
Heating
NONE
Lot
0.35 ac (15,045 SF)
APN
23-25-205-022
UPID
US28-2699944
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
1972
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Brigid Capital III LLC
Entity
Mailing address
11950 S HARLEM AVE, PALOS HEIGHTS, IL 60463-1150
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
—
Brigid Capital III LLC
—
Deed
related
$350,000 · First National Bank Of Brookfield
May 19, 2022
—
Brigid Capital III LLC
—
Deed
related
$620,000 · First National Bank Of Brookfield
Mar 27, 2019
—
Brigid Capital III LLC
Trust No 21786
Grant Deed
related
$750,000 · Evergreen Bk Grp
Nov 12, 2014
—
Trust 21786
Brigid Capital LLC
Grant Deed
related
—
Dec 4, 2009
$600,000
Brigid Capital LLC
Montesano Capital Mgmt INC
Warranty Deed
related
—
Dec 31, 2008
—
Montesano Capital Mgmt INC
—
Deed Of Trust
related
$16,609,000 · Midwest Bank & Trust Co
Nov 15, 2004
$1,160,000
Montesano Capital Mgmt INC
Trust 5497
Grant Deed
related
$928,000 · Midamerica Fsb
May 12, 1999
—
Founders Bank Ttee
Zurek,alice
Trustees Deed
related
$850,000 · Founders Bank
May 12, 1999
$525,000
Zurek,alice
Alice Zurek Estate
Trustees Deed
related
—
Jan 9, 1998
$1,400,000
Mathew Zurek
Worth Bank & Trust Trustee
Grant Deed
$250,000 · Worth Bank & Trust
—
—
Brigid Capital LLC
—
Deed Of Trust
related
$675,000 · First Midwest Bank
—
—
Trust 21786
—
Deed Of Trust
related
$640,000 · Standard Bk
—
—
Michael E Coogan
—
Loan Modification
related
$1,695,000 · Standard Bk
—
—
Montesano Capital Mgmt INC
—
Deed Of Trust
related
$1,040,000 · Midwest Bank & Trust Co
—
—
Montesano Capital Mgmt INC
—
Deed Of Trust
related
$240,000 · Midwest Bank & Trust Co
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.
Try Rey
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