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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Gas stations
12301 80th Ave, Palos Park, IL 60464-1907
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-1480870
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1997
Lot
0.65 ac (28,275 SF)
APN
23-25-300-001
UPID
US28-1480870
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
-
Shell Gas Station
-
Palos Petroleum Grocery & Convenience Store
-
Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
123rd & 80th Re LLC · 2 yrs held
123rd & 80th Re LLC
since 2023
Last sale
$800,000
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 Palos Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palos 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
$855,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $800k (Sep 6 2023)
Last sale anchor
$800k
Sep 6 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 2022Property tax & assessments
Tax year 2022
Tax billed
$63,679
Tax year 2022
Assessed value
$211,582
Assessed 2022
Previous assessed
$211,582
+0.0% YoY
Effective rate
30.10%
On assessed value
Assessed land
$84,825
Assessed improvement
$126,757
Land market value
$339,300
Improvement market value
$507,028
Total market value
$846,328
Applied tax rate
30,011.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1997
Heating
NONE
Lot
0.65 ac (28,275 SF)
APN
23-25-300-001
UPID
US28-1480870
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
1997
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
123rd & 80th Re LLC
Entity
Mailing address
10355 W 125TH ST, PALOS PARK, IL 60464-1541
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
Sep 6, 2023
$800,000
123rd & 80th Re LLC
Old National Bank
Deed
$751,170 · Parent Petroleum INC
Jun 19, 2018
—
First Midwest Bk
—
Deed
related
$860,000 · Centier Bk
May 7, 2013
$680,000
Trust 21443
Standard Bk & Trust
Quit Claim Deed
related
—
May 7, 2013
—
Trust 21443
Nikopoulos,tony
Quit Claim Deed
related
$510,000 · Standard Bank & Trust
May 11, 2011
—
Tony Nikopoulos
Nikopoulos,christ
Quit Claim Deed
related
—
Aug 21, 2000
—
Standard Bank & Trust
—
Grant Deed
related
$400,000 · Standard Bank & Trust
—
—
Trust 10029
—
Deed Of Trust
related
$445,000 · Standard Bank & Trust
—
—
Trust 10029
—
Deed Of Trust
related
$604,424 · Standard Bank & Trust
—
—
First Midwest Bk
—
Deed Of Trust
related
$860,000 · Centier Bk
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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