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Property profile & analytics
OFF-MARKET
Estimated value
$7,270,000
Retail space
1236 State St, Lemont, IL 60439-4489
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1416481
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Lot
4.82 ac (209,959 SF)
APN
22-32-107-014
UPID
US28-1416481
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
-
State Street Animal Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.27M
Owner & transaction history
Pasadena Centennial Plaza LLC · 4 yrs held
Pasadena Centennial Plaza LLC
since 2022
Last sale
$8.1M
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 Lemont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lemont 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
$6,375,000
ML approach
$6,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.27M
Range $6.54M – $8.00M · ±10% · vs last sale $8.11M (Feb 9 2022)
Last sale anchor
$8.11M
Feb 9 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
—
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
$282,256
Tax year 2022
Assessed value
$1,162,581
Assessed 2022
Previous assessed
$1,162,581
+0.0% YoY
Effective rate
24.28%
On assessed value
Assessed land
$367,344
Assessed improvement
$795,237
Land market value
$1,469,376
Improvement market value
$3,180,948
Total market value
$4,650,324
Applied tax rate
19,006.0000
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
1997
Heating
NONE
Stories
1
Lot
4.82 ac (209,959 SF)
APN
22-32-107-014
UPID
US28-1416481
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
Stories
1
Lot
4.82 ac
Current owner
From public records · entity-resolved
Pasadena Centennial Plaza LLC
Entity
Mailing address
881 ALMA REAL DR STE #320, PACIFIC PLSDS, CA 90272-5049
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
$8,110,000
Pasadena Centennial Plaza LLC
Centennial Plaza Lemont Il LLC
Special Warranty Deed
$5,474,250 · Bank Of Montreal
Jul 14, 2017
—
Centennial Plaza Lemont Il LLC
—
Grant Deed
related
$7,400,000 · Alliant Cu
Jul 27, 2016
$4,042,500
Centennial Plaza Lemont Il LLC
Wells Fargo 2005-cibc11
Grant Deed
—
Nov 20, 2015
—
Fargo Series Wells
Judicial Sales Corp
Grant Deed
related
—
Jun 5, 2002
$7,400,000
Lemont Venture LLC
Tbs Lemont LLC
Grant Deed
related
$5,550,000 · Bloomingdale Bank & Trust
Nov 1, 2000
—
Tbs Lemont LLC
—
Grant Deed
related
$850,000 · Lasalle National Bank
Aug 13, 1998
—
T B S Lemont LLC
Burke Ec
Quit Claim Deed
related
—
—
—
Tbs Lemont LLC
—
Deed Of Trust
related
$2,750,000 · Standard Mortgage Investors
—
—
Venture Lemont
—
Deed Of Trust
related
$500,000 · Bloomingdale Bank & Trust
—
—
Lemont Venture LLC
—
Deed Of Trust
related
$7,250,000 · Cibc INC
—
—
Lemont Venture LLC
—
Deed Of Trust
related
$1,480,000 · Wilson Family Holding LP
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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