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Property profile & analytics
OFF-MARKET
Retail space
12750 Harlem Ave, Palos Heights, IL 60463-2173
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-1250749
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1955
Lot
0.34 ac (14,875 SF)
APN
23-36-204-021
UPID
US28-1250749
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
-
Health 1st Center Alternative Medicine Practice
-
Dr. Mohamed Shalabi 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
Health 1st Center INC · 10 yrs held
Health 1st Center INC
since 2016
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
$23,053
Tax year 2022
Assessed value
$69,445
Assessed 2022
Previous assessed
$69,445
+0.0% YoY
Effective rate
33.20%
On assessed value
Assessed land
$44,625
Assessed improvement
$24,820
Land market value
$178,500
Improvement market value
$99,280
Total market value
$277,780
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
1955
Heating
NONE
Lot
0.34 ac (14,875 SF)
APN
23-36-204-021
UPID
US28-1250749
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
1955
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Health 1st Center INC
Entity
Mailing address
12750 S HARLEM AVE, PALOS HEIGHTS, IL 60463-2173
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2016
$318,000
Health 1st Center INC
Murphy Patrick J Trust
Grant Deed
—
Apr 28, 2016
—
Ms Real Estate Properties LLC
Health 1st Center INC
Quit Claim Deed
related
$336,000 · Cnb Bk&tr NA
Feb 2, 2015
—
Health 1st Center INC
Murphy Patrick J Trust
Grant Deed
related
—
Jun 16, 1998
—
Murphy Trust
First Natl Bk Evergreen Pk Tte
Grant Deed
related
—
—
—
Murphy Trust
—
Deed Of Trust
related
$48,116 · Founders Bank
—
—
Murphy Trust
—
Deed Of Trust
related
$198,300 · Marquette National Bank
—
—
Murphy Patrick J Trust
—
Deed Of Trust
related
$50,000 · Palos Bank & Trust
—
—
Murphy Patrick J Trust
—
Deed Of Trust
related
$250,000 · Palos Bank & Trust
—
—
Murphy Patrick J Trust
—
Deed Of Trust
related
$340,000 · Palos Bank & Trust
—
—
Murphy,patrick J Trust
—
Deed Of Trust
related
$325,000 · Cnb Bank & Trust NA
—
—
Murphy,tr
—
Deed Of Trust
related
$33,000 · Palos Bank & Trust
—
—
Murphy P J Trust Agreement
—
Deed Of Trust
related
$201,780 · Palos Bank & Trust
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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