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Property profile & analytics
OFF-MARKET
Retail space
13031 Western Ave 39 Blue Island, IL 60406-2418
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-5533155
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1923
Lot
0.16 ac (6,781 SF)
APN
25-31-121-003
UPID
US28-5533155
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
-
2RD Enterprises,Inc Holding Company
-
Quick Garage Door Repair Blue Island Corporate Office
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
2rd Ents INC · 8 yrs held
2rd Ents INC
since 2018
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 Blue Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Island 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
$39,135
Tax year 2022
Assessed value
$78,451
Assessed 2022
Previous assessed
$68,750
+14.1% YoY
Effective rate
49.88%
On assessed value
Assessed land
$11,866
Assessed improvement
$66,585
Land market value
$47,464
Improvement market value
$266,340
Total market value
$313,804
Applied tax rate
14,044.0000
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
1923
Heating
NONE
Lot
0.16 ac (6,781 SF)
APN
25-31-121-003
UPID
US28-5533155
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
1923
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
2rd Ents INC
Entity
Mailing address
10607 S PROSPECT AVE, CHICAGO, IL 60643-2925
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Apr 12, 2019
—
2rd Ents INC
—
Grant Deed
related
$2,750,000 · Newtek Small Busn Fin
Apr 11, 2018
$275,000
2rd Ents INC
Suburban Bank & Trust Co
Grant Deed
$275,000 · Allrise R/e Credit Fund LP
Aug 12, 2011
$86,000
Suburban Bank & Trust
Foster Bk
Warranty Deed
related
—
Oct 1, 2010
—
Foster Bk
Judicial Sales Corp
Trustees Deed
related
—
Sep 1, 2010
$186,322
Foster Bk
Judicial Sales Corp
Trustees Deed
related
—
Dec 3, 2008
—
Ali Kihalaf
Trust 11-6103
Grant Deed
related
—
Jul 25, 2007
$600,000
Juan M Zavala
Diaz,estella
Warranty Deed
$400,000 · Foster Bank
Jul 11, 2007
$50,000
Baltazar Z Diaz
Magana,rodolfo
Quit Claim Deed
related
—
Jul 11, 2007
—
Estella Diaz
Diaz,baltazar
Quit Claim Deed
related
—
Jan 9, 2004
—
Baltazar L Diaz
North,star Tr
Grant Deed
$300,000 · Midwest Bank & Trust Co
—
—
Capitol Bank & Trust Co Ttee
—
Deed Of Trust
related
$18,571 · First National Bk Morton Grove
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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