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Property profile & analytics
FOR SALE
Commercial real estate
1361 Benton St Crete, IL 60417
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5268885
For Sale
1 / 18
$849,900
1361 Benton St, Crete, IL 60417
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1964
Total area
3,844 SF
Lot
0.38 ac (16,553 SF)
APN
23-15-09-320-018
UPID
US28-5268885
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
-
ATM Atm
-
Crete's Backyard Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
$900k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Richies Sports Bar & Grill Incorpor · 2 yrs held
Richies Sports Bar & Grill Incorpor
since 2024
Last sale
$740,000
6 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 Crete submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crete 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
$740,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $740k (Jul 12 2024)
Last sale anchor
$740k
Jul 12 2024
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
$193 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,798
Tax year 2023
Assessed value
$93,882
Assessed 2023
Previous assessed
$93,882
+0.0% YoY
Effective rate
11.50%
On assessed value
Assessed land
$29,988
Assessed improvement
$63,894
Land market value
$89,964
Improvement market value
$191,682
Total market value
$281,646
Applied tax rate
2,349.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1964
Heating
NONE
Stories
1
Total area
3,844 SF
Lot
0.38 ac (16,553 SF)
APN
23-15-09-320-018
UPID
US28-5268885
Jurisdiction
WILL
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
1964
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Richies Sports Bar & Grill Incorpor
Individual
Mailing address
1431 W DOUGLAS LN, CRETE, IL 60417-3005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$740,000
Richies Sports Bar & Grill Incorpor
Ojeda Properties LLC
Warranty Deed
$670,000 · Ojeda Properties LLC
Sep 26, 2022
$1,250,000
Village Of Crete
Nss Group INC
Warranty Deed
—
Mar 9, 2020
$310,000
First Choice Development INC
First Choice Development INC
Warranty Deed
related
$150,000 · First Choice Development INC
Mar 28, 2018
—
First Choice Development INC
—
Deed
related
$345,000 · Centier Bank
Aug 21, 2008
$273,000
First Choice Dev INC
Trust 1592
Grant Deed
$218,400 · First United Bank
—
—
Gary V Peterson
—
Deed Of Trust
related
$202,748 · David & Karol Creech
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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