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Property profile & analytics
OFF-MARKET
Commercial real estate
14033 California Ave, Posen, IL 60469
Trust Owned
17-yr Hold
~
Est. High Equity
Property ID
US28-2083094
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Lot
0.07 ac (3,192 SF)
APN
28-01-404-018
UPID
US28-2083094
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
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
Massat Walter G Trust · 17 yrs held
Massat Walter G Trust
since 2009
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 Posen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Posen 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
$1,332
Tax year 2022
Assessed value
$3,202
Assessed 2022
Previous assessed
$3,202
+0.0% YoY
Effective rate
41.60%
On assessed value
Assessed land
$3,192
Assessed improvement
$10
Land market value
$12,768
Improvement market value
$40
Total market value
$12,808
Applied tax rate
13,144.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Heating
NONE
Lot
0.07 ac (3,192 SF)
APN
28-01-404-018
UPID
US28-2083094
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
1968
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Massat Walter G Trust
Trust
Mailing address
14040 S HARRISON AVE, POSEN, IL 60469-1023
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Apr 29, 2009
—
Massat Walter G Trust
—
Trustees Deed
related
$40,000 · Inbank
—
—
Walter Massat
—
Deed Of Trust
related
$33,328 · Interstate Bank
—
—
Walter Massat
—
Deed Of Trust
related
$180,000 · Interstate Bank
—
—
Massat,walter G Trust
—
Loan Modification
related
$175,124 · Mb Fin'l Bk
—
—
Massat,walter G Trust
—
Loan Modification
related
$187,487 · Mb Financial Bank NA
—
—
Massat Walter G Trust
—
Deed Of Trust
related
$195,911 · Mb Financial Bank NA
—
—
Walter C Massat
—
Deed Of Trust
related
$11,301 · Interstate Bank
—
—
Walter G Massat
—
Deed Of Trust
related
$120,000 · Interstate Bank
—
—
Walter C Massat
—
Deed Of Trust
related
$10,000 · Interstate Bank
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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