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Property profile & analytics
OFF-MARKET
Commercial real estate
15000 Cicero Ave Oak Forest, IL 60452-1444
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US28-0684110
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Lot
0.62 ac (26,907 SF)
APN
28-09-404-020
UPID
US28-0684110
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
-
Barrister Title Title Company
-
Rima Odeh, Real Estate Agent Real Estate Agency
-
Bud Sherman Jr - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
KW Credit Solutions Inc. Financial Advisor
-
A & V Homecare Services, Inc. Home Health Care Service Disability Services And Support Organization
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
B T Property Group LLC · 21 yrs held
B T Property Group LLC
since 2004
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 Oak Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Forest 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
$23,586
Tax year 2022
Assessed value
$56,175
Assessed 2022
Previous assessed
$56,175
+0.0% YoY
Effective rate
41.99%
On assessed value
Assessed land
$53,814
Assessed improvement
$2,361
Land market value
$215,256
Improvement market value
$9,444
Total market value
$224,700
Applied tax rate
13,067.0000
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
Off-Market
Year built
1991
Heating
NONE
Lot
0.62 ac (26,907 SF)
APN
28-09-404-020
UPID
US28-0684110
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
1991
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
B T Property Group LLC
Entity
Mailing address
15000 CICERO AVE STE #100, OAK FOREST, IL 60452-1480
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Mar 21, 2022
—
Bt Property Group LLC
—
Deed
related
$1,800,000 · The American Commercial Bank & Trust
Oct 15, 2004
—
B T Property Group LLC
Trust 01-2338
Grant Deed
$2,100,000 · Austin Bank Chicago
Sep 21, 2001
—
State Bank Of Countryside Ttee
National Bank Of Commerce Ttee
Grant Deed
related
$1,680,000 · State Bank Of Countryside
Jan 18, 2001
$2,100,000
National Bank Of Commerce Ttee
First Midwest Trust Co NA Ttee
Quit Claim Deed
related
$1,680,000 · National Bank Commerce Tr & Sa
—
—
First Midwest Trust Co Trustee
—
Deed Of Trust
related
$2,830,000 · Suburban Bank & Trust Co
—
—
First Midwest Trust Co NA Ttee
—
Deed Of Trust
related
$500,000 · Suburban Bank & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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