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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Bowling alleys
15001 Dorchester Ave Dolton, IL 60419
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-3245006
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1958
Lot
1.35 ac (58,806 SF)
APN
29-11-401-014
UPID
US28-3245006
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
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
1401 Sibley LLC · 2 yrs held
1401 Sibley LLC
since 2023
Last sale
$630,000
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 Dolton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dolton 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
$675,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $630k (Aug 2 2023)
Last sale anchor
$630k
Aug 2 2023
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
—
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
$95,855
Tax year 2022
Assessed value
$132,408
Assessed 2022
Previous assessed
$205,286
-35.5% YoY
Effective rate
72.39%
On assessed value
Assessed land
$88,111
Assessed improvement
$44,297
Land market value
$352,444
Improvement market value
$177,188
Total market value
$529,632
Applied tax rate
37,034.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1958
Heating
NONE
Lot
1.35 ac (58,806 SF)
APN
29-11-401-014
UPID
US28-3245006
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
1958
Heating
NONE
Lot
1.35 ac
Current owner
From public records · entity-resolved
1401 Sibley LLC
Entity
Mailing address
1401 E SIBLEY BLVD, DOLTON, IL 60419-3072
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$630,000
1401 Sibley LLC
Sibley Boulevard LLC
Warranty Deed
$1,773,750 · Grand Ridge National Bank
Mar 13, 2017
—
Sibley Boulevard LLC
—
Deed
related
$620,000 · Us Bank NA
Jan 31, 2017
—
Sibley Boulevard LLC
—
Grant Deed
related
$100,000,000 · Us Bk
Jul 25, 2007
—
Sibley Boulevard LLC
—
Trustees Deed
related
$850,000 · Fifth Third Bank Chicago
Nov 30, 2005
—
Sibley Boulevard LLC
Petrich,george M
Grant Deed
$498,000 · Fifth Third Bank Chicago
Sep 17, 2004
$50,000
Petrich M George Tr
Twg Funding Xvi LLC
Grant Deed
—
Jul 30, 2004
—
Twg Funding Xvi LLC
Sheriff Of Cook County
Trustees Deed
related
—
—
—
Sibley Boulevard LLC
—
Deed Of Trust
related
$100,000 · Us Bk
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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