New search
Property profile & analytics
OFF-MARKET
Banks
15221 La Grange Rd, Orland Park, IL 60462
Entity Owned
~
Est. High Equity
Property ID
US28-3508664
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2002
Lot
1.27 ac (55,321 SF)
APN
27-15-100-049
UPID
US28-3508664
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
J&r Niki LLC
J&r Niki LLC
since 2025
Last sale
$2.0M
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 Orland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orland Park 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
$78,073
Tax year 2022
Assessed value
$260,625
Assessed 2022
Previous assessed
$260,625
+0.0% YoY
Effective rate
29.96%
On assessed value
Assessed land
$207,738
Assessed improvement
$52,887
Land market value
$830,952
Improvement market value
$211,548
Total market value
$1,042,500
Applied tax rate
28,011.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Lot
1.27 ac (55,321 SF)
APN
27-15-100-049
UPID
US28-3508664
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
2002
Heating
NONE
Lot
1.27 ac
Current owner
From public records · entity-resolved
J&r Niki LLC
Entity
Mailing address
814 COMMERCE DR STE #300, OAK BROOK, IL 60523-8823
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
—
J&r Niki LLC
—
Deed
related
$1,500,000 · Capitol Life Insurance Company
Aug 21, 2025
$2,025,000
J&r Niki LLC
Pmat Orland LLC
Special Warranty Deed
$1,350,000 · American Bank Of Missouri
Mar 6, 2024
$74,600,000
Pmat Orland LLC
Irc Orland Lagrange Rd Outlot LLC
Special Warranty Deed
$54,292,000 · Cibc Bank USA
Dec 28, 2018
—
Irc Orland Park Place LLC
—
Loan Modification
related
$832,242,551 · Wells Fargo Bk
Jun 24, 2016
—
Irc Orland Park Place LLC
—
Deed
related
$1,050,000,000 · Wells Fargo Bk
Sep 20, 2007
—
Orland Park Place Inland IV
1311 LLC
Grant Deed
related
—
Sep 20, 2007
$3,376,333
Orland Park Place Inland IV
Orland III LLC
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15221 La Grange Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
