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Property profile & analytics
FOR SALE
Residential income homes
15242 Chicago Rd, Dolton, IL 60419
Individually Owned
4-yr Hold
Property ID
US28-2740094
For Sale
1 / 18
$303,750
15242 Chicago Rd, Dolton, IL 60419
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1970
Construction
FRAME
Total area
3,631 SF
Lot
0.14 ac (6,210 SF)
APN
29-10-310-027
UPID
US28-2740094
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
Rajesh Konda · 4 yrs held
Rajesh Konda
since 2022
Last sale
$315,000
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
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
$11,263
Tax year 2022
Assessed value
$16,700
Assessed 2022
Previous assessed
$16,700
+0.0% YoY
Effective rate
67.44%
On assessed value
Assessed land
$2,328
Assessed improvement
$14,372
Land market value
$23,280
Improvement market value
$143,720
Total market value
$167,000
Applied tax rate
37,037.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Year built
1970
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
3
Bathrooms
3
Total area
3,631 SF
Lot
0.14 ac (6,210 SF)
APN
29-10-310-027
UPID
US28-2740094
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
1970
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Rajesh Konda
Individual
Mailing address
15242 MARTIN LUTHER KING JR DR, DOLTON, IL 60419-2541
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 12, 2022
$315,000
Rajesh Konda
Cab Properties LLC
Warranty Deed
$236,250 · Security National Mortgage Co
Mar 10, 2020
—
Cab Properties LLC Series 9
Get Cashflow Today INC
Quit Claim Deed
related
—
Jul 11, 2017
$44,000
Get Cashflow Today INC
The Secretary Of Veterans Affairs
Special Warranty Deed
$32,999 · Lincolnway Community Bank
Oct 19, 2015
—
Secretary Of Veterans Affairs
Judicial Sales Corp
Grant Deed
related
—
Oct 26, 2012
$115,000
Anthony L Booker
Chenise Whitehead
Warranty Deed
$117,472 · Security National Mortgage Co
Jan 26, 2006
$310,000
Chenise Whitehead
Charles R Paxton JR
Warranty Deed
$248,000 · First Guaranty Mortgage Corp
—
—
Cahrles Paxton
—
Deed Of Trust
related
$26,217 · Shorebank
—
—
Get Cashflow Today INC
—
Loan Modification
related
$90,000 · Lincolnway Cmnty Bk
—
—
Charles R Paxton
—
Deed Of Trust
related
$30,000 · Shorebank
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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