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Property profile & analytics
OFF-MARKET
Parking lots & garages
1542 Nn Ave, River Forest, IL 60305
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-0963469
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1957
Lot
0.01 ac (450 SF)
APN
15-01-104-040
UPID
US28-0963469
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
Debbie Cortez · 6 yrs held
Debbie Cortez
since 2019
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 River Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs River 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
$373
Tax year 2022
Assessed value
$1,155
Assessed 2022
Previous assessed
$1,155
+0.0% YoY
Effective rate
32.29%
On assessed value
Assessed land
$990
Assessed improvement
$165
Land market value
$9,900
Improvement market value
$1,650
Total market value
$11,550
Applied tax rate
33,012.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1957
Heating
NONE
Lot
0.01 ac (450 SF)
APN
15-01-104-040
UPID
US28-0963469
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
1957
Heating
NONE
Lot
0.01 ac
Current owner
From public records · entity-resolved
Debbie Cortez
Individual
Mailing address
1540 FRANKLIN AVE APT B, RIVER FOREST, IL 60305-1059
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2019
$194,500
Debbie Cortez
Bradley Plazer
Warranty Deed
$190,779 · Fairway Independent Mtg
Sep 23, 2014
$173,000
Bradley Pinzer
Boulahanis,nancy J
Grant Deed
$169,670 · American Portfolio Mtg
Mar 16, 2009
—
Nancy J Boulahanis
Trust 99-1-7591
Grant Deed
$192,779 · Rbs Citizens Bank NA
Sep 14, 2001
—
Midwest Bank & Trust Co Ttee
Boulahanis,nancy J
Grant Deed
related
—
Aug 4, 2000
$158,000
Midwest Bank & Trust Co Ttee
Schettino,f Antnonieta
Grant Deed
related
$140,600 · Community Bank Oak Park River
May 28, 1999
$140,000
Antonietta Schettino
Wilson,jean M
Grant Deed
$135,000 · Preferred Mortgage Services
—
—
Bradley Pinzer
—
Deed Of Trust
related
$169,440 · Pacific Union Fin'l
—
—
Nancy J Boulahanis
—
Deed Of Trust
related
$140,000 · Pillar Financial Corp
—
—
Midwest Bank & Trust Co Ttee
—
Deed Of Trust
related
$32,300 · Charter One Bank Fsb
—
—
Midwest Bank & Trust Co Ttee
—
Deed Of Trust
related
$139,300 · Charter One Bank
—
—
Midwest Bank & Trust Trustee
—
Deed Of Trust
related
$65,300 · Charter One 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.
Try Rey
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