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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Office Spaces
15700 103rd St Lemont, IL 60439-9610
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5788681
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1986
Total area
26,180 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I
APN
10-08-304-005
UPID
US28-5788681
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
-
Web Foot Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
GSM Transport Co Trucking Company
-
Bicky Sarkaria: Allstate Insurance Insurance Agency
-
Cartan Tours Travel Agency
-
Robot Nose Corporation Corporate Office Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$3.87M
Owner & transaction history
Tmg Properties LLC · 7 yrs held
Tmg Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
I · Lemont, IL
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 Lemont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lemont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10%
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
$148 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$50,881
Tax year 2023
Assessed value
$735,750
Assessed 2023
Previous assessed
$681,250
+8.0% YoY
Effective rate
6.92%
On assessed value
Assessed land
$146,110
Assessed improvement
$589,640
Land market value
$438,330
Improvement market value
$1,768,920
Total market value
$2,207,250
Applied tax rate
9,352.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Stories
2
Total area
26,180 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I
APN
10-08-304-005
UPID
US28-5788681
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Lemont, IL
Zoning I · permitted uses
I · Lemont, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lemont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
2
Lot
3.01 ac
Current owner
From public records · entity-resolved
Tmg Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2265 CARLSON DR, NORTHBROOK, IL 60062-6705
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
$1,810,000
Tmg Properties LLC
Lemont Property Holdings LLC
Grant Deed
—
Apr 3, 2006
—
Bedford Park Associates LLC
Bedford Park Associates LLC
Quit Claim Deed
related
—
Apr 3, 2006
$2,228,500
Lemont Property Holdings LLC
Bedford Park Associates LLC
Special Warranty Deed
$2,480,000 · First Community Bank Of Joliet
Oct 12, 2005
$1,115,000
Bedford Park Associates LLC
Lemont Real Estate LLC
Grant Deed
—
—
—
Lemont Property Holdings LLC
—
Deed Of Trust
related
$1,137,500 · First Bk&tr/il
—
—
Lemont Property Holdings LLC
—
Loan Modification
related
$921,815 · First Bk&tr Co Of Illinois
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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