New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Retail space
16001 108th Ave, Orland Park, IL 60467-8788
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0820243
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Lot
1.76 ac (76,666 SF)
APN
27-20-204-001
UPID
US28-0820243
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
-
Jeffrey Michael Singh DO Physician
-
Century Ear Nose & Throat Physician
-
Muhamad A. Amine M.D. Physician
-
Curtis Walsh M.D. Physician
-
Nirav N Thakkar M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
Century Medical Park Associates LLC · 2 yrs held
Century Medical Park Associates LLC
since 2023
Last sale
$3.0M
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
Method
Estimation
Statistic approach
$2,820,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10% · vs last sale $3.00M (Aug 2 2023)
Last sale anchor
$3.00M
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
$97,358
Tax year 2022
Assessed value
$325,000
Assessed 2022
Previous assessed
$403,637
-19.5% YoY
Effective rate
29.96%
On assessed value
Assessed land
$134,400
Assessed improvement
$190,600
Land market value
$537,600
Improvement market value
$762,400
Total market value
$1,300,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Lot
1.76 ac (76,666 SF)
APN
27-20-204-001
UPID
US28-0820243
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
1996
Heating
NONE
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Century Medical Park Associates LLC
Entity
Mailing address
16001 108TH AVEA, ORLAND PARK, IL 60467-8788
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$3,000,000
Century Medical Park Associates LLC
Linda Bosack
Warranty Deed
$2,550,000 · Old National Bank
Jun 29, 2023
—
Linda Bosack
Rrmm LLC
Limited Warranty Deed
—
Oct 21, 2020
—
Rrmm LLC
Trust Number 16825
Grant Deed
related
—
Sep 26, 2001
—
Standard Bank & Trt Co Ttee
Bosack,linda B
Grant Deed
related
—
Oct 29, 1999
—
Century Medical Partners
Farrell,brian P
Quit Claim Deed
related
—
Oct 21, 1999
—
Century Medical Partners
—
Grant Deed
related
$775,000 · Standard Bank & Trust
May 26, 1998
—
Brian P Farrell
—
Grant Deed
related
$773,525 · First Nat'l Bank Evergreen Par
—
—
Brian P Parrell
—
Deed Of Trust
related
$773,525 · Old Kent Bank
—
—
Century Medical Partners
—
Deed Of Trust
related
$763,100 · Standard Bank & Trust
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 16001 108th Ave?
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.
