Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

16224 Prince Dr South Holland, IL 60473

FOR SALE
Retail space
Property ID
US28-0354489
0.08 ac lot Built 1994
Last sale Oct 2001 · $200,000
Individually Owned Owner of record is an individual. 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Retail/commercial building at 16224 Prince Drive in South Holland, situated along the Route 6 and 162nd Street corridor just off I-94, within an area characterized by established businesses and commuter activity. The property is a two-level structure originally built in 1994, with an open first-floor retail/commercial area, a restroom, and a loft-style upper level that includes two offices and a second restroom. An elevator provides service between the levels. The building is currently…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$31k
Tax billed · 2022
Assessed value$52k
Assessed land$5k
Assessed improvement$47k
Effective rate59.94%

Value estimate

· Oct 2026
$395k
$356k – $435k
AI approach$395k
NOI build-up
Gross scheduled income$66k
Vacancy & credit loss−$16k
Operating expenses−$12k
NOI · 10.20% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
10.20%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Parking Facility11.9
HVAC Service11.1

Location

16224 Prince Dr South Holland, IL 60473
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1006 162nd, South Holland, IL 60473-2560 $3,800,000 Jun 2025 No data
730 162nd, South Holland, IL 60473-2330 $500,000 May 2025 No data
452 454th E 162nd, South Holland, IL 60473 $244,000 Feb 2025 No data
948 162nd, South Holland, IL 60473-2442 $640,000 Oct 2024 No data
15816 Park, South Holland, IL 60473-1505 $120,000 Aug 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again