Property profile

16802 Lathrop Ave Harvey, IL 60426

FOR SALE
Industrial properties
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Property ID
US28-1110822
2.21 ac Built 1973
Last sale Sep 2022·$450,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional industrial property, located at 16802 Lathrop Ave in Harvey, Illinois, 60426, offers a prime opportunity for businesses seeking warehouse space. The property comprises two single-story buildings totaling 38,400 square feet, constructed in 1973, and situated on a generous 2.11 acres of land. Currently, there is 6,100 square feet of vacant space available, divisible into units as small as 3,200 square feet. While the maximum contiguous space available is 3,100 square feet, …

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?
$124k
Tax billed · 2022
Assessed value$135k
Assessed land$72k
Assessed improvement$63k
Effective rate92.06%

Value estimate

· Nov 2026
$455k
$410k – $501k
AI approach$460k
NOI build-up
Gross scheduled income$1.08M
Vacancy & credit loss−$55k
Operating expenses−$307k
NOI · 10.23% cap applied$716k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?
10.23%
$716k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.8
Realty agency13.5
Law Firm11.5

Location

16802 Lathrop Ave Harvey, IL 60426
County assessor Recorded deeds · 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16259 Ctr, Harvey, IL 60426-6053 $425,000 Dec 2025 No data
14411 Wood, Harvey, IL 60426 $600,000 Dec 2025 No data
16151 Clinton, Harvey, IL 60426-5908 $900,000 Nov 2024 No data
270 167th St, Harvey, IL 60426-6012 $1,800,000 Jun 2024 No data
501 151st, Phoenix, IL 60426-2402 $12,711,000 May 2024 No data
16203 Halsted, Harvey, IL 60426-5929 $350,000 May 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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