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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Specialty properties
1698 Bloomingdale Rd, Glendale Heights, IL 60139-2600
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1966935
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1985
Construction
MIXED
Total area
7,666 SF
Lot
1.66 ac (72,310 SF)
Zoning code
C
APN
02-27-319-011
UPID
US28-1966935
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
-
ICNA Relief Chicago Main Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Icna Relief USA Programs · 3 yrs held
Icna Relief USA Programs
since 2022
Last sale
$775,000
3 recorded transactions
Zoning & alternative use
C · Glendale Heights, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+174.6%
Commercial (general)
$900,000
+142.7%
Office building
$860,000
+132.6%
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 Glendale Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale Heights 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
$750,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,015,000
Change: +175% · Conversion: Difficult
COMMERCIAL (GENERAL)
$900,000
Change: +143% · Conversion: Difficult
OFFICE BUILDING
$860,000
Change: +133% · Conversion: Difficult
MEDICAL BUILDING
$815,000
Change: +120% · Conversion: Difficult
RETAIL STORES
$760,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$500,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $775k (Jun 22 2022)
Last sale anchor
$775k
Jun 22 2022
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
$98 / 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
$36,353
Tax year 2023
Assessed value
$373,360
Assessed 2023
Previous assessed
$373,790
-0.1% YoY
Effective rate
9.74%
On assessed value
Assessed land
$156,600
Assessed improvement
$216,760
Land market value
$469,800
Improvement market value
$650,280
Total market value
$1,120,080
Applied tax rate
2,041.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1985
Construction
MIXED
Heating
NONE
Total area
7,666 SF
Lot
1.66 ac (72,310 SF)
Zoning code
C
APN
02-27-319-011
UPID
US28-1966935
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glendale Heights, IL
Zoning C · permitted uses
C · Glendale Heights, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$900,000
OFFICE BUILDING
Est. value
$860,000
MEDICAL BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$500,000
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
MIXED
Heating
NONE
Lot
1.66 ac
Current owner
From public records · entity-resolved
Icna Relief USA Programs
Individual
Free & Clear · 3 yrs held
Mailing address
10101 S ROBERTS RD #100, PALOS HILLS, IL 60465-1689
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
$775,000
Icna Relief USA Programs
Sci Illinois Services LLC
Correction Deed
related
—
Jun 22, 2022
$775,000
Icna Relief USA
Sci Illinois Services LLC
Special Warranty Deed
—
Jan 15, 1998
$900,000
Sci Illinois Services INC
Balodimas,chris
Grant Deed
—
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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