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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Residential income homes
17 Ogden Ave, Western Springs, IL 60558-1257
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US28-1299690
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,688 SF
Lot
0.27 ac (11,701 SF)
APN
15-32-310-001
UPID
US28-1299690
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Michael C Liss · 1 yrs held
Michael C Liss
since 2025
Last sale
$835,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+158.5%
Neighborhood: shopping center
$590,000
+32.0%
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 Western Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Western Springs 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
$835,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,155,000
Change: +159% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $835k (Sep 20 2024)
Last sale anchor
$835k
Sep 20 2024
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
$311 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,832
Tax year 2022
Assessed value
$49,426
Assessed 2022
Previous assessed
$49,426
+0.0% YoY
Effective rate
25.96%
On assessed value
Assessed land
$10,530
Assessed improvement
$38,896
Land market value
$105,300
Improvement market value
$388,960
Total market value
$494,260
Applied tax rate
31,045.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
2
Bathrooms
4
Total area
2,688 SF
Lot
0.27 ac (11,701 SF)
APN
15-32-310-001
UPID
US28-1299690
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
4
Lot
0.27 ac
Current owner
From public records · entity-resolved
Michael C Liss
Individual
Mailing address
4801 IS POND CT UNIT #1201, BONITA SPRINGS, FL 34134-0797
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$960,000
Michael C Liss
Field Park Place LLC
Special Warranty Deed
—
Jan 6, 2025
$989,000
Mark Stephens
Field Park Place LLC
Special Warranty Deed
—
Nov 5, 2024
$1,147,500
Dominic Dunlap
Field Park Place LLC
Special Warranty Deed
$800,250 · Wintrust Mortgage
Sep 20, 2024
$835,000
Gintare Thaus
Field Park Place LLC
Special Warranty Deed
—
Aug 28, 2024
$735,000
Nitesh A Patel
Field Park Place LLC
Special Warranty Deed
$588,000 · Guaranteed Rate INC
Mar 27, 2023
—
Field Park Place LLC
Real Estate Development LLC
Warranty Deed
$5,984,000 · First National Bank Of Brookfield
Oct 7, 2021
$300,000
Tower Real Estate Development LLC
Buzzelli Investments LLC
Warranty Deed
$300,000 · Mot Ogden LLC
Apr 16, 2020
—
Buzzelli Investments LLC
—
Deed
related
$12,126 · Cohen Dovitz Makowka LLC
Mar 27, 2020
—
Buzzelli Investments LLC
Henry Judicial Corp|tereszczenko
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 18, 2019
—
Mike & Henry LLC
—
Deed
related
$29,964 · Richard A Reck
Mar 14, 2016
—
Mike & Henrys LLC
Tereszczenko,henry SR
Grant Deed
related
—
Dec 24, 2012
—
Mike & Henrys LLC
Tereszczenko,henry SR
Warranty Deed
related
—
Nov 27, 2012
—
Henry Teresczenko
Tereszczenko,mary
Quit Claim Deed
related
—
—
—
Mike & Henry LLC
—
Deed Of Trust
related
$29,964 · Richard A Reck
—
—
Mike & Henrys LLC
—
Deed Of Trust
related
$200,000 · Michael Buzzelli
—
—
Buzzelli Investments LLC
—
Deed Of Trust
related
$12,126 · Cohen Dovitz Makowka LLC
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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