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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Retail space
17475 Jovanna Dr, Homewood, IL 60430-1020
Individually Owned
3-yr Hold
Free & Clear
Property ID
US28-0938446
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1994
Lot
2.98 ac (129,809 SF)
APN
28-25-401-022
UPID
US28-0938446
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
-
Help at Home Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
Southland Works · 3 yrs held
Southland Works
since 2023
Last sale
$1.0M
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 Homewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homewood 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
$1,085,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.02M (Apr 26 2023)
Last sale anchor
$1.02M
Apr 26 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
$214,669
Tax year 2022
Assessed value
$279,391
Assessed 2022
Previous assessed
$716,205
-61.0% YoY
Effective rate
76.83%
On assessed value
Assessed land
$129,791
Assessed improvement
$149,600
Land market value
$519,164
Improvement market value
$598,400
Total market value
$1,117,564
Applied tax rate
13,049.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1994
Heating
NONE
Lot
2.98 ac (129,809 SF)
APN
28-25-401-022
UPID
US28-0938446
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
1994
Heating
NONE
Lot
2.98 ac
Current owner
From public records · entity-resolved
Southland Works
Individual
Free & Clear · 3 yrs held
Mailing address
6127 S UNIVERSITY AVE #5, CHICAGO, IL 60637-5894
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
41 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
$1,015,500
Southland Works
Flosscom Palmer Lake LLC
Warranty Deed
—
Sep 28, 2022
$866,500
Flosscom Palmer Lake LLC
Sun Hw 41 LLC
Warranty Deed
—
Nov 27, 2013
$20,000
Sun Hw 41 LLC
Sun Hw 44 LLC
Grant Deed
related
—
Nov 27, 2013
$45,500
Sun Hw 41 LLC
Sun Hw 27 LLC
Grant Deed
related
—
Nov 27, 2013
$19,500
Sun Hw 41 LLC
Sun Hw 54 LLC
Grant Deed
related
—
Nov 27, 2013
$100,500
Sun Hw 41 LLC
Sun Hw 19 LLC
Grant Deed
related
—
Nov 27, 2013
$26,500
Sun Hw 41 LLC
Sun Hw 43 LLC
Grant Deed
related
—
Nov 27, 2013
$20,500
Sun Hw 41 LLC
Sun Hw 21 LLC
Grant Deed
related
—
Nov 27, 2013
$21,000
Sun Hw 41 LLC
Sun Hw 36 LLC
Grant Deed
related
—
Nov 27, 2013
$70,000
Sun Hw 41 LLC
Sun Hw 53 LLC
Grant Deed
related
—
Nov 27, 2013
$10,000
Sun Hw 41 LLC
Sun Hw 55 LLC
Grant Deed
related
—
Nov 27, 2013
$40,000
Sun Hw 41 LLC
Sun Hw 42 LLC
Grant Deed
related
—
Nov 27, 2013
$26,000
Sun Hw 41 LLC
Sun Hw 48 LLC
Grant Deed
related
—
Nov 27, 2013
$4,000
Sun Hw 41 LLC
Sun Homewood LLC
Grant Deed
related
—
Nov 27, 2013
$67,000
Sun Hw 41 LLC
Sun Hw 28 LLC
Grant Deed
related
—
Nov 27, 2013
$22,000
Sun Hw 41 LLC
Sun Hw 49 LLC
Grant Deed
related
—
Oct 29, 2007
$39,000
Israel J Barreto
Sun Homewood LLC
Grant Deed
—
Oct 29, 2007
—
Sun Hw 58 LLC
Barreto,israel J & Patricia D
Grant Deed
related
—
Aug 28, 2007
$96,000
148 Clinton St LLC
Sun Homewood LLC
Grant Deed
—
Aug 28, 2007
$100,000
Raymond J Glasser
Sun Homewood LLC
Grant Deed
—
Aug 28, 2007
$350,000
Nemesio Cabral
Sun Homewood LLC
Grant Deed
—
Aug 28, 2007
$500,000
Schwenk R J & M E Living Trust
Sun Homewood LLC
Grant Deed
—
Aug 28, 2007
—
Sun Hw 19 LLC
Schwenk R J & M E Living Trust
Grant Deed
related
—
Jul 23, 2007
$50,000
Lipsett Nancy Living Trust
Sun Homewood LLC
Grant Deed
—
Jul 23, 2007
—
Sun Hw 55 LLC
Lipsett N Living Trust
Grant Deed
related
—
Jul 6, 2007
$296,500
Israel J Barreto
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$104,000
Larry L Simmons
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$800,000
Fred Gellert JR.
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$132,500
Rymer R J & B L Family Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$101,000
Impson Family Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$109,500
Tringali Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$200,000
Paul Vandriessche
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$227,000
Kimmick Family Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$130,000
Graham Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$100,000
Stratman V L & M E 2001 Trust
Sun Homewood LLC
Grant Deed
—
Jul 6, 2007
$2,400,500
Sun Hw 48 LLC
Graham Trust
Grant Deed
—
Jul 6, 2007
—
Sun Hw 42 LLC
Wilson,larry D
Grant Deed
related
—
Jun 21, 2007
$6,600,000
Sun Homewood LLC
Palmer Lake Venture INC
Grant Deed
$4,290,000 · Flagstar Bank Fsb
Jun 1, 2007
—
Palmer Lake Venture INC
Trust 8333
Grant Deed
related
—
Jun 24, 2004
—
Palmer Lake Venture INC
—
Deed Of Trust
related
$16,846,000 · New Century Bank
Sep 20, 1999
—
Palmer Lake Venture INC
First United Bank Ttee
Grant Deed
$3,150,000 · Covest Banc NA
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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