Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail space
17500 Carriageway Dr Hazel Crest, IL 60429-2057
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1218091
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
4,712 SF
Lot
1.94 ac (84,506 SF)
APN
28-36-100-016
UPID
US28-1218091
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
-
Artistic Family Dental of Hazel Crest Dental Office
-
Melroz Dental Dental Office
-
STW Healthcare Home Health Care Service
-
Picture Perfect Photography Photography Service (Bike/Boat/Book/etc) Store
-
Dr. Esam Jumani Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.02M
Owner & transaction history
Crest Courts Executive Suites LLC · 4 yrs held
Crest Courts Executive Suites LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+47.1%
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 Hazel Crest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hazel Crest 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
$905,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
RETAIL STORES
$705,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,035,000
Change: +47% · Conversion: Moderate
OFFICE BUILDING
$630,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.15M (Feb 7 2022)
Last sale anchor
$1.15M
Feb 7 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
$216 / 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
$211,066
Tax year 2022
Assessed value
$287,500
Assessed 2022
Previous assessed
$287,500
+0.0% YoY
Effective rate
73.41%
On assessed value
Assessed land
$97,872
Assessed improvement
$189,628
Land market value
$391,488
Improvement market value
$758,512
Total market value
$1,150,000
Applied tax rate
13,050.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
4,712 SF
Lot
1.94 ac (84,506 SF)
APN
28-36-100-016
UPID
US28-1218091
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
RETAIL STORES Current
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
OFFICE BUILDING
Est. value
$630,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1978
Heating
NONE
Stories
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Crest Courts Executive Suites LLC
Entity
Mailing address
17500 E CARRIAGEWAY DR, HAZEL CREST, IL 60429-2057
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Crest Courts Executive Suites LLC
—
Deed
related
$1,181,250 · Silver Hill Financial LLC
Feb 7, 2022
$1,150,000
Crest Courts Executive Suites LLC
Schaumburg Executive Suites LLC
Warranty Deed
$862,500 · Silver Hill Financial LLC
May 21, 2020
—
Schaumburg Executive Suites Ll
—
Deed
related
$650,319 · Us Bk
Mar 18, 2020
—
Schaumburg Executive Suites Ll
—
Deed
related
$860,000 · Devon Bk
Jul 30, 2018
—
Schaumburg Executive Suites Ll
—
Deed
related
$767,000 · Us Bk
Sep 7, 2016
—
Schaumburg Executive Suites Ll
—
Deed
related
$150,000 · Us Bk
Jul 13, 2011
—
Suites Ll Schaumburg Executive
Nshe Stockton LLC
Quit Claim Deed
related
—
Apr 26, 2011
$1,247,000
Nshe Stockton LLC
Mercury Partners 45 Cc INC
Warranty Deed
$970,000 · Cornerstone Nat'l Bank & Trust
Apr 14, 2011
—
Mercury Partners 45 Cc INC
Palos Partners II
Quit Claim Deed
related
—
—
—
Schaumburg Executive Suites Ll
—
Deed Of Trust
related
$860,000 · Devon Bk
—
—
Schaumburg Executives Suites L
—
Deed Of Trust
related
$230,000 · Devon Bk
—
—
Schaumburg Executive Suites Ll
—
Loan Modification
related
$650,319 · Us Bk
—
—
Schaumburg Executive Suites Ll
—
Deed Of Trust
related
$850,000 · Us Bk
—
—
Suites Ll Schaumburg Executive
—
Loan Modification
related
$83,000 · Us Bank NA
—
—
Schaumburg Executive Suites Ll
—
Loan Modification
related
$850,000 · Us Bk
—
—
Schaumburg Executive Suites Ll
—
Loan Modification
related
$150,000 · Us Bk
—
—
Schaumburg Executive Suites Ll
—
Loan Modification
related
$767,000 · Us Bk
—
—
Suites Ll Schaumburg Executive
—
Deed Of Trust
related
$150,000 · Cornerstone Nat'l Bank & Trust
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.
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?”
You own 17500 Carriageway Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
