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Property profile & analytics
OFF-MARKET
Estimated value
$2,965,000
Industrial properties
19600 97th Ave Mokena, IL 60448-9388
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1069892
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
STEEL FRAME
Total area
45,668 SF
Lot
2.11 ac (91,912 SF)
APN
19-09-09-401-014
UPID
US28-1069892
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
$2.97M
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$2.97M
Owner & transaction history
19600 S 97th Avenue LLC · 3 yrs held
19600 S 97th Avenue LLC
since 2022
Last sale
$3.0M
5 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 Mokena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mokena 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
$3,175,000
ML approach
$2,965,000
CAP Approach
CAP Return
Estimation
6%
$3,275,000
6.5%
$3,025,000
7%
$2,810,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,365,000
Current use
Blend value · Realmo final
$2.97M
Range $2.67M – $3.26M · ±10% · vs last sale $2.95M (Aug 15 2022)
Last sale anchor
$2.95M
Aug 15 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
$65 / 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
$43,597
Tax year 2023
Assessed value
$537,778
Assessed 2023
Previous assessed
$537,778
+0.0% YoY
Effective rate
8.11%
On assessed value
Assessed land
$111,673
Assessed improvement
$426,105
Land market value
$335,019
Improvement market value
$1,278,315
Total market value
$1,613,334
Applied tax rate
1,910.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
45,668 SF
Lot
2.11 ac (91,912 SF)
APN
19-09-09-401-014
UPID
US28-1069892
Jurisdiction
WILL
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
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
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
19600 S 97th Avenue LLC
Entity
Mailing address
13808 LEGEND TRL LN, ORLAND PARK, IL 60462-1103
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
$2,950,000
19600 S 97th Avenue LLC
Chicago Title Land Trust Company
Deed
$1,475,000 · Union National Bank
Jan 18, 2008
—
Trust 90127
—
Trustees Deed
related
$100,000 · Royal Savings Bank
—
—
Trust 90127
—
Loan Modification
related
$1,463,695 · Royal Savings Bank
—
—
Great Lakes Trust Co Trustee
—
Deed Of Trust
related
$1,360,000 · Great Lakes Bank
—
—
Trust 90127
—
Deed Of Trust
related
$2,000,000 · Royal Savings Bank
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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