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Property profile & analytics
OFF-MARKET
Estimated value
$385,000
Community centers
1986 Tower Dr Glenview, IL 60026-7801
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-5778774
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2000
Lot
0.19 ac (8,276 SF)
APN
04-27-103-019
UPID
US28-5778774
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
-
Steven Bloch, MD Physician Medical Clinic
-
Best Permanent Makeup by Jeffery Lyle Segal Medical Clinic Skin Care Clinic
-
Skin Deep Medical Spa Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$385k
Owner & transaction history
T Glenview Center Il LLC · 12 yrs held
T Glenview Center Il LLC
since 2014
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 Glenview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenview 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
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$385k
Range $347k – $424k · ±10%
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
$47,863
Tax year 2022
Assessed value
$222,517
Assessed 2022
Previous assessed
$302,338
-26.4% YoY
Effective rate
21.51%
On assessed value
Assessed land
$20,690
Assessed improvement
$201,827
Land market value
$82,760
Improvement market value
$807,308
Total market value
$890,068
Applied tax rate
25,038.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2000
Heating
NONE
Lot
0.19 ac (8,276 SF)
APN
04-27-103-019
UPID
US28-5778774
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
2000
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
T Glenview Center Il LLC
Entity
Mailing address
16600 DALLAS PKWY STE #300, DALLAS, TX 75248-2610
Ownership since
2014
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
Apr 4, 2017
—
T Glenview Center Il LLC
—
Grant Deed
related
$35,500,000 · Citibank
May 19, 2014
—
T Glenview Center Il LLC
Us Bank NA Series 2006-2
Trustees Deed
related
$21,440,000 · Goldman Sachs Bk USA
Sep 27, 2013
—
Us Bank NA Series 2006-2 Tr
Intercounty Judicial Sales Cor
Grant Deed
related
—
Sep 20, 2007
—
Turrick Sandra L Trust
Turrick,gregory A & Sandra L
Quit Claim Deed
related
—
Dec 2, 2004
—
Oliver Mcmillan Glenview Retai
Oliver Mcmillan Glenview LLC
Quit Claim Deed
related
—
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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