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Property profile & analytics
FOR LEASE
Retail space
20000 Governors Dr, Olympia Fields, IL 60461
Entity Owned
12-yr Hold
Free & Clear
Property ID
US28-2658009
For Lease
1 / 2
$11 SF/Yr
20000 Governors Dr, Olympia Fields, IL 60461
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1983
Lot
2.12 ac (92,347 SF)
APN
31-14-200-025
UPID
US28-2658009
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
-
Sole 2 Sole, PC Physician
-
Samuel S. Park MD Physician
-
Eveleigh Williams, DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Governors Sai LLC · 12 yrs held
Governors Sai LLC
since 2013
6 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 Olympia Fields submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olympia Fields 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$291,585
Tax year 2022
Assessed value
$513,419
Assessed 2022
Previous assessed
$513,419
+0.0% YoY
Effective rate
56.79%
On assessed value
Assessed land
$138,829
Assessed improvement
$374,590
Land market value
$555,316
Improvement market value
$1,498,360
Total market value
$2,053,676
Applied tax rate
32,205.0000
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
For Lease
Year built
1983
Heating
NONE
Lot
2.12 ac (92,347 SF)
APN
31-14-200-025
UPID
US28-2658009
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
1983
Heating
NONE
Lot
2.12 ac
Current owner
From public records · entity-resolved
Governors Sai LLC
Entity
Free & Clear · 12 yrs held
Mailing address
31 BAKER LN, NAPERVILLE, IL 60565-4313
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2013
—
Governors Sai LLC
Wells Fargo Bk 2001-cf2
Grant Deed
related
—
Apr 23, 2012
—
Wells Fargo Bank NA 2001-cf2
Judicial Sales Corp
Trustees Deed
related
—
Jul 26, 2001
$569,500
Aegis Olympia Fields LLC
Governors Office Park LLC
Grant Deed
—
—
—
Governors Office Park LLC
—
Deed Of Trust
related
$5,050,000 · Column Financial INC
—
—
Governors Office Park 2005 LLC
—
Deed Of Trust
related
$100,000 · James J Roach
—
—
Governors Office Park 2005 LLC
—
Deed Of Trust
related
$20,000 · Adamitis Carol Y 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?”
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