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Property profile & analytics
OFF-MARKET
Commercial land
20990 La Grange Rd, Frankfort, IL 60423-1389
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US28-5703285
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.46 ac (20,038 SF)
APN
19-09-21-206-039
UPID
US28-5703285
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David A Susay · 9 yrs held
David A Susay
since 2016
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 Frankfort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frankfort 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,225
Tax year 2023
Assessed value
$50,000
Assessed 2023
Previous assessed
$50,000
+0.0% YoY
Effective rate
8.45%
On assessed value
Assessed land
$50,000
Land market value
$150,000
Total market value
$150,000
Applied tax rate
1,906.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.46 ac (20,038 SF)
APN
19-09-21-206-039
UPID
US28-5703285
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
Building & site characteristics
From public records
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
David A Susay
Individual
Mailing address
PO BOX 573, MOKENA, IL 60448-0573
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2016
—
David A Susay
Nancy L Mayher
Intrafamily Transfer
related
$2,300,000 · American Community Bank Of Indiana
Jul 16, 2014
$150,000
Nkk LLC
Stratton,alan
Warranty Deed
—
Oct 1, 2013
$69,900
Alan Stratton
Dearborn Street Holdings LLC-s
Grant Deed
—
Aug 9, 2012
—
Dearborn Street Holdings LLC-s
Sheriff Of Will County
Trustees Deed
related
—
Sep 16, 2011
$67,200
NA Harris
Sheriff Of Will County
Trustees Deed
related
—
Dec 23, 2005
$189,900
5m Investment Group LLC
Mcerney William J Trust
Warranty Deed
$141,750 · George Washington Savings Bank
Feb 3, 1998
—
William J Mcenery Ttee
—
Deed Of Trust
related
$8,989,000 · Bank One Illinois NA
Oct 20, 1997
—
State Of Il Dept Of Transporta
Mcenery Trust
Grant Deed
related
—
—
—
Mcenery William J Trust
—
Deed Of Trust
related
$13,000,000 · Standard Bank & Trust
—
—
5m Investment Group LLC
—
Deed Of Trust
related
$31,995 · George Washington Savings Bank
—
—
5m Investment Group LLC
—
Deed Of Trust
related
$303,750 · Amcore 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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