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Property profile & analytics
OFF-MARKET
Retail space
214 22nd St, Chicago Heights, IL 60411-4229
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-2526216
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Lot
0.07 ac (2,871 SF)
APN
32-28-108-001
UPID
US28-2526216
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
Daniels And Mayo Living Trust
Daniels And Mayo Living Trust
since 2025
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 Chicago Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago Heights 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
$21,690
Tax year 2022
Assessed value
$34,317
Assessed 2022
Previous assessed
$34,317
+0.0% YoY
Effective rate
63.20%
On assessed value
Assessed land
$4,306
Assessed improvement
$30,011
Land market value
$17,224
Improvement market value
$120,044
Total market value
$137,268
Applied tax rate
12,028.0000
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
1931
Heating
NONE
Stories
1
Lot
0.07 ac (2,871 SF)
APN
32-28-108-001
UPID
US28-2526216
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
1931
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Daniels And Mayo Living Trust
Trust
Mailing address
1601 CHICAGO RD, CHICAGO HEIGHTS, IL 60411-3447
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Daniels And Mayo Living Trust
City Of Chicago Heights
Quitclaim Deed
related
—
Sep 26, 2024
—
City Of Chicago Heights
Joseph Minotti
Warranty Deed
—
Sep 26, 2018
—
Joseph Minotti
Rref II Bhb-il Mii LLC
Quit Claim Deed
related
—
Jun 14, 2016
—
Rref II Bhb-il Mii LLC
Sheriff Of Cook County|brandis Banquets INC
Trustees Deed
related
—
Dec 1, 2006
—
Laura Cervantes
—
Trustees Deed
related
$955,000 · Mount Prospect National Bank
Feb 22, 2005
—
Laura M Perez
—
Trustees Deed
related
$100,000 · Home State Bank
—
—
Laura Perez
—
Deed Of Trust
related
$100,000 · Dearborn Wholesale Grocers LP
—
—
Laura Cervantes
—
Deed Of Trust
related
$1,177,165 · Mount Prospect National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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