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Property profile & analytics
OFF-MARKET
Retail space
22198 Governors Hwy, Richton Park, IL 60471-1250
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-0869328
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Lot
0.42 ac (18,426 SF)
APN
31-27-401-021
UPID
US28-0869328
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
-
Richton Park Chicken Inc Restaurant
-
Popeyes Louisiana Kitchen Restaurant
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
Kj Investors Group INC · 11 yrs held
Kj Investors Group INC
since 2014
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 Richton Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richton Park 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
$54,930
Tax year 2022
Assessed value
$96,289
Assessed 2022
Previous assessed
$96,289
+0.0% YoY
Effective rate
57.05%
On assessed value
Assessed land
$27,639
Assessed improvement
$68,650
Land market value
$110,556
Improvement market value
$274,600
Total market value
$385,156
Applied tax rate
32,165.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2000
Heating
NONE
Stories
1
Lot
0.42 ac (18,426 SF)
APN
31-27-401-021
UPID
US28-0869328
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
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Kj Investors Group INC
Entity
Mailing address
22198 GOVERNORS HWY, RICHTON PARK, IL 60471-1250
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
K J Investors Group
—
Deed
related
$250,000 · Peoples Bk
Nov 16, 2017
—
Kj Investors Group INC
—
Grant Deed
related
$2,600,000 · Peoples Bk
Aug 29, 2017
—
Kj Investors Group INC
—
Grant Deed
related
$2,200,000 · Peoples Bk
Apr 25, 2017
—
Kj Investors Group INC
—
Deed
related
$892,500 · Peoples Bk
Dec 10, 2014
$1,530,000
Kj Investors Group INC
Richton Park Property & Manage
Trustees Deed
related
$1,224,000 · Peoples Bk
Apr 7, 2008
$1,150,000
Richton Park Prop & Mgmt LLC
Chicago Title Land Trust Co
Grant Deed
$1,720,000 · Shorebank
Aug 12, 2003
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$1,859,000 · Shorebank
Mar 8, 2001
$440,000
Old Kent Bank
Jen,marilyn & Kenneth
Grant Deed
related
$800,000 · Shorebank
—
—
K J Investors Group
—
Deed Of Trust
related
$250,000 · Peoples Bk
—
—
Richton Park Prop & Mgmt LLC
—
Deed Of Trust
related
$100,000 · Shorebank
—
—
Richton Park Prop & Mgmt LLC
—
Deed Of Trust
related
$100,000 · Shorebank
—
—
Kj Investors Group INC
—
Deed Of Trust
related
$892,500 · Peoples Bk
—
—
Richton Property & Mgmt LLC
—
Deed Of Trust
related
$150,000 · Benjamin Laster
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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