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Property profile & analytics
OFF-MARKET
Retail space
22230 Governors Hwy, Richton Park, IL 60471-1252
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0636597
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Lot
0.66 ac (28,960 SF)
APN
31-27-401-018
UPID
US28-0636597
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
-
ATM Atm
-
Platinum Smokes Hookah & Cigar Lounge Bar & Pub (Bike/Boat/Book/etc) Store
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
Igc Investments INC · 1 yrs held
Igc Investments INC
since 2024
Last sale
$215,000
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
$31,226
Tax year 2022
Assessed value
$54,737
Assessed 2022
Previous assessed
$54,736
+0.0% YoY
Effective rate
57.05%
On assessed value
Assessed land
$43,440
Assessed improvement
$11,297
Land market value
$173,760
Improvement market value
$45,188
Total market value
$218,948
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
1977
Heating
NONE
Stories
1
Lot
0.66 ac (28,960 SF)
APN
31-27-401-018
UPID
US28-0636597
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
1977
Heating
NONE
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Igc Investments INC
Entity
Mailing address
18300 GREENLEAF CT, TINLEY PARK, IL 60487-2176
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Igc Investments INC
M & S Consent INC
Quit Claim Deed
related
—
Nov 17, 2020
$215,000
M & S Consent INC
Heritage Richton LLC
Grant Deed
—
Nov 6, 2020
—
Musa Tadros Family LP II
—
Deed
related
$1,738,207 · Republic Bk/chicago
Mar 11, 2020
—
Musa Tadros Family LP II
—
Deed
related
$1,738,207 · Republic Bk/chicago
Sep 5, 2019
—
Musa Tadros Family LP II
—
Deed
related
$1,738,207 · Republic Bk/chicago
Aug 23, 2018
—
Musa Taros Family LP II
—
Deed
related
$1,738,207 · Republic Bk/chicago
May 18, 2015
$1,700,000
Heritage Richton LLC
Yee,phillips
Grant Deed
related
—
Jan 30, 2015
$725,000
Jc123 Holdings LLC
Musa Tadros Family Ltd Ptshp
Warranty Deed
related
—
Jun 11, 2014
$2,500,000
Tadros Musa Family LP II
Trust R-1021
Grant Deed
$2,000,000 · Republic Bk/chicago
Dec 21, 2007
—
Trust 106768-07
—
Trustees Deed
related
$2,251,021 · Republic Bank Chicago
—
—
Musa Tadros Family LP II
—
Loan Modification
related
$1,738,207 · Republic Bk/chicago
—
—
Musa Tadros Family LP II
—
Loan Modification
related
$1,738,207 · Republic Bk/chicago
—
—
Lasalle National Bank
—
Deed Of Trust
related
$2,472,000 · Republic Bank Chicago
—
—
Musa Taros Family LP II
—
Loan Modification
related
$1,738,207 · Republic Bk/chicago
—
—
Musa Tadros Family LP II
—
Loan Modification
related
$1,738,207 · Republic Bk/chicago
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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