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Property profile & analytics
OFF-MARKET
Industrial properties
2230 172nd St, Lansing, IL 60438-6022
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-2736066
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Lot
3.82 ac (166,399 SF)
APN
29-25-201-036
UPID
US28-2736066
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
-
Agjexpress Association Or Organization
-
CDL job near you Freight Service Logistics Company
-
Trucking and Logistics Freight Service Logistics Company
-
Unlimited Carrier Trucking Company
-
KOT Inc Trucking Company
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
2016 Valencia LLC · 8 yrs held
2016 Valencia LLC
since 2018
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 Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansing 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
$150,469
Tax year 2022
Assessed value
$245,576
Assessed 2022
Previous assessed
$245,576
+0.0% YoY
Effective rate
61.27%
On assessed value
Assessed land
$145,484
Assessed improvement
$100,092
Land market value
$581,936
Improvement market value
$400,368
Total market value
$982,304
Applied tax rate
37,091.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1960
Heating
NONE
Lot
3.82 ac (166,399 SF)
APN
29-25-201-036
UPID
US28-2736066
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
1960
Heating
NONE
Lot
3.82 ac
Current owner
From public records · entity-resolved
2016 Valencia LLC
Entity
Mailing address
20950 TORRENCE AVE, LYNWOOD, IL 60411-8734
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2018
$1,300,000
2016 Valencia LLC
Sedan LLC
Warranty Deed
—
Oct 6, 2017
—
Seda Land LLC
—
Deed
related
$642,000 · Republic Bk/chicago
Apr 21, 2005
$600,000
Sedan LLC
Trust 5132
Grant Deed
$450,000 · Citizens Community Bank
—
—
Sedan LLC
—
Deed Of Trust
related
$290,000 · Citizens Community Bank
—
—
Sedan LLC
—
Deed Of Trust
related
$126,750 · Citizens Community Bank/il
—
—
Sedan LLC
—
Deed Of Trust
related
$642,000 · Republic Bk/chicago
—
—
Standard Bank & Trust Co Ttee
—
Deed Of Trust
related
$100,000 · Northway State Bank
—
—
Seda Land LLC
—
Loan Modification
related
$642,000 · Republic Bk/chicago
—
—
Sedan LLC
—
Deed Of Trust
related
$300,000 · Citizens Community Bank
—
—
Sedan LLC
—
Deed Of Trust
related
$885,000 · Standard Bank & 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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