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Property profile & analytics
OFF-MARKET
Commercial real estate
2290 Division St, Diamond, IL 60416-9717
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2726605
Property summary
AI-generated overview
Diamond Suites offers exceptional salon suite rental opportunities in Diamond, IL. Located at 2290 E Division St, Unit 1, this 2,800 square foot building underwent a complete renovation in 2024. The property is zoned B-1 and features multiple suites ranging from 100 to 300 square feet, perfect for independent beauty professionals. Each suite is designed for individual use and may include plumbing, a chair, and a mirror, allowing for immediate occupancy. Shared amenities include a client waiting area, a breakroom, and a coin laundry room. The building offers convenient parking with 14+ spaces available. There are no elevators in the building. This is an ideal opportunity for beauticians, barbers, massage therapists, and other beauty professionals seeking a stylish and functional space to establish or expand their business. Secure your suite now in this highly anticipated development. Don't miss this chance to be part of a thriving beauty community. Contact us today to learn more about available suites and lease terms.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Total area
4,480 SF
Lot
0.38 ac (16,553 SF)
APN
06-36-460-007
UPID
US28-2726605
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
Nfg Properties LLC · 2 yrs held
Nfg Properties LLC
since 2024
Last sale
$122,500
2 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 Diamond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Diamond 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
$4,521
Tax year 2023
Assessed value
$77,257
Assessed 2023
Previous assessed
$72,372
+6.7% YoY
Effective rate
5.85%
On assessed value
Assessed land
$12,134
Assessed improvement
$65,123
Land market value
$36,402
Improvement market value
$195,369
Total market value
$231,771
Applied tax rate
4,003.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1946
Heating
NONE
Total area
4,480 SF
Lot
0.38 ac (16,553 SF)
APN
06-36-460-007
UPID
US28-2726605
Jurisdiction
GRUNDY
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
1946
Heating
NONE
Lot
0.38 ac
Current owner
From public records · entity-resolved
Nfg Properties LLC
Entity
Mailing address
PO BOX 38, COAL CITY, IL 60416-0038
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
$122,500
Nfg Properties LLC
Lori Nicoletti Fenili
Warranty Deed
$479,774 · Bank Of Pontiac
Apr 27, 2012
—
Lori N Fenili
Nicoletti Anton
Grant Deed
related
—
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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