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Property profile & analytics
OFF-MARKET
Residential income homes
23 Benton St, Palatine, IL 60067-5236
Individually Owned
6-yr Hold
Property ID
US28-0895069
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1915
Construction
FRAME
Total area
1,616 SF
Lot
0.28 ac (12,144 SF)
APN
02-14-328-001
UPID
US28-0895069
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
Mariane Doane Magbanua · 6 yrs held
Mariane Doane Magbanua
since 2019
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 Palatine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palatine 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
$8,305
Tax year 2022
Assessed value
$28,999
Assessed 2022
Previous assessed
$28,999
+0.0% YoY
Effective rate
28.64%
On assessed value
Assessed land
$7,286
Assessed improvement
$21,713
Land market value
$72,860
Improvement market value
$217,130
Total market value
$289,990
Applied tax rate
29,007.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1915
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
2
Bathrooms
3
Total area
1,616 SF
Lot
0.28 ac (12,144 SF)
APN
02-14-328-001
UPID
US28-0895069
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
1915
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
3
Lot
0.28 ac
Current owner
From public records · entity-resolved
Mariane Doane Magbanua
Individual
Mailing address
23 N BENTON ST, PALATINE, IL 60067-5236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 28, 2019
$260,000
Mariane Doane Magbanua
Abimael Torres
Warranty Deed
$247,000 · Wintrust Mortgage
Aug 7, 2014
$238,000
Torres,abimael & Elba
Johnson,warren
Warranty Deed
$238,000 · Evolve Bk&tr
Jan 28, 2004
—
Warren Johnson
North,star Tr
Grant Deed
related
—
Nov 26, 2001
—
Continental Community Bk & Tr
Johnson,warren L & Joyce R
Grant Deed
related
—
Nov 8, 2001
—
Warren L Johnson
Continental Community Bk Ttee
Grant Deed
$107,000 · America's Wholesale Lender
May 23, 2000
—
Continental Commnty Bk
Johnson,warren J & Joyce R
Grant Deed
related
—
—
—
Abimael Torres
—
Deed Of Trust
related
$260,000 · Evolve Bk&tr
—
—
Warren Johnson
—
Deed Of Trust
related
$260,000 · Cornerstone Nat'l Bank & Trust
—
—
Continental Cmmnty Bk& Tr Ttee
—
Deed Of Trust
related
$121,000 · America's Wholesale Lender
—
—
Warren Johnson
—
Deed Of Trust
related
$280,000 · Cornerstone Nat'l 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.
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