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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Retail residential properties
2412 James St, Blue Island, IL 60406-2484
Trust Owned
1-yr Hold
Free & Clear
Property ID
US28-1805762
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1892
Total area
7,294 SF
Lot
0.09 ac (3,840 SF)
APN
24-36-408-015
UPID
US28-1805762
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
-
Orange Professional Services, Inc. Business Management Consultant Training Centre
-
James Street Associates Ltd Advertising Agency Marketing & Advertising
-
Corona Title Corporation Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.18M
Owner & transaction history
Chicago Trust Company NA · 1 yrs held
Chicago Trust Company NA
since 2025
5 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 Blue Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Island 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$162 / SF
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
$17,233
Tax year 2022
Assessed value
$36,093
Assessed 2022
Previous assessed
$36,093
+0.0% YoY
Effective rate
47.75%
On assessed value
Assessed land
$1,248
Assessed improvement
$34,845
Land market value
$12,480
Improvement market value
$348,450
Total market value
$360,930
Applied tax rate
39,044.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1892
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
7,294 SF
Lot
0.09 ac (3,840 SF)
APN
24-36-408-015
UPID
US28-1805762
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
1892
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Chicago Trust Company NA
Trust
Free & Clear · 1 yrs held
Mailing address
12714 WINCHESTER AVE, BLUE ISLAND, IL 60406-3471
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Chicago Trust Company NA
Rental Investments LLC
Deed
—
Feb 23, 2024
$599,000
Rental Investments LLC
Blue Shark Investments LLC
Warranty Deed
—
Sep 13, 2023
—
Jaime L Birks
—
Deed
related
$850,000 · The Budman Building LLC
Feb 17, 2022
$360,000
Blue Shark Investments LLC
Chicago Title Land Trust Company
Deed
$270,000 · Cnb Bank & Trust NA
Jan 27, 2012
—
Federal Natl Mtg Assn Fnma
Judicial Sales Corp
Trustees 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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