Property profile

2505 Bernice Rd Lansing, IL 60438

OFF-MARKET
Commercial real estate
Property ID
US28-0152913
0.46 ac lot Built 1977
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Lot 0.46 ac (19,821 SF)
APN 30-30-302-034
UPID US28-0152913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2505 Bernice Rd Lansing, IL 60438-1009
Lansing metro Census 827902 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2006
7 recorded transactions
2006
$350,000
2006
Price N/A
2005
$600,000
2005
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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