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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Bowling alleys
2581 Glenwood Lansing Rd, Lynwood, IL 60411-1681
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-2239478
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1985
Lot
3.33 ac (145,055 SF)
APN
33-07-100-032
UPID
US28-2239478
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
-
Cardtronics Atm
-
Lans Printing & Advertising Marketing & Advertising Printing Service
-
Lynwood Bowl Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Lynwood Bowl LLC · 4 yrs held
Lynwood Bowl LLC
since 2021
Last sale
$726,000
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 Lynwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynwood 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
$830,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $726k (Oct 8 2021)
Last sale anchor
$726k
Oct 8 2021
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
—
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
$46,297
Tax year 2022
Assessed value
$96,250
Assessed 2022
Previous assessed
$96,250
+0.0% YoY
Effective rate
48.10%
On assessed value
Assessed land
$90,625
Assessed improvement
$5,625
Land market value
$362,500
Improvement market value
$22,500
Total market value
$385,000
Applied tax rate
12,040.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1985
Heating
NONE
Lot
3.33 ac (145,055 SF)
APN
33-07-100-032
UPID
US28-2239478
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
1985
Heating
NONE
Lot
3.33 ac
Current owner
From public records · entity-resolved
Lynwood Bowl LLC
Entity
Mailing address
2581 GLENWOOD LANSING RD, LYNWOOD, IL 60411-1681
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$726,000
Lynwood Bowl LLC
The Chicago Trust Company NA
Deed
$702,950 · Centier Bank
Oct 8, 2021
—
Lynwood Bowl LLC
The Chicago Trust Company NA
Deed
—
Jan 30, 2017
—
Trust 2415
—
Deed
related
$80,000 · Old Plank Trl Cmnty Bk NA
—
—
Trust 2415
—
Deed Of Trust
related
$228,000 · First Nat'l Bk/il
—
—
Trust 2415
—
Loan Modification
related
$646,046 · Old Plank Trl Cmnty Bk NA
—
—
Trust 2415
—
Deed Of Trust
related
$80,000 · Old Plank Trl Cmnty Bk NA
—
—
Trust 2415
—
Loan Modification
related
$714,803 · Old Plank Trl Cmnty Bk NA
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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