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Property profile & analytics
OFF-MARKET
Commercial real estate
270 Wn St, Manhattan, IL 60442-9743
Trust Owned
3-yr Hold
Free & Clear
Property ID
US28-0679026
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Lot
0.24 ac (10,454 SF)
APN
14-12-17-401-001
UPID
US28-0679026
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
Franchise Realty Investment Trust I · 3 yrs held
Franchise Realty Investment Trust I
since 2023
Last sale
$250,000
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 Manhattan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan 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
$14,415
Tax year 2023
Assessed value
$140,800
Assessed 2023
Previous assessed
$140,800
+0.0% YoY
Effective rate
10.24%
On assessed value
Assessed land
$52,000
Assessed improvement
$88,800
Land market value
$156,000
Improvement market value
$266,400
Total market value
$422,400
Applied tax rate
1,401.0000
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
1996
Heating
NONE
Lot
0.24 ac (10,454 SF)
APN
14-12-17-401-001
UPID
US28-0679026
Jurisdiction
WILL
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
1996
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Franchise Realty Investment Trust I
Trust
Free & Clear · 3 yrs held
Mailing address
270 WN ST, MANHATTAN, IL 60442-9743
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
$250,000
Franchise Realty Investment Trust I
Whitmore Gas Station Family LP
Warranty Deed
—
Aug 7, 2019
$400,000
Royal Eagles LLC
Az Spe LLC
Warranty Deed
$350,000 · Hpg Hldg INC
Jul 15, 2016
—
Az Spe LLC
Sheriff Of Will County|sagun Saheli Corp
Trustees Deed
related
—
Apr 11, 2013
—
Sagun Saheli Corp
—
Trustees Deed
related
$400,000 · National Republic Bank Chicago
Feb 21, 2012
$600,000
Sagun Saheli Corp
Moffat,ishaq
Warranty Deed
$450,000 · National Republic Bank Chicago
Feb 16, 2006
$915,000
Ishaq Moffat
Sierra Petroleum Co INC
Warranty Deed
$79,806 · Sierra Petroleum Co INC
Jan 28, 2005
$326,000
Sierra Petroleum Co INC
Whitmore Of Gas Station Family
Grant Deed
$850,000 · Home State Bank
Mar 7, 2003
—
Whitmore Gas Station Family LP
Nlsb,tr
Grant Deed
related
—
Jun 15, 1998
—
New Lenox State Bank Trustee
—
Deed Of Trust
related
$1,122,017 · Beverly National Bank
—
—
Mohamad A Shouman
—
Deed Of Trust
related
$75,000 · Sierra Petroleum Co INC
—
—
Sagun Saheli Corp
—
Deed Of Trust
related
$3,434,270 · Texor Petroleum
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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