Property profile

3017 Bright St Franklin Park, IL 60131

OFF-MARKET
Residential income homes
Property ID
US28-0126103
2,892 SF 0.11 ac lot Built 1962
Individually Owned 11-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,892 SF
Lot 0.11 ac (5,000 SF)
APN 12-29-210-007
UPID US28-0126103

Cap rate & NOI

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

Location

3017 Bright St Franklin Park, IL 60131-2334
Franklin Park metro Census 811701 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
$575k
Comparable Approach Comparable
$504k
Blend (final) Blend
$505k

Owner & transaction history

since 2015
7 recorded transactions
2015
$166,000
2011
$160,000
2004
$310,000
2001
$240,000
2001
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $635,000 +44.9%

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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