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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Garden apartment buildings
304 147th St, Harvey, IL 60426-1930
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-0135600
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Lot
0.07 ac (3,250 SF)
APN
29-08-404-010
UPID
US28-0135600
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
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
South 13 Portfolio LLC · 3 yrs held
South 13 Portfolio LLC
since 2023
Last sale
$991,454
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 Harvey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harvey 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
$1,060,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $991k (Mar 3 2023)
Last sale anchor
$991k
Mar 3 2023
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
$17,314
Tax year 2022
Assessed value
$21,289
Assessed 2022
Previous assessed
$21,289
+0.0% YoY
Effective rate
81.33%
On assessed value
Assessed land
$1,950
Assessed improvement
$19,339
Land market value
$19,500
Improvement market value
$193,390
Total market value
$212,890
Applied tax rate
37,047.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
NONE
Lot
0.07 ac (3,250 SF)
APN
29-08-404-010
UPID
US28-0135600
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
1960
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
South 13 Portfolio LLC
Entity
Mailing address
549 W RANDOLPH ST #2, CHICAGO, IL 60661-2208
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2023
—
South 13 Portfolio LLC
—
Deed
related
$98,541,000 · Newpoint Real Estate Capital LLC
Mar 3, 2023
$991,454
South 13 Portfolio LLC
Pp Fin Chicago 42 LLC
Special Warranty Deed
—
Jun 17, 2019
—
Pp Fin Chicago 41 LLC
—
Grant Deed
related
$6,987,000 · Walker & Dunlop
Jun 13, 2019
—
Pp Fin Chicago 42 LLC
Oceania Holdings II LLC
Quit Claim Deed
related
—
Mar 8, 2012
—
Oceania Holdings II LLC
—
Deed Of Trust
related
$9,300,000 · Archetype Mtg Fndg II LLC
Dec 16, 2011
—
Oceana Holdings 11 LLC
Trust 8002345871
Grant Deed
related
—
Mar 25, 2004
$850,000
Chicago Title Land Trt Co Ttee
Chicago Title Land Trt Co Ttee
Grant Deed
related
—
—
—
Pp Fin Chicago 41 LLC
—
Deed Of Trust
related
$6,987,000 · Walker & Dunlop
—
—
Trust 8002345871
—
Deed Of Trust
related
$925,000 · Charter One Bank
—
—
Trust 8002345871
—
Deed Of Trust
related
$1,185,000 · Charter One
—
—
South Holland Tr & Sav Bk Ttee
—
Deed Of Trust
related
$660,000 · Old Kent Bank
—
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$500,000 · Charter One Bank
—
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$760,000 · Charter One Bank
—
—
Trust 8002345871
—
Deed Of Trust
related
$80,000 · Charter One Bank
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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