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Property profile & analytics
OFF-MARKET
Residential income homes
304 Luella Ave, Calumet City, IL 60409-1803
Individually Owned
1-yr Hold
Property ID
US28-4248898
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,756 SF
Lot
0.11 ac (5,000 SF)
APN
29-12-200-037
UPID
US28-4248898
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
Latoya Jude · 1 yrs held
Latoya Jude
since 2024
Last sale
$305,000
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 Calumet City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calumet City 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,218
Tax year 2022
Assessed value
$12,908
Assessed 2022
Previous assessed
$12,908
+0.0% YoY
Effective rate
79.16%
On assessed value
Assessed land
$2,375
Assessed improvement
$10,533
Land market value
$23,750
Improvement market value
$105,330
Total market value
$129,080
Applied tax rate
37,026.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Units
2
Bathrooms
4
Total area
2,756 SF
Lot
0.11 ac (5,000 SF)
APN
29-12-200-037
UPID
US28-4248898
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Latoya Jude
Individual
Mailing address
304 S LUELLA AVE STE #2750, CALUMET CITY, IL 60409-1803
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 10, 2024
—
Latoya Jude
Leroy Johnson
Warranty Deed
—
Oct 10, 2024
$305,000
Latoya Jude
Chicago Title Land Trust Company
Deed
$299,475 · Nexa Mortgage LLC
Feb 10, 2021
—
Chicago Title Land Trust Company
Leroy Johnson
Quit Claim Deed
related
—
May 3, 2010
$57,000
Leroy Johnson
Nad Acquisition Reo INC
Special Warranty Deed
$78,479 · Wells Fargo Bank NA
Jul 13, 2009
—
Nad Acquisition Reo INC
Kallen Realty Services INC
Trustees Deed
related
—
Nov 1, 2006
$290,000
Florence A Adesulupe
Adejumobi,abiodun
Warranty Deed
$232,000 · Silver State Mortgage
Jul 12, 2005
$256,000
Abiodum Adejumobi
Alan J Freeman
Warranty Deed
$204,800 · Argent Mortgage Company LLC
Jun 21, 2001
$125,000
Alan J Freeman
Johnson,alvin L
Grant Deed
$90,000 · Airmortgage
Jun 9, 2000
$196,000
Alvin L Johnson
Clemons,william F & Mary E
Grant Deed
$155,920 · Advanta National Bank USA
—
—
William F Clemons
—
Deed Of Trust
related
$102,000 · Nationsbanc Mortgage Corp
—
—
Alan J Freeman
—
Deed Of Trust
related
$120,000 · Airmortgage
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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