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Property profile & analytics
FOR LEASE
Retail space
3043 Ridge Rd 101 Lansing, IL 60438
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2715693
For Lease
Contact for pricing
3043 Ridge Rd,Unit 101, Lansing, IL 60438
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1978
Lot
0.17 ac (7,500 SF)
APN
30-31-405-001
UPID
US28-2715693
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
-
Lagestee Insurance Ltd Insurance Agency
-
A & Z Home Health Care, Inc Home Health Care Service
-
Dominion CILA Homes Charitable Organization Social Service Agency
-
Van Noort & Associates PC Accounting Firm Tax Preparation
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
Aizena Holdings INC · 2 yrs held
Aizena Holdings INC
since 2024
Last sale
$290,000
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 Lansing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansing 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
$35,897
Tax year 2022
Assessed value
$55,233
Assessed 2022
Previous assessed
$55,233
+0.0% YoY
Effective rate
64.99%
On assessed value
Assessed land
$13,125
Assessed improvement
$42,108
Land market value
$52,500
Improvement market value
$168,432
Total market value
$220,932
Applied tax rate
37,072.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
For Lease
Year built
1978
Heating
NONE
Lot
0.17 ac (7,500 SF)
APN
30-31-405-001
UPID
US28-2715693
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
1978
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Aizena Holdings INC
Entity
Mailing address
3043 RDG RD, LANSING, IL 60438-3068
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2024
—
Aizena Holdings INC
A & Z Home Health Care INC
Intrafamily Transfer
related
—
Jan 30, 2023
$290,000
A & Z Home Health Care INC
Felpat Holdings LLC
Warranty Deed
—
Jul 11, 2011
$170,000
Felpat Holdings LLC
Dearborn Street Holdings LLC-s
Grant Deed
related
—
Feb 4, 2011
—
Dearborn Street Holdings LLC-s
Intercounty Judicial Sales Cor
Trustees Deed
related
—
May 6, 1999
$301,500
Ridge Professional Center LLC
St Paul Trust Co Trustee
Grant Deed
$280,000 · Heritage Community Bank
—
—
Ridge Professional Center LLC
—
Deed Of Trust
related
$416,000 · Citizens Financial Svcs Fsb
—
—
Ridge Professional Center LLC
—
Deed Of Trust
related
$560,000 · Harris Bank Frankfort
—
—
Felpat Holdings LLC
—
Deed Of Trust
related
$136,000 · J P Morgan Chase 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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