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Property profile & analytics
FOR LEASE
Retail space
3055 183Rd St Homewood, IL 60430
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0816294
For Lease
1 / 2
$1,500,000
3055 183Rd St, Homewood, IL 60430
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Total area
82,640 SF
Lot
7.1 ac (309,276 SF)
APN
31-01-100-012
UPID
US28-0816294
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Bana Three Corporation · 2 yrs held
Bana Three Corporation
since 2024
Last sale
$1.5M
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 Homewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homewood 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (May 16 2024)
Last sale anchor
$1.50M
May 16 2024
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
$18 / SF
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
$342,690
Tax year 2022
Assessed value
$683,048
Assessed 2022
Previous assessed
$683,048
+0.0% YoY
Effective rate
50.17%
On assessed value
Assessed land
$464,044
Assessed improvement
$219,004
Land market value
$1,856,176
Improvement market value
$876,016
Total market value
$2,732,192
Applied tax rate
32,200.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1968
Heating
NONE
Stories
1
Total area
82,640 SF
Lot
7.1 ac (309,276 SF)
APN
31-01-100-012
UPID
US28-0816294
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
1968
Heating
NONE
Stories
1
Lot
7.1 ac
Current owner
From public records · entity-resolved
Bana Three Corporation
Entity
Mailing address
8655 GLENBERRY LN, TINLEY PARK, IL 60487-7092
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Bana Three Corporation
Dp Homewood LLC
Agreement Of Sale
—
May 16, 2024
$1,500,000
Bana Three Corporation
Dp Homewood LLC
Special Warranty Deed
—
Nov 2, 2022
—
Village Of Homewood
Km Homewood LLC
Warranty Deed
—
Jan 6, 2004
$2,950,000
Km Homewood LLC
First Berkshire Properties LLC
Grant Deed
—
Jan 6, 2004
—
Km Homewood LLC
—
Deed Of Trust
related
$1,518,329 · Harris Bank Joliet NA
Apr 18, 2003
—
First Berkshire Properties LLC
Berkshire Business Trust
Quit Claim Deed
related
—
—
—
Rubloff Development Group INC
—
Deed Of Trust
related
$1,600,000 · First National Bank Joliet
—
—
Rubloff Dev Group INC
—
Deed Of Trust
related
$1,250,000 · Americaunited Bk & Tr Co USA
—
—
Km Homewood LLC
—
Deed Of Trust
related
$3,419,989 · First Midwest 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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