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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Commercial real estate
3235 Belvidere Rd, Park City, IL 60085-6017
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2546934
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Construction
BRICK
Total area
55,578 SF
Lot
2.02 ac (87,991 SF)
APN
08-30-302-013
UPID
US28-2546934
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Judah Investments Of Park City LLC · 1 yrs held
Judah Investments Of Park City LLC
since 2024
Last sale
$975,000
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 Park City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Park 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
Method
Estimation
Statistic approach
$975,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $975k (Oct 15 2024)
Last sale anchor
$975k
Oct 15 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 2023Property tax & assessments
Tax year 2023
Tax billed
$40,774
Tax year 2023
Assessed value
$678,659
Assessed 2023
Previous assessed
$678,659
+0.0% YoY
Effective rate
6.01%
On assessed value
Assessed land
$176,501
Assessed improvement
$502,158
Land market value
$529,556
Improvement market value
$1,506,625
Total market value
$2,036,181
Applied tax rate
9,017.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1973
Construction
BRICK
Heating
NONE
Total area
55,578 SF
Lot
2.02 ac (87,991 SF)
APN
08-30-302-013
UPID
US28-2546934
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI 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
1973
Construction
BRICK
Heating
NONE
Lot
2.02 ac
Current owner
From public records · entity-resolved
Judah Investments Of Park City LLC
Entity
Mailing address
3448 SHERMAN AVE, GURNEE, IL 60031-5408
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
$975,000
Judah Investments Of Park City LLC
Angel Oak Commercial Income Fund LP
Special Warranty Deed
$780,000 · Fifth Third Bank NA
Jan 21, 2020
—
3235 LLC
—
Deed
related
$4,025,000 · Cherrywood Mtg LLC
Jul 19, 2018
—
3235 LLC
—
Trustees Deed
related
$1,500,000 · Republic Bk/chicago
May 31, 2018
—
3235 LLC
—
Deed
related
$750,000 · Republic Bk/chicago
Dec 8, 2016
$800,000
3235 LLC
Belvidere Bay LLC
Warranty Deed
$325,000 · Nanta Buranakanchana
Jan 19, 1998
$850,000
Grand Premier Trust & Investme
Blumberg Construction Co
Grant Deed
$2,950,000 · Grand National Bank Trustee
—
—
Belvedere Bay LLC
—
Deed Of Trust
related
$200,000 · Nanta Buranakanchana
—
—
Belvedere Bay LLC
—
Deed Of Trust
related
$150,000 · Nanta Buranakanchana
—
—
Grand Premier Trust & Invest
—
Deed Of Trust
related
$1,850,000 · Grand National Bank
—
—
3235 LLC
—
Deed Of Trust
related
$750,000 · Republic Bk/chicago
—
—
Belvedere Bay LLC
—
Deed Of Trust
related
$175,000 · Nanta Buranakanchana
—
—
Belvedere Bay LLC
—
Deed Of Trust
related
$980,000 · Nanta Buranakanchana
—
—
3235 LLC
—
Deed Of Trust
related
$4,025,000 · Cherrywood Mtg LLC
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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