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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Industrial properties
3359 Chicago Rd, South Chicago Heights, IL 60411-5422
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1950740
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Lot
0.11 ac (4,968 SF)
APN
32-32-215-010
UPID
US28-1950740
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
-
Aaron's Rent To Own Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
3353 Chicago LLC · 3 yrs held
3353 Chicago LLC
since 2022
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 South Chicago Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Chicago Heights 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
$1,515,000
ML approach
$1,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±10% · vs last sale $1.50M (Jul 27 2022)
Last sale anchor
$1.50M
Jul 27 2022
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
$1,711
Tax year 2022
Assessed value
$4,002
Assessed 2022
Previous assessed
$4,002
+0.0% YoY
Effective rate
42.75%
On assessed value
Assessed land
$3,229
Assessed improvement
$773
Land market value
$12,916
Improvement market value
$3,092
Total market value
$16,008
Applied tax rate
12,023.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Heating
NONE
Lot
0.11 ac (4,968 SF)
APN
32-32-215-010
UPID
US28-1950740
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
1981
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
3353 Chicago LLC
Entity
Mailing address
PO BOX 385, ALLENTOWN, PA 18105-0385
Ownership since
2022
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
Jul 27, 2022
$1,500,000
3353 Chicago LLC
Prosperity South Chicago Heights Ll
Special Warranty Deed
$900,000 · City National Bank Of Florida
Jul 9, 2018
—
Lgp Realty Holdings LP
—
Loan Modification
related
$650,000,000 · Citizens Bk/pa
Jul 3, 2017
—
Prosperity South Chicago Heigh
Prep LLC
Quit Claim Deed
related
—
Jun 28, 2017
—
Lgp Realty Holdings LP
—
Grant Deed
related
$550,000,000 · Citizens Bk/pa
Jun 20, 2017
$675,000
Prep LLC
So Heights LLC
Special Master Deed
related
$650,000 · Midfirst Bank
Oct 3, 2016
$477,500
Lgp Realty Holdings LP
Bapa LLC
Grant Deed
related
—
Apr 5, 2016
—
So-heights LLC
Trust 9133
Grant Deed
—
Jan 24, 2012
$300,000
Pt LLC
Speedway LLC
Grant Deed
—
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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