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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Retail space
3441 Sheridan Rd, Zion, IL 60099-3662
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1376401
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
STEEL FRAME
Total area
70,625 SF
Lot
5.44 ac (236,879 SF)
APN
04-27-300-008
UPID
US28-1376401
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
$1.74M
Blend (final)
Blend
$1.61M
Owner & transaction history
3441 Sheridan LLC · 4 yrs held
3441 Sheridan LLC
since 2022
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 Zion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zion 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10%
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
$23 / 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
$50,071
Tax year 2023
Assessed value
$603,211
Assessed 2023
Previous assessed
$383,756
+57.2% YoY
Effective rate
8.30%
On assessed value
Assessed land
$160,107
Assessed improvement
$443,104
Land market value
$480,369
Improvement market value
$1,329,445
Total market value
$1,809,814
Applied tax rate
2,016.0000
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
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
NONE
Total area
70,625 SF
Lot
5.44 ac (236,879 SF)
APN
04-27-300-008
UPID
US28-1376401
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
1961
Construction
STEEL FRAME
Heating
NONE
Lot
5.44 ac
Current owner
From public records · entity-resolved
3441 Sheridan LLC
Entity
Mailing address
11811 STATE RTE 40, DUNLAP, IL 61525-9474
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
3441 Sheridian LLC
—
Deed
related
$2,750,000 · Blackhawk Bank & Trust
Mar 11, 2022
—
3441 Sheridan LLC
Aspire Of Illinois
Special Warranty Deed
—
Dec 18, 2019
—
Aspire Of Illinois
—
Deed
related
$350,000 · Fifth Third Bank NA
Oct 28, 2019
—
Aspire Of Illinois
Northpointe Resources INC
Warranty Deed
—
Dec 27, 2004
—
Trust 345
Northpointe Resources INC
Quit Claim Deed
$750,000 · National City Bank Midwest
—
—
Northpointe Resources INC
—
Deed Of Trust
related
$500,000 · Iff
—
—
Northpointe Achievement Center
—
Deed Of Trust
related
$45,000 · Urban Enterprise Fund
—
—
First Midwest Trust Co Ttee
—
Deed Of Trust
related
$250,000 · First Midwest Bank
—
—
Northpointe Resources INC
—
Deed Of Trust
related
$400,000 · Fifth Third Bank Chicago
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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