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Property profile & analytics
OFF-MARKET
Estimated value
$8,100,000
Investment properties
3615 16th St Zion, IL 60099-1423
Entity Owned
~
Est. High Equity
Property ID
US28-1127209
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1996
Construction
BRICK
Total area
54,076 SF
Lot
3.83 ac (166,878 SF)
APN
04-18-200-014
UPID
US28-1127209
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
$8.15M
CAP Approach
CAP
$8.61M
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$8.10M
Owner & transaction history
Allure Of Zion Snf Property LLC
Allure Of Zion Snf Property LLC
since 2026
Last sale
$7.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.5M
+46.0%
Restaurant
$9.2M
+42.5%
Office building
$6.5M
+1.1%
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
$8,235,000
ML approach
$8,145,000
CAP Approach
CAP Return
Estimation
6%
$9,330,000
6.5%
$8,610,000
7%
$7,995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,475,000
Current use
AUTO REPAIR, GARAGE
$9,450,000
Change: +46% · Conversion: Difficult
RESTAURANT
$9,225,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$6,545,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,055,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$8.10M
Range $7.29M – $8.91M · ±10% · vs last sale $7.75M (Dec 5 2022)
Last sale anchor
$7.75M
Dec 5 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
$150 / 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
Assessed value
$1,198,215
Assessed 2023
Assessed land
$534,667
Assessed improvement
$663,548
Land market value
$1,604,161
Improvement market value
$1,990,843
Total market value
$3,595,004
Applied tax rate
2,035.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1996
Construction
BRICK
Heating
NONE
Total area
54,076 SF
Lot
3.83 ac (166,878 SF)
APN
04-18-200-014
UPID
US28-1127209
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$9.5M
RESTAURANT
Est. value
$9.2M
OFFICE BUILDING
Est. value
$6.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
BRICK
Heating
NONE
Lot
3.83 ac
Current owner
From public records · entity-resolved
Allure Of Zion Snf Property LLC
Entity
Mailing address
150 AIRPORT RD STE #900, LAKEWOOD, NJ 08701-6988
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
—
Allure Of Zion Snf Property LLC
Care At Zion LLC
Quitclaim Deed
related
$22,300,000 · Greystone Servicing Company LLC
Dec 5, 2022
$7,750,000
Care At Zion LLC
Slovak American Charitable Associat
Special Warranty Deed
$5,812,500 · Metropolitan Commercial Bank
Jun 4, 2010
—
Slovak American Charitable Ass
—
Deed Of Trust
related
$8,200,000 · Mb Financial Bank NA
Jul 3, 2000
—
Slovak American Charitable
—
Grant Deed
related
$8,200,000 · American Nat'l Bk & Tr 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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