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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Retail space
39 Orland Sq Dr Orland Park, IL 60462-3206
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0288981
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
8,592 SF
Lot
1.79 ac (77,972 SF)
APN
27-10-300-024
UPID
US28-0288981
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
-
So Mac - Orland Park Restaurant
-
Al Bahaar Restaurant
-
Christian Lopez Coffee Store Specialty Food Shop (Bike/Boat/Book/etc) Store
-
House Keep Up Co. Orland Park (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.53M
Owner & transaction history
39 Orland Square Dr LLC · 4 yrs held
39 Orland Square Dr LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+47.1%
Commercial (general)
$1.7M
+31.6%
Apartment house (5+ units)
$1.4M
+6.9%
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 Orland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orland Park 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
$1,295,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
$1,990,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,280,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,885,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,685,000
Change: +32% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,370,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: -10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,040,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.65M (May 4 2022)
Last sale anchor
$1.65M
May 4 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
$177 / 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
$86,873
Tax year 2022
Assessed value
$290,000
Assessed 2022
Previous assessed
$290,000
+0.0% YoY
Effective rate
29.96%
On assessed value
Assessed land
$165,012
Assessed improvement
$124,988
Land market value
$660,048
Improvement market value
$499,952
Total market value
$1,160,000
Applied tax rate
28,011.0000
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
2000
Heating
NONE
Stories
1
Total area
8,592 SF
Lot
1.79 ac (77,972 SF)
APN
27-10-300-024
UPID
US28-0288981
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2000
Heating
NONE
Stories
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
39 Orland Square Dr LLC
Entity
Mailing address
30 ORLAND SQ DR, ORLAND PARK, IL 60462-3207
Mailing matches property
Yes
Owner-occupied
Yes
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$1,650,000
39 Orland Square Dr LLC
39 Orland Square LLC
Special Warranty Deed
$1,237,500 · Millennium Bank
Jan 12, 2021
—
39 Orland Square LLC
—
Deed
related
—
Sep 22, 2020
—
39 Orland Square LLC
—
Deed
related
—
Apr 24, 2017
—
39 Orland Square LLC
—
Deed
related
$2,480,000 · Lakeside Bk
Feb 10, 2014
$1,200,000
39 Orland Square LLC
Bslb LLC
Grant Deed
$1,225,000 · Lakeside Bk
Oct 5, 2012
—
State Bk Of Countryside
Judicial Sales Corp
Trustees Deed
related
—
Aug 17, 2001
$1,800,000
State Bank Of Countryside Ttee
Consolidated Specialty Restaur
Grant Deed
related
$1,350,000 · State Bank Of Countryside
Jul 20, 2001
—
Consolidated Specialty Restaur
Steak N Shake Operations INC
Quit Claim Deed
related
—
Dec 26, 2000
—
Steak N Shake INC
Consolidated Specialty Rest
Quit Claim Deed
related
—
—
—
39 Orland Square LLC
—
Loan Modification
related
—
—
—
39 Orland Square LLC
—
Loan Modification
related
—
—
—
Trust 01-2306
—
Deed Of Trust
related
$2,368,000 · State Bank Of Countryside
—
—
39 Orland Square LLC
—
Loan Modification
related
$2,066,097 · Lakeside Bk
—
—
39 Orland Square LLC
—
Loan Modification
related
$2,480,000 · Lakeside Bk
—
—
Trust 01-2306
—
Deed Of Trust
related
$2,368,000 · State Bank Of Countryside
—
—
State Bank Countryside Ttee
—
Deed Of Trust
related
$800,655 · State Bank Of Countryside
—
—
39 Orland Square LLC
—
Loan Modification
related
$1,816,096 · Lakeside Bk
—
—
39 Orland Square LLC
—
Deed Of Trust
related
$725,000 · Lakeside Bk
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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