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Property profile & analytics
OFF-MARKET
Estimated value
$2,475,000
Retail space
3945 147th St Midlothian, IL 60445
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-2714049
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Lot
0.15 ac (6,600 SF)
APN
28-11-300-006
UPID
US28-2714049
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
-
MinuteClinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
Midtown Nationl Group LP · 5 yrs held
Midtown Nationl Group LP
since 2021
Last sale
$2.5M
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 Midlothian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midlothian 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
$2,455,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.48M
Range $2.23M – $2.72M · ±10% · vs last sale $2.47M (Jan 7 2021)
Last sale anchor
$2.47M
Jan 7 2021
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
$54,560
Tax year 2022
Assessed value
$116,124
Assessed 2022
Previous assessed
$116,124
+0.0% YoY
Effective rate
46.98%
On assessed value
Assessed land
$13,200
Assessed improvement
$102,924
Land market value
$52,800
Improvement market value
$411,696
Total market value
$464,496
Applied tax rate
13,231.0000
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
Lot
0.15 ac (6,600 SF)
APN
28-11-300-006
UPID
US28-2714049
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
2000
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Midtown Nationl Group LP
Entity
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Ownership since
2021
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
Jan 14, 2021
—
Midtown National Group LP
—
Deed
related
$1,853,000 · American Bank Of Missouri
Jan 7, 2021
$2,474,500
Midtown Nationl Group LP
Ming Kah Properties LLC
Warranty Deed
—
Jan 7, 2021
—
Mng Kah Properties LLC
Seazona Properties Ltd
Warranty Deed
related
—
Dec 30, 2014
—
Seazona Properties Ltd
Pappas,paul S
Grant Deed
related
$1,512,875 · North American Svgs Bk
Sep 15, 2014
—
Seazona Properties Ltd
Pappas,paul S
Grant Deed
related
—
Sep 22, 2009
—
Paul S Pappas
—
Deed Of Trust
related
$1,670,000 · Citizens Financial Bank
Aug 14, 2003
$420,000
Paul S Pappas
Us Bank NA Trustee
Grant Deed
—
—
—
Midtown National Group LP
—
Deed Of Trust
related
$1,853,000 · American Bk/mo
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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