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Property profile & analytics
OFF-MARKET
Estimated value
$5,525,000
Garden apartment buildings
4035 Lindenwood Dr 28th, Matteson, IL 60443-2009
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1005548
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1967
Lot
1.72 ac (74,923 SF)
APN
31-22-207-013
UPID
US28-1005548
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
$5.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.53M
Owner & transaction history
Lwp Il I LLC · 3 yrs held
Lwp Il I LLC
since 2023
Last sale
$5.3M
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 Matteson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Matteson 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
$5,705,000
ML approach
$5,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.53M
Range $4.97M – $6.08M · ±10% · vs last sale $5.33M (Jan 19 2023)
Last sale anchor
$5.33M
Jan 19 2023
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
$91,023
Tax year 2022
Assessed value
$167,777
Assessed 2022
Previous assessed
$167,777
+0.0% YoY
Effective rate
54.25%
On assessed value
Assessed land
$45,058
Assessed improvement
$122,719
Land market value
$450,580
Improvement market value
$1,227,190
Total market value
$1,677,770
Applied tax rate
32,015.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1967
Heating
NONE
Lot
1.72 ac (74,923 SF)
APN
31-22-207-013
UPID
US28-1005548
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
1967
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
Lwp Il I LLC
Entity
Mailing address
4440 211TH ST STE #113, MATTESON, IL 60443-3802
Ownership since
2023
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
Jan 19, 2023
$5,332,000
Lwp Il I LLC
Jcn Properties LLC
Warranty Deed
$9,945,000 · Centier Bank
May 4, 2017
—
Jcn Properties LLC
4440 Lincoln Highway LLC
Warranty Deed
related
—
Jun 14, 2013
—
Joseph Gutierrez
—
Deed Of Trust
related
$3,700,000 · Old Plank Trail Community Bank
Aug 28, 2007
—
4440 Lincoln Highway LLC
Fae One 101282 LLC
Quit Claim Deed
related
—
Jun 30, 2004
$1,950,000
Fae One 101282 LLC
Apartment Investors IV LP
Grant Deed
$1,760,000 · First National Bank
Oct 1, 1999
$975,000
Investors Apartment IV
South Holland Tr & Sa Bk Ttee
Grant Deed
$780,000 · Liberty Federal Bank
—
—
Joseph A Gutierrez
—
Deed Of Trust
related
$3,353,768 · Delaware Place Bank
—
—
4440 Lincoln Highway LLC
—
Deed Of Trust
related
$3,112,000 · Delaware Place Bank
—
—
Investors Apartment IV
—
Deed Of Trust
related
$96,000 · Greatbank NA
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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