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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Garden apartment buildings
4300 Lindenwood Dr, Matteson, IL 60443-2054
Entity Owned
~
Est. High Equity
Property ID
US28-1005560
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Total area
7,252 SF
Lot
0.55 ac (23,935 SF)
APN
31-22-205-059
UPID
US28-1005560
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
$1.05M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.00M
Owner & transaction history
Luxity LLC 4300 Lindenwood Dr
Luxity LLC 4300 Lindenwood Dr
since 2026
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+32.0%
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
$1,025,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$1,400,000
6.5%
$1,295,000
7%
$1,200,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,205,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,590,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$1,080,000
Change: -10% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $950k (Apr 26 2022)
Last sale anchor
$950k
Apr 26 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
$138 / 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
$40,411
Tax year 2022
Assessed value
$74,488
Assessed 2022
Previous assessed
$74,488
+0.0% YoY
Effective rate
54.25%
On assessed value
Assessed land
$14,361
Assessed improvement
$60,127
Land market value
$143,610
Improvement market value
$601,270
Total market value
$744,880
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
1968
Heating
NONE
Stories
2
Total area
7,252 SF
Lot
0.55 ac (23,935 SF)
APN
31-22-205-059
UPID
US28-1005560
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1968
Heating
NONE
Stories
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Luxity LLC 4300 Lindenwood Dr
Entity
Mailing address
15928 EMERALD AVE, HARVEY, IL 60426-5214
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
$1,150,000
Luxity LLC 4300 Lindenwood Dr
Emerald Hills Incorporated
Warranty Deed
$910,000 · Community Investment Corporation
Apr 26, 2022
$950,000
Emerald Hills Incorporated
2nd Avenue LLC
Warranty Deed
$690,000 · Loan Funder LLC
Jan 8, 2020
$860,000
2nd Avenue LLC
Michael Debonfioli
Warranty Deed
$688,000 · Us Bk
Feb 8, 2019
—
Michael Debonfioli
—
Deed
related
$583,189 · Bmo Harris Bk NA
Dec 15, 2008
—
Trust 08-11234
—
Trustees Deed
related
$40,000 · Delaware Place Bank
Dec 8, 1999
$400,000
Michael Debonfioli
Greatbanc Trust Co Trustee
Grant Deed
$324,000 · Advance Bank Sb
—
—
Michael Debonfioli
—
Loan Modification
related
$583,189 · Bmo Harris Bk NA
—
—
Michael Debonfioli
—
Deed Of Trust
related
$335,000 · First National Bank
—
—
Michael Debonfioli
—
Deed Of Trust
related
$385,000 · Harris 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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