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Property profile & analytics
OFF-MARKET
Estimated value
$8,460,000
Motels
5000 127th St Alsip, IL 60803-3245
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US28-1468690
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Total area
118,868 SF
Lot
9.96 ac (433,858 SF)
APN
24-28-400-022
UPID
US28-1468690
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
-
Allgauer's Restaurant Restaurant
-
Cardtronics ATM Atm
-
Doubletree Hotel Home Decor Store Department Store
-
DoubleTree by Hilton Hotel Chicago - Alsip Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.46M
Owner & transaction history
Alsip Hospitality Of De LLC · 20 yrs held
Alsip Hospitality Of De LLC
since 2006
5 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 Alsip submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alsip 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$71 / 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
$485,307
Tax year 2022
Assessed value
$1,208,347
Assessed 2022
Previous assessed
$1,208,347
+0.0% YoY
Effective rate
40.16%
On assessed value
Assessed land
$569,319
Assessed improvement
$639,028
Land market value
$2,277,276
Improvement market value
$2,556,112
Total market value
$4,833,388
Applied tax rate
39,037.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Heating
NONE
Stories
5
Total area
118,868 SF
Lot
9.96 ac (433,858 SF)
APN
24-28-400-022
UPID
US28-1468690
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
1999
Heating
NONE
Stories
5
Lot
9.96 ac
Current owner
From public records · entity-resolved
Alsip Hospitality Of De LLC
Entity
Mailing address
555 SKOKIE BLVD, NORTHBROOK, IL 60062-2812
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2015
—
Alsip Hospitality Of Delaware LLC
—
Grant Deed
related
$16,500,000 · Morgan Stanley Bk
May 25, 2006
—
Alsip Hospitality Of De LLC
Alsip Hotel Investors LLC
Quit Claim Deed
related
$12,000,000 · Capmark Bank
Dec 18, 2001
—
Alsip Hotel Investors LLC
—
Trustees Deed
related
$12,600,000 · Republic Bank
Oct 1, 1999
—
Illinois State
Alsip Hotel Investors
Grant Deed
related
—
Jul 30, 1998
—
Alsip Hotel Investors LLC
—
Deed Of Trust
related
$8,000,000 · Banco Popular 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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