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Property profile & analytics
OFF-MARKET
Garden apartment buildings
509 144th St Riverdale, IL 60827-2603
Entity Owned
8-yr Hold
Free & Clear
Property ID
US28-0765582
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1956
Lot
0.07 ac (3,125 SF)
APN
29-04-309-033
UPID
US28-0765582
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sweet Dreams Prop Mgmt LLC · 8 yrs held
Sweet Dreams Prop Mgmt LLC
since 2018
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
—
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
$15,870
Tax year 2022
Assessed value
$16,457
Assessed 2022
Previous assessed
$16,457
+0.0% YoY
Effective rate
96.43%
On assessed value
Assessed land
$1,875
Assessed improvement
$14,582
Land market value
$18,750
Improvement market value
$145,820
Total market value
$164,570
Applied tax rate
37,041.0000
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
1956
Heating
NONE
Lot
0.07 ac (3,125 SF)
APN
29-04-309-033
UPID
US28-0765582
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
1956
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Sweet Dreams Prop Mgmt LLC
Entity
Free & Clear · 8 yrs held
Mailing address
18125 ROY ST UNIT #681, LANSING, IL 60438-6657
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2018
$118,000
Sweet Dreams Prop Mgmt LLC
Trust,number 8002357160
Grant Deed
—
Jun 30, 2011
—
Chicago Title Land Trust Co
Peony Investments
Warranty Deed
$100,000 · Community Investment Corp
Dec 2, 2010
—
Peony Investments LLC
Recovery Oriented Solutions Ll
Quit Claim Deed
related
—
Feb 9, 2010
—
Trust 5711
Intercounty Judicial Sales Cor
Trustees Deed
related
—
Aug 28, 2007
$345,000
Anthony R Blake
Trust 5760
Grant Deed
$267,375 · First Midwest Bank
Aug 23, 2007
—
Trust 5760
Shorebank
Quit Claim Deed
related
—
May 27, 2004
$205,000
First National Bank Il Trustee
Kidd,john
Grant Deed
related
$184,500 · Shorebank
Nov 19, 2001
$175,000
John Kidd
Founders Bank Trustee
Grant Deed
—
Jan 28, 1998
—
Mount Greenwood Bank Trustee
—
Grant Deed
related
$95,000 · Community Investment Corp
Jan 8, 1998
—
Mount Greenwood Bank Ttee
Horton,sherlie A
Grant Deed
related
—
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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