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Property profile & analytics
OFF-MARKET
Industrial properties
5500 111th St, Oak Lawn, IL 60453-5012
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US28-0732954
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Lot
1 ac (43,560 SF)
APN
24-16-300-037
UPID
US28-0732954
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
-
Pace Illumination Electrical Service General Contractor
-
Eastco Corporation Building Supply Electrical Service
-
Canlet (Bike/Boat/Book/etc) Store Hardware & Home Improvement
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
Windy Acres Properties LLC · 22 yrs held
Windy Acres Properties LLC
since 2004
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 Oak Lawn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Lawn 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
$37,279
Tax year 2022
Assessed value
$100,884
Assessed 2022
Previous assessed
$100,884
+0.0% YoY
Effective rate
36.95%
On assessed value
Assessed land
$49,218
Assessed improvement
$51,666
Land market value
$196,872
Improvement market value
$206,664
Total market value
$403,536
Applied tax rate
39,028.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1967
Heating
NONE
Lot
1 ac (43,560 SF)
APN
24-16-300-037
UPID
US28-0732954
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 ac
Current owner
From public records · entity-resolved
Windy Acres Properties LLC
Entity
Mailing address
5500 W 111TH ST, OAK LAWN, IL 60453-5012
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2004
—
Windy Acres Properties LLC
Pollack,george P
Grant Deed
related
—
Jun 22, 1999
$185,000
Old Kent Bank Trustee
Western Tool & Die Works INC
Grant Deed
related
—
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$726,000 · State Bank Of Countryside
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$1,400,000 · State Bank Of Countryside
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$1,700,000 · State Bank Of Countryside
—
—
Windy Acres Properties LLC
—
Loan Modification
related
$1,500,000 · State Bank Of Countryside
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$350,000 · State Bank Of Countryside
—
—
Windy Acres Property LLC
—
Deed Of Trust
related
$620,000 · George Washington Savings Bank
—
—
Windy Acres Props LLC
—
Deed Of Trust
related
$731,607 · George Washington Savings Bank
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$600,000 · State Bank Of Countryside
—
—
Windy Acres Properties LLC
—
Deed Of Trust
related
$910,000 · State Bank Of Countryside
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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