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Property profile & analytics
OFF-MARKET
Parking lots & garages
650 Wentworth Ave, Calumet City, IL 60409
Individually Owned
1-yr Hold
Free & Clear
Property ID
US28-2578136
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1934
Lot
0.14 ac (6,250 SF)
APN
30-08-328-033
UPID
US28-2578136
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
Abel Terrazas JR · 1 yrs held
Abel Terrazas JR
since 2024
Last sale
$30,000
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 Calumet City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calumet City 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
$1,932
Tax year 2022
Assessed value
$2,397
Assessed 2022
Previous assessed
$2,397
+0.0% YoY
Effective rate
80.60%
On assessed value
Assessed land
$1,875
Assessed improvement
$522
Land market value
$18,750
Improvement market value
$5,220
Total market value
$23,970
Applied tax rate
37,029.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1934
Heating
NONE
Lot
0.14 ac (6,250 SF)
APN
30-08-328-033
UPID
US28-2578136
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
1934
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Abel Terrazas JR
Individual
Free & Clear · 1 yrs held
Mailing address
2901 223RD ST, SAUK VILLAGE, IL 60411-5136
Ownership since
2024
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
Sep 24, 2024
—
Abel Terrazas JR
Abel Terrazas
Transfer On Death Deed
related
—
Jun 6, 2023
$30,000
Lad Consulting Group LLC
Sbo Construction Co
Warranty Deed
—
Feb 28, 2020
$20,000
Sbo Construction Co
Chicago Anti-eviction Campaign
Quit Claim Deed
related
—
Sep 30, 2019
—
Chicago Anti-eviction Campaign
Fannie Mae
Grant Deed
related
—
Mar 5, 2002
$65,000
Abel Terrazas
Basile,anthony J
Grant Deed
—
Oct 23, 1997
$15,000
J J Paz
Havlicek,james
Grant Deed
—
—
—
Jose J Paz
—
Deed Of Trust
related
$57,000 · First Chicago Neighborhood Mtg
—
—
Paz J J
—
Deed Of Trust
related
$38,250 · Custom Mortgage INC
—
—
Abel Terrazas
—
Deed Of Trust
related
$100,000 · Homestar Bank
—
—
Paz J J
—
Deed Of Trust
related
$88,000 · Rose Mortgage Co
—
—
Jesus Paz
—
Deed Of Trust
related
$10,500 · Bank One 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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