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Property profile & analytics
OFF-MARKET
Estimated value
$3,335,000
Grocery and convenience stores
6620 111th St, Worth, IL 60482-1910
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-2780976
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1968
Lot
2.31 ac (100,624 SF)
APN
24-18-409-014
UPID
US28-2780976
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
-
Amazon Locker - Chant Postal Service Courier Service
-
Fairplay Foods Grocery & Convenience Store Food Market
-
BMO Harris ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.34M
Owner & transaction history
111 Worth Plaza LLC · 4 yrs held
111 Worth Plaza LLC
since 2021
Last sale
$3.1M
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 Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worth 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
$3,535,000
ML approach
$3,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.34M
Range $3.00M – $3.67M · ±10% · vs last sale $3.10M (Dec 17 2021)
Last sale anchor
$3.10M
Dec 17 2021
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
—
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
$130,977
Tax year 2022
Assessed value
$310,474
Assessed 2022
Previous assessed
$310,474
+0.0% YoY
Effective rate
42.19%
On assessed value
Assessed land
$163,241
Assessed improvement
$147,233
Land market value
$652,964
Improvement market value
$588,932
Total market value
$1,241,896
Applied tax rate
39,033.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1968
Heating
NONE
Lot
2.31 ac (100,624 SF)
APN
24-18-409-014
UPID
US28-2780976
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
1968
Heating
NONE
Lot
2.31 ac
Current owner
From public records · entity-resolved
111 Worth Plaza LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4640 S HALSTED ST, CHICAGO, IL 60609-4414
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
—
111 Worth Plaza LLC
—
Deed
related
$2,550,000 · Firstsecure Bank & Trust Co
Dec 17, 2021
$3,100,000
111 Worth Plaza LLC
Chicago Title Land Trust Company
Deed
—
Oct 11, 2019
—
Trust Number 33496
—
Deed
related
$800,000 · Hoyne Svgs Bk
Jun 4, 2019
—
Trust Number 33496
—
Trustees Deed
related
$250,000 · Stauber Raymond W JR L/tr (lt)
—
—
Trust Number 33496
—
Deed Of Trust
related
$800,000 · Hoyne Svgs Bk
—
—
Trust 33496
—
Deed Of Trust
related
$301,000 · Old Second Nat'l Bk
—
—
Trust 33496
—
Deed Of Trust
related
$299,655 · Providence Bank
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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