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Property profile & analytics
OFF-MARKET
Residential income homes
6807 179th Pl, Tinley Park, IL 60477-4323
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5208412
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,474 SF
Lot
0.17 ac (7,605 SF)
APN
28-31-301-029
UPID
US28-5208412
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
Nehad Zayyad · 2 yrs held
Nehad Zayyad
since 2024
Last sale
$335,000
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 Tinley Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tinley Park 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
$10,641
Tax year 2022
Assessed value
$28,401
Assessed 2022
Previous assessed
$28,401
+0.0% YoY
Effective rate
37.47%
On assessed value
Assessed land
$3,042
Assessed improvement
$25,359
Land market value
$30,420
Improvement market value
$253,590
Total market value
$284,010
Applied tax rate
13,039.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
4
Total area
2,474 SF
Lot
0.17 ac (7,605 SF)
APN
28-31-301-029
UPID
US28-5208412
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Nehad Zayyad
Individual
Mailing address
11555 S HARLEM AVE STE C, WORTH, IL 60482-2300
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2024
$335,000
Nehad Zayyad
John Harrington
Warranty Deed
—
Aug 27, 2015
$240,000
John Harrington
Thu,pham N
Warranty Deed
$235,653 · Guaranteed Rate
Feb 18, 2009
—
Nga Thu
Pham,van
Quit Claim Deed
related
—
Apr 21, 2005
$319,000
Van Pham
Horn,gregory J & Julie A
Warranty Deed
$223,300 · First Magnus Financial Corp
Jan 26, 2005
—
Gregory J Horn
Horn Gregory J Trust
Quit Claim Deed
related
$210,000 · Founders Bank
Mar 3, 2004
$209,000
Joe Varan
Judicial Sales Corp
Trustees Deed
—
Mar 3, 2004
$233,000
Horn,tr
Varan,joe
Grant Deed
$209,700 · National City Mortgage Co
May 6, 1999
$190,000
Alvarado,ignacia
Colarelli,dolores R
Trustees Deed
$188,637 · Commonwealth United Mtg Co
May 6, 1999
—
Alvarado,ignacia
Colarelli,barbara J
Trustees 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.
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