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Property profile & analytics
OFF-MARKET
Parking lots & garages
7341 111th Pl Worth, IL 60482-1744
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-5307485
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1976
Total area
1,460 SF
Lot
0.19 ac (8,250 SF)
APN
23-24-203-007
UPID
US28-5307485
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
Aleksandar Conic · 7 yrs held
Aleksandar Conic
since 2019
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
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
$2,230
Tax year 2022
Assessed value
$5,768
Assessed 2022
Previous assessed
$5,768
+0.0% YoY
Effective rate
38.66%
On assessed value
Assessed land
$5,362
Assessed improvement
$406
Land market value
$53,620
Improvement market value
$4,060
Total market value
$57,680
Applied tax rate
30,012.0000
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
1976
Heating
BASEBOARD
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
1,460 SF
Lot
0.19 ac (8,250 SF)
APN
23-24-203-007
UPID
US28-5307485
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
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
Aleksandar Conic
Individual
Mailing address
7341 W 111TH PL, WORTH, IL 60482-1744
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2019
$163,000
Aleksandar Conic
Weems,brian
Warranty Deed
$146,700 · Crosscountry Mtg
Dec 14, 2011
$127,500
Brian Weems
Federal Natl Mtg Assn Fnma
Grant Deed
$102,000 · Crown Mortgage Co
Oct 5, 2011
—
Federal Natl Mtg Assn Fnma
Judicial Sales Corp
Trustees Deed
related
—
Feb 15, 2006
$237,000
Mark Elizondo
Koutsiouris,nick & Chrysoula
Warranty Deed
$237,000 · American Mortgage Network INC
Jul 12, 2005
—
Nick Koutsiouris
Koutsiouris,nicholas
Quit Claim Deed
related
—
Jul 2, 2003
$185,000
Nick Koutsiouris
Ferry,tr
Grant Deed
$148,000 · Sebring Capital Partners LP
—
—
Mark Elizondo
—
Deed Of Trust
related
$210,900 · Tcf National Bank
—
—
Mark Elizondo
—
Deed Of Trust
related
$27,500 · Tcf National Bank
—
—
Mark A Elizondo
—
Deed Of Trust
related
$242,000 · Countrywide Bank
—
—
Mark Elizondo
—
Deed Of Trust
related
$210,900 · Tcf National Bank
—
—
Mark Elizondo
—
Deed Of Trust
related
$27,500 · Tcf National Bank
—
—
Mark Elizondo
—
Deed Of Trust
related
$244,000 · Freedom Mortgage
—
—
Ferry,tr
—
Deed Of Trust
related
$148,000 · Lasalle National 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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