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Property profile & analytics
OFF-MARKET
Retail residential properties
7401 Roosevelt Rd Forest Park, IL 60130-2523
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-2071326
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1919
Lot
0.09 ac (3,927 SF)
APN
15-13-427-047
UPID
US28-2071326
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
Erick Ramirez Villagomez · 3 yrs held
Erick Ramirez Villagomez
since 2022
Last sale
$480,000
6 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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest 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
$15,596
Tax year 2022
Assessed value
$43,513
Assessed 2022
Previous assessed
$66,544
-34.6% YoY
Effective rate
35.84%
On assessed value
Assessed land
$5,497
Assessed improvement
$38,016
Land market value
$54,970
Improvement market value
$380,160
Total market value
$435,130
Applied tax rate
31,251.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1919
Heating
NONE
Lot
0.09 ac (3,927 SF)
APN
15-13-427-047
UPID
US28-2071326
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
1919
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Erick Ramirez Villagomez
Individual
Mailing address
5130 S ARCHER AVE, CHICAGO, IL 60632-4857
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
$480,000
Erick Ramirez Villagomez
Ocampo Properties LLC
Warranty Deed
—
Mar 9, 2021
$340,000
Ocampo Properties LLC
Terra Buxlding INC
Special Warranty Deed
$504,000 · Riverbend Funding LLC
Jul 20, 2020
$250,000
Terra Building INC
Jmcc Realty Group LLC
Warranty Deed
—
Sep 26, 2018
—
Jmcc Realty Group LLC
Serritella,john
Quit Claim Deed
related
$475,000 · Algonquin St Bk
May 19, 2003
$550,000
John Serritella
7401 Roosevelt Corp
Grant Deed
$440,000 · Northern Trust Co
May 1, 2000
$207,500
7401 Roosevelt Corp
Firstar Bank NA Trustee
Grant Deed
$249,200 · Lakeside 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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