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Property profile & analytics
OFF-MARKET
Residential income homes
7530 Lexington St, Forest Park, IL 60130-2223
Individually Owned
2-yr Hold
Property ID
US28-0969906
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1926
Construction
FRAME
Total area
2,016 SF
Lot
0.07 ac (3,108 SF)
APN
15-13-408-018
UPID
US28-0969906
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
John Wright · 2 yrs held
John Wright
since 2024
Last sale
$425,000
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 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
$9,997
Tax year 2022
Assessed value
$27,893
Assessed 2022
Previous assessed
$27,893
+0.0% YoY
Effective rate
35.84%
On assessed value
Assessed land
$1,787
Assessed improvement
$26,106
Land market value
$17,870
Improvement market value
$261,060
Total market value
$278,930
Applied tax rate
31,038.0000
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
1926
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
3
Bathrooms
3
Total area
2,016 SF
Lot
0.07 ac (3,108 SF)
APN
15-13-408-018
UPID
US28-0969906
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
1926
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
John Wright
Individual
Mailing address
7530 LEXINGTON ST, FOREST PARK, IL 60130-2223
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$425,000
John Wright
George A Saenz
Warranty Deed
$340,000 · Citadel Servicing Corporation
Jan 10, 2006
$310,000
George A Saenz
Mark Blackman
Warranty Deed
$263,500 · Tamayo Financial Services INC
Jun 16, 2003
$435,000
Mark B Blackman
Castro,oswaldo
Grant Deed
$232,000 · Wells Fargo Home Mortgage INC
Oct 9, 2002
—
Oswaldo Castro
Perez,mary E
Grant Deed
$120,000 · Washington Mutual Fsb
—
—
Patricia Saenz
—
Deed Of Trust
related
$290,775 · Resmae Mortgage Corp
—
—
Mary E Perez
—
Deed Of Trust
related
$16,907 · Galaxie Sale & Installation
—
—
Mary E Perez
—
Deed Of Trust
related
$132,000 · Chase Manhattan Mortgage Corp
—
—
Mary E Perez
—
Deed Of Trust
related
$18,986 · Pinnacle Bank
—
—
Oswaldo Castro
—
Deed Of Trust
related
$210,000 · Chicago Bancorp INC
—
—
Paul Reich
—
Deed Of Trust
related
$43,500 · Wells Fargo 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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