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Property profile & analytics
FOR SALE
Retail space
8116 Archer Ave Willow Springs, IL 60480
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US28-2927608
For Sale
1 / 15
Contact for pricing
8116 Archer Ave, Willow Springs, IL 60480
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Lot
0.39 ac (16,848 SF)
APN
18-34-106-011
UPID
US28-2927608
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
-
Ambi Bar and Grill Restaurant
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
Teki Salievski · 20 yrs held
Teki Salievski
since 2006
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 Willow Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willow Springs 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
$38,366
Tax year 2022
Assessed value
$94,713
Assessed 2022
Previous assessed
$94,713
+0.0% YoY
Effective rate
40.51%
On assessed value
Assessed land
$25,203
Assessed improvement
$69,510
Land market value
$100,812
Improvement market value
$278,040
Total market value
$378,852
Applied tax rate
21,046.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1959
Heating
NONE
Stories
1
Lot
0.39 ac (16,848 SF)
APN
18-34-106-011
UPID
US28-2927608
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
1959
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Teki Salievski
Individual
Mailing address
8116 ARCHER AVE, WILLOW SPRINGS, IL 60480-1502
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2007
—
Teki Salievski
—
Trustees Deed
related
$100,000 · First National Bank Brookfield
Oct 3, 2006
—
Teki Salievski
—
Trustees Deed
related
$50,000 · First National Bank Brookfield
May 16, 2006
$385,000
Teki Salievski
Trust 5-498
Grant Deed
$307,200 · First National Bank Brookfield
Sep 17, 2004
—
Trust 5-498
Denniger,margaret
Warranty Deed
related
—
Aug 20, 2004
—
Margaret Denniger
Trust 5-498
Grant Deed
$225,000 · Interbay Funding LLC
Apr 26, 2004
—
First State Bk&tr Paltine Ttee
Family Bank & Trust Co Trustee
Grant Deed
related
—
—
—
Teke Sallievski
—
Deed Of Trust
related
$513,032 · First National Bank Brookfield
—
—
Salievski,teki
—
Deed Of Trust
related
$505,000 · Republic Bk/chicago
—
—
Teki Salievski
—
Deed Of Trust
related
$373,450 · First National Bank Brookfield
—
—
First State B&t Palos Hills Tt
—
Deed Of Trust
related
$139,500 · First State B&t Co Palos Hills
—
—
First State Bank
—
Deed Of Trust
related
$35,000 · American Business Credit
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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