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Property profile & analytics
FOR LEASE
Retail space
8975 W Golf Rd, Niles, IL 60714
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1571815
For Lease
1 / 9
$19 SF/Yr
8975 W Golf Rd, Niles, IL 60714
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Lot
2.55 ac (111,078 SF)
APN
09-15-201-013
UPID
US28-1571815
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
-
Golf Mill Pharmacy & Medical Pharmacy
-
Park at Golf Mill Retirement Community Nursing Home
-
Elison Independent Living of Niles Retirement Community Nursing Home
-
Advancare Givers Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$21.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.91M
Owner & transaction history
Legacy Crossings Propco LLC · 1 yrs held
Legacy Crossings Propco LLC
since 2024
Last sale
$21.9M
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
Method
Estimation
Statistic approach
$21,905,000
ML approach
$21,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.91M
Range $19.71M – $24.10M · ±10% · vs last sale $21.90M (Sep 23 2024)
Last sale anchor
$21.90M
Sep 23 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$107,260
Tax year 2022
Assessed value
$859,961
Assessed 2022
Previous assessed
$859,961
+0.0% YoY
Effective rate
12.47%
On assessed value
Assessed land
$190,748
Assessed improvement
$669,213
Land market value
$762,992
Improvement market value
$2,676,852
Total market value
$3,439,844
Applied tax rate
22,100.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1988
Heating
NONE
Stories
1
Lot
2.55 ac (111,078 SF)
APN
09-15-201-013
UPID
US28-1571815
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
1988
Heating
NONE
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Legacy Crossings Propco LLC
Entity
Mailing address
36 W MAIN ST STE #105, PARK RIDGE, IL 60068-4059
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
Feb 9, 2026
—
Legacy Crossings Propco LLC
—
Deed
related
$34,000,000 · Old National Bank
Oct 3, 2025
—
Legacy Crossings Propco LLC
—
Deed
related
$1,000,000 · Pan American Bank & Trust
Sep 23, 2024
$21,903,000
Legacy Crossings Propco LLC
Bishop Niles Owner LLC
Special Warranty Deed
$24,000,000 · T2 Golf I LLC
Jan 4, 2024
—
Bishop Niles Owner LLC
—
Deed
related
$201,402,000 · Us Bank NA
Oct 16, 2018
$33,570,500
Bishop Niles Owner LLC
Hcp Hb2 Park At Golf Mill LLC
Grant Deed
$291,181,000 · Keybank USA
Dec 29, 2006
—
Hcp Hb2 Park Of Golf Mill LLC
Cnl Retirement Hb2 Niles Il
Grant Deed
related
—
Feb 13, 2004
$26,969,000
Cnl Retirement Hb2 Niles Il LP
Niles Lifestyle LP
Grant Deed
related
—
Oct 25, 2000
—
Niles Lifestyle LP
—
Deed Of Trust
related
$163,000,000 · Senior Lifestyle Evergreen LP
Jun 14, 1999
—
Niles Lifestyle LP
—
Deed Of Trust
related
$150,000,000 · Credit Lyonnais New York Ttee
—
—
Hcp Hb2 Park Of Golf Mill LLC
—
Deed Of Trust
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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