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Property profile & analytics
OFF-MARKET
Motels
9408 Lawrence Ave Schiller Park, IL 60176-1117
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-1231597
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Lot
0.91 ac (39,787 SF)
APN
12-10-302-054
UPID
US28-1231597
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
-
Motel 6 Schiller Park, IL - Chicago O'Hare Hotel & Motel
-
ABC bakery and restaurant 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
Schiller Park Hotel LLC · 6 yrs held
Schiller Park Hotel LLC
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 Schiller Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schiller 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
$287,047
Tax year 2022
Assessed value
$891,729
Assessed 2022
Previous assessed
$568,194
+56.9% YoY
Effective rate
32.19%
On assessed value
Assessed land
$171,581
Assessed improvement
$720,148
Land market value
$686,324
Improvement market value
$2,880,592
Total market value
$3,566,916
Applied tax rate
20,023.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Heating
NONE
Stories
2
Lot
0.91 ac (39,787 SF)
APN
12-10-302-054
UPID
US28-1231597
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
1985
Heating
NONE
Stories
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
Schiller Park Hotel LLC
Entity
Mailing address
10807 LAUREL STSTE100, RCH CUCAMONGA, CA 91730-0631
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2019
$3,729,000
Schiller Park Hotel LLC
G6 Hospitality Property LLC
Grant Deed
$2,139,000 · Bank Of Hope
Oct 18, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Feb 5, 2015
—
G6 Hospitality Property LLC
—
Grant Deed
related
$1,800,000,000 · Jp Morgan Chase Bk
Sep 5, 2012
$361,500
G6 Hospitality Property LLC
Accotel Property Investors LLC
Grant Deed
—
Sep 5, 2012
$6,502,000
G6 Hospitality Property LLC
Accotel Remainder LLC
Grant Deed
—
Aug 27, 1999
$45,000
Accotel Remainder LLC
Motel 6 Operating LP
Trustees Deed
—
Aug 27, 1999
$6,056,000
Accotel Property Investors LLC
Motel 6 Operating LP
Trustees Deed
—
Oct 19, 1998
—
Lemai LLC
Basler Trust
Grant Deed
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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