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Property profile & analytics
OFF-MARKET
Industrial properties
9700 197th St Ste 102 Mokena, IL 60448-8997
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5397573
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
STEEL FRAME
Total area
30,000 SF
Lot
2.02 ac (87,991 SF)
APN
19-09-09-403-015
UPID
US28-5397573
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
-
shiplix Freight Service Logistics Company
-
James L. Policchio & Associates, P.C. Accounting Firm
-
Eminent Financial Service Tax Preparation
-
Luminous LUX Body Studio Spa & Massage Center
-
Acutrans Translation Service
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
Omar & Sons Management LLC · 1 yrs held
Omar & Sons Management LLC
since 2024
Last sale
$3.1M
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 Mokena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mokena 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,779
Tax year 2023
Assessed value
$355,000
Assessed 2023
Previous assessed
$355,000
+0.0% YoY
Effective rate
8.11%
On assessed value
Assessed land
$103,296
Assessed improvement
$251,704
Land market value
$309,888
Improvement market value
$755,112
Total market value
$1,065,000
Applied tax rate
1,910.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
30,000 SF
Lot
2.02 ac (87,991 SF)
APN
19-09-09-403-015
UPID
US28-5397573
Jurisdiction
WILL
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
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Omar & Sons Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
21243 PRESTANCIA DR, MOKENA, IL 60448-8401
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
$3,140,000
Omar & Sons Management LLC
9700 Building LLC
Warranty Deed
—
Jan 8, 2018
—
9700 Building LLC
—
Grant Deed
related
$5,950,000 · Lincolnway Cmnty Bk
Apr 7, 2014
—
9700 Building LLC
Murray Investments INC
Warranty Deed
—
Oct 8, 2013
$425,000
Murray Investments INC
Husky Lake Acquisition I LLC
Warranty Deed
—
Jul 2, 2013
$285,000
Husky Lake Acquisition I LLC
Ibt Holdings LLC Series I
Quit Claim Deed
related
$2,784,100 · Inland Bank & Trust
Oct 2, 2006
—
Southwest Land Developers INC
Trust 10541
Grant Deed
$2,250,000 · Inland Bank & Trust
Oct 10, 2001
$1,750,000
Newman Development LLC
—
Grant Deed
related
—
May 25, 2000
—
Financial Fed'l Tr
Southwest Land Developers INC
Grant Deed
related
$1,750,000 · Success National Bank
—
—
Southwest Land Developers INC
—
Deed Of Trust
related
$200,000 · Bank Of Homewood
—
—
Southwest Land Developers INC
—
Deed Of Trust
related
$1,440,000 · Covest Banc NA
—
—
Southwest Land Developers INC
—
Deed Of Trust
related
$100,000 · Bank Of Homewood
—
—
Bank Financial Fsb
—
Deed Of Trust
related
$610,083 · Marquette Bank
—
—
Southwest Land Developers INC
—
Deed Of Trust
related
$150,000 · Equity Opportunity Group Ltd
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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