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Property profile & analytics
OFF-MARKET
Garden apartment buildings
9713 Lorraine Dr, Countryside, IL 60525-7911
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US28-1915723
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1966
Lot
0.52 ac (22,491 SF)
APN
18-16-213-040
UPID
US28-1915723
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
Protege Investments INC · 13 yrs held
Protege Investments INC
since 2013
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 Countryside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Countryside 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
$19,902
Tax year 2022
Assessed value
$79,099
Assessed 2022
Previous assessed
$79,099
+0.0% YoY
Effective rate
25.16%
On assessed value
Assessed land
$17,992
Assessed improvement
$61,107
Land market value
$179,920
Improvement market value
$611,070
Total market value
$790,990
Applied tax rate
21,011.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
NONE
Lot
0.52 ac (22,491 SF)
APN
18-16-213-040
UPID
US28-1915723
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
1966
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
Protege Investments INC
Entity
Mailing address
8550 S HARLEM AVE STE G, BRIDGEVIEW, IL 60455-1775
Ownership since
2013
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
Sep 30, 2022
—
Protege Investments Incorporated
—
Deed
related
$780,000 · Bankfinancial Fsb
Jan 18, 2017
—
Protege Investments INC
—
Deed
related
$606,500 · Jp Morgan Chase Bk
Feb 7, 2013
$630,000
Protege Investments INC
Lorraine Countryside LLC
Special Warranty Deed
$504,000 · First National Bank Of Brookfield
Feb 22, 2011
—
Lorraine Countryside LLC
Oxford Bk & Trust
Quit Claim Deed
related
—
Feb 29, 2008
—
Trust 1-3109
Trust 3980
Quit Claim Deed
related
$860,000 · Oxford Bank & Trust
Mar 11, 2003
—
Western Springs Natl Bank Ttee
Western Springs Natl Bank Ttee
Quit Claim Deed
related
$640,000 · West Bank
—
—
Western Springs Nat'l Bk Ttee
—
Deed Of Trust
related
$85,201 · First National Bank Brookfield
—
—
Western Springs Natl Bk Ttee
—
Deed Of Trust
related
$510,000 · Mid America Bank Fsb
—
—
Protege Investments INC
—
Deed Of Trust
related
$606,500 · Jp Morgan Chase Bk
—
—
Western Springs Natl Bank Ttee
—
Deed Of Trust
related
$110,718 · First National Bank Brookfield
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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