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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Residential income homes
9735 Ravinia Ct 1W, Orland Park, IL 60462-2596
Entity Owned
4-yr Hold
Property ID
US28-5910666
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1971
Construction
FRAME
Total area
3,735 SF
Lot
0.23 ac (9,996 SF)
APN
27-09-213-039
UPID
US28-5910666
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
$570k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$540k
Owner & transaction history
Aasa Real Estate LLC · 4 yrs held
Aasa Real Estate LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$820,000
+37.5%
Commercial (general)
$735,000
+23.0%
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 Orland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orland 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
Method
Estimation
Statistic approach
$575,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$595,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$555,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$500,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $500k (Mar 9 2022)
Last sale anchor
$500k
Mar 9 2022
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
$145 / SF
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
$12,397
Tax year 2022
Assessed value
$41,384
Assessed 2022
Previous assessed
$41,384
+0.0% YoY
Effective rate
29.96%
On assessed value
Assessed land
$4,748
Assessed improvement
$36,636
Land market value
$47,480
Improvement market value
$366,360
Total market value
$413,840
Applied tax rate
28,011.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
4
Bathrooms
5
Total area
3,735 SF
Lot
0.23 ac (9,996 SF)
APN
27-09-213-039
UPID
US28-5910666
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$735,000
RETAIL STORES
Est. value
$555,000
OFFICE BUILDING
Est. value
$500,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Aasa Real Estate LLC
Entity
Mailing address
1135 HANNAH AVE, FOREST PARK, IL 60130-2816
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
—
Aasa Real Estate LLC
Stanley Awenlimobor
Quit Claim Deed
related
—
Apr 29, 2021
$500,000
Stanley Awenlimobor
Pakat Group LLC
Warranty Deed
$375,000 · Better Mortgage Corporation
Sep 28, 2017
$405,000
Pakat Group LLC
Mfm Real Estate LLC
Warranty Deed
$303,750 · Bank Of The West
Jul 11, 2017
—
Mfm Real Estate LLC
Mullarkey,michael
Quit Claim Deed
related
—
Jun 19, 2013
—
Michael Mullarkey
Mdm Associates LLC
Quit Claim Deed
related
$280,000 · Wintrust Mortgage Corp
Jul 27, 2005
—
Mdm Associates LLC
Mullarkey,michael & Dana
Warranty Deed
related
—
Jul 22, 2004
$408,000
Michael Mullarkey
Okeefe Rose M
Grant Deed
$322,700 · Fifth Third Mortgage Co
Nov 17, 2003
$409,000
Michael Mullarkey
Okeefe,rose M Est
Grant Deed
$322,700 · Fifth Third Mortgage Co
—
—
Rose M O'keefe
—
Deed Of Trust
related
$180,000 · Chase Manhattan Mortgage Corp
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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