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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Industrial properties
9860 Clearvue Ct Mokena, IL 60448-8954
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5911371
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Construction
STEEL FRAME
Total area
39,450 SF
Lot
1.93 ac (84,071 SF)
APN
19-09-09-205-015
UPID
US28-5911371
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
-
Elfco Inc Building Supply Construction Company
-
Colony Hardware Corporation Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.02M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.81M
Owner & transaction history
Sallee Real Estate Investments LLC · 3 yrs held
Sallee Real Estate Investments LLC
since 2023
Last sale
$2.8M
6 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
Method
Estimation
Statistic approach
$3,235,000
ML approach
$3,020,000
CAP Approach
CAP Return
Estimation
6%
$2,830,000
6.5%
$2,615,000
7%
$2,425,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,770,000
Current use
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10% · vs last sale $2.79M (May 11 2023)
Last sale anchor
$2.79M
May 11 2023
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
$71 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$71,692
Tax year 2023
Assessed value
$755,742
Assessed 2023
Previous assessed
$755,742
+0.0% YoY
Effective rate
9.49%
On assessed value
Assessed land
$100,782
Assessed improvement
$654,960
Land market value
$302,346
Improvement market value
$1,964,880
Total market value
$2,267,226
Applied tax rate
1,945.0000
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
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
39,450 SF
Lot
1.93 ac (84,071 SF)
APN
19-09-09-205-015
UPID
US28-5911371
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
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
2006
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Sallee Real Estate Investments LLC
Entity
Mailing address
1951 NE RICE RD, LEES SUMMIT, MO 64064-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
—
Sallee Commercial I LLC
—
Deed
related
$26,350,000 · Ameritas Life Insurance Corp
May 11, 2023
$4,100,000
Sallee Real Estate Investments LLC
Southwest Partners LLC
Special Warranty Deed
$2,870,000 · Emprise Bank
Feb 27, 2006
$2,794,500
Southwest Partners LLC
Becknell Development LLC
Warranty Deed
$2,235,600 · Great Lakes Bank NA
Jul 15, 2005
—
Becknell Dev LLC
Heemstra,john R & Lori
Warranty Deed
—
Jul 15, 2005
$371,000
Becknell Dev LLC
Heemstra Richard Trust
Warranty Deed
—
Jul 18, 2003
$117,500
Nicholas J Semedalas
Heemstra,john
Grant Deed
—
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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