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    The Largest CRE Database in the US with Over 1 Million Listings

    Matthew Tarshis

    License ID: 475155035

    Service Locations

    Illinois

    Michigan

    Contact details

    Performance

    Listings
    73

    Listings

    For Sale (16)

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      11,522 SF

      West Loop Retail Investment Opportunity

      Chicago Retail Building - 11,522 SF, 100% Occupied
      769-775 Jackson St, Chicago, IL 60661
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    • Contact for pricing
      13,000 SF

      Belmont Ave Flex Space Investment

      Chicago Flex Warehouse, Value-Add Opportunity
      3743 Belmont Ave, Chicago, IL 60618
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    • Contact for pricing
      0.59 Acres

      Wheaton Retail Pad Opportunity

      High-traffic location, flexible options.
      2031 Gary Ave, Wheaton, IL 60187
      View Details
    • Contact for pricing
      45,018 SF

      Lake Bluff Office Center Investment

      Prime North Shore Office Complex, High NOI
      900 Shr Dr, Lake Bluff, IL 60044
      View Details
    • $725,000
      12,000 SF

      West Harrison Street Warehouse

      12,000 SF Industrial Building, Chicago
      2738 Harrison St, Chicago, IL 60612
      View Details
    • Contact for pricing
      7,500 SF

      Wicker Park Mixed-Use Investment

      7,500 SF, Chicago Retail Opportunity
      1659 Division St, Chicago, IL 60622
      View Details
    • Contact for pricing
      10,590 SF

      Schaumburg Office Building Investment

      10,590 SF Office Building, 80% Occupied
      919 Plum Grove Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      53,000 SF

      Chicago Warehouse: 53,000 SF

      Industrial warehouse, Chicago, IL. Excellent location.
      3421-3433 48Th Pl, Chicago, IL 60632
      View Details
    • Contact for pricing
      1.79 Acres

      Westmont Commercial Land - 1.79 Acres

      Prime Westmont commercial lot, high visibility.
      6120 Cass Ave, Westmont, IL 60559
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    • Contact for pricing
      50,984 SF

      Capital Square Shopping Center

      Grocery-anchored retail center, Battle Creek, MI
      1583 Capital Ave, Battle Creek, MI 49017
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    • Contact for pricing
      20,392 SF

      Chicago Retail Center Investment

      Fully Leased, High-Traffic Shopping Center
      2301-2323 95Th St, Chicago, IL 60643
      View Details
    • Contact for pricing
      18,723 SF

      Ravenswood Executive Office Building

      18,723 SF Office, Prime Location
      1821 Berteau Ave, Chicago, IL 60613
      View Details
    • $640,000
      2,900 SF

      Lincoln Park Retail Condo - $640K

      2,900 SF Retail Space, Prime Location
      2000 Clifton Ave, Chicago, IL 60614
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    • $4,000,000
      10,880 SF

      Chicago Retail Investment Opportunity

      CVS-Leased Portage Park Property
      4777 Milwaukee Ave, Chicago, IL 60630
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    • Contact for pricing
      75,372 SF

      Lincolnshire Theater Redevelopment

      75,000 SF former movie theater, prime location.
      300 Parkway Dr, Lincolnshire, IL 60069
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    • Contact for pricing
      59,884 SF

      South Loop Retail Space, Chicago

      Prime Retail, 59,884 SF, 175 Parking Spaces
      600 Clark St, Chicago, IL 60605
      View Details

    For Lease (57)

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      28,989 SF

      Prime Chicago Retail Space

      2019 Construction, 5,838 SF Available
      6418 Sheridan Rd, Chicago, IL 60626
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    • Contact for pricing
      47,863 SF

      Deerpath Plaza Office Suites

      Lake Forest Executive Office Space
      225 Deerpath Rd, Lake Forest, IL 60045
      View Details
    • Contact for pricing
      60,427 SF

      Naperville Retail Space Available

      High-traffic retail center, 5 spaces available
      3125 Route 59, Naperville, IL 60564
      View Details
    • Contact for pricing
      19,600 SF

      River North Park Office Suites

      Chicago Office Space: Prime River North Location
      320 Illinois St, Chicago, IL 60654
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    • Contact for pricing
      13,618 SF

      Crossroads at Briargate Office Suites

      South Elgin Executive Office Space Available
      456-467 Redington Dr, South Elgin, IL 60177
      View Details
    • Contact for pricing
      121,014 SF

      River North Commercial Space

      8,604 SF Restaurant/Office Space
      325 Huron St, Chicago, IL 60654
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    • Contact for pricing
      61,639 SF

      1103-1155 State St

      Retail properties • 61,639 SF
      1103-1155 State St, Chicago, IL 60605
      View Details
    • Contact for pricing
      6,900 SF

      Lakeview East Retail Space For Lease

      6,900 SF, High-Visibility Retail Building
      3215 Broadway St, Chicago, IL 60657
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    • Contact for pricing
      159,145 SF

      River Oaks West Retail Space

      Calumet City Shopping Center Opportunity
      1699 River Oaks Dr, Calumet City, IL 60409
      View Details
    • Contact for pricing
      86,392 SF

      Belleville Crossing

      Retail properties • 86,392 SF
      5701-5875 Belleville Crossing St, Belleville, IL 62226
      View Details
    • Contact for pricing
      193,376 SF

      Westgate Shopping Center: Retail Space

      Arlington Heights retail space, high traffic area.
      1531-1711 Campbell St, Arlington Heights, IL 60005
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    • Contact for pricing
      13,500 SF

      Schaumburg Retail Space Available

      Prime 1,500 SF Retail Space in Schaumburg, IL
      100 Golf Rd, Schaumburg, IL 60173
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    • Contact for pricing
      68,673 SF

      West Loop Executive Office Space

      Chicago Office: 3,105 SF Available
      833 Jackson Blvd, Chicago, IL 60607
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    • Contact for pricing
      70,949 SF

      Windmill Lakes Retail Space

      Batavia, IL retail center: 5 suites available.
      3- Randall Rd, Batavia, IL 60510
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    • Contact for pricing
      24,314 SF

      Lincoln Park Executive Office Space

      Prime Chicago location, 2,375 sq ft available
      2001 Clybourn Ave, Chicago, IL 60614
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    • Contact for pricing
      142,398 SF

      Round Lake Beach Retail Space

      High-traffic retail space available.
      270 Rollins Rd, Round Lake Beach, IL 60073
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    • $21 SF/Yr
      5,000 SF

      Palatine Retail Space Available

      7-Eleven anchored center, 2,400 sq ft.
      753 Palatine Rd, Palatine, IL 60067
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    • Contact for pricing
      265,062 SF

      West Fullerton Ave Retail Space

      Lincoln Park retail space available. High-traffic location.
      1237 Fullerton Ave, Chicago, IL 60614
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    • Contact for pricing
      160,114 SF

      Bannockburn Green Retail Space

      Grocery-anchored retail center, 14 spaces available.
      2501-2585 Waukegan Rd, Bannockburn, IL 60015
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    • Contact for pricing
      72,018 SF

      West Loop Retail Space for Lease

      Prime Chicago location, 1,500 SF available
      118 Clinton St, Chicago, IL 60661
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    • Contact for pricing
      11,604 SF

      Prime Chicago Retail Space

      Noble Square storefront, high traffic
      1152 Milwaukee Ave, Chicago, IL 60642
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    • Contact for pricing
      78,286 SF

      Lincolnshire Retail Space Available

      Prime Retail, Multiple Units, Lake County
      255-295 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      76,955 SF

      Charlestowne Mall Retail Space

      High-traffic St. Charles retail opportunity.
      3700 Main St, St. Charles, IL 60174
      View Details
    • Contact for pricing
      11,000 SF

      Wicker Park Retail Space Available

      700 SF Storefront, Prime Location
      1704 Milwaukee Ave, Chicago, IL 60647
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    • Contact for pricing
      38,640 SF

      Lincoln Park Retail Space for Lease

      Prime Chicago location, flexible layout
      1901 Clybourn Ave, Chicago, IL 60614
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    • Contact for pricing
      48,750 SF

      Lincoln Park Office Space For Lease

      Prime Lincoln Park location, 4,112 sq ft available
      1332 Halsted St, Chicago, IL 60642
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    • Contact for pricing
      10,880 SF

      Milwaukee Ave Retail Opportunity

      10,880 SF Freestanding Building, Chicago
      4777 Milwaukee Ave, Chicago, IL 60630
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    • $24 SF/Yr
      70,345 SF

      Holiday Plaza Retail Space Available

      Harwood Heights, IL Strip Center - 70,345 SF
      4747 Harlem Ave, Harwood Heights, IL 60706
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    • Contact for pricing
      135,000 SF

      555 Madison St

      Restaurants • 135,000 SF
      555 Madison St, Chicago, IL 60661
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    • Contact for pricing
      27,528 SF

      Wicker Park Retail Space Available

      Prime Chicago location, 3,000 sq ft storefront.
      2740 North Ave, Chicago, IL 60647
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    • $36 SF/Yr
      2,900 SF

      Lincoln Park Retail Space For Lease

      Prime Lincoln Park storefront, 2900 sq ft.
      2000 Clifton Ave, Chicago, IL 60614
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    • Contact for pricing
      143,424 SF

      Townline Square Retail Space

      Mundelein, IL: Restaurant & Retail
      1501 Lake St, Mundelein, IL 60060
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    • Contact for pricing
      683,129 SF

      Loop Retail Space Available

      Prime Chicago storefront, 1,274 sq ft
      200 Adams St, Chicago, IL 60606
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    • Contact for pricing
      11,604 SF

      Libertyville Retail Space Available

      Prime Libertyville location, multiple spaces.
      1015-1047 Milwaukee Ave, Libertyville, IL 60048
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    • Contact for pricing
      6,250 SF

      Plaza Verde West Retail Space

      New 6,250 SF retail building in Buffalo Grove, IL
      1355 Dundee Rd, Buffalo Grove, IL 60089
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    • Contact for pricing
      16,000 SF

      Logan Square Retail Space For Lease

      1,800 SF End Cap, High Visibility
      2247 Milwaukee Ave, Chicago, IL 60647
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    • Contact for pricing
      6,259 SF

      Wicker Park Retail Space Available

      950 SF storefront, prime Division St. location
      2110 Division St, Chicago, IL 60622
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    • Contact for pricing
      39,379 SF

      Dunbrook Shopping Center Retail Space

      Northbrook retail center: prime location, multiple suites.
      2720-2780 Dundee Rd, Northbrook, IL 60062
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    • Contact for pricing
      16,270 SF

      Downtown Highland Park Retail Space

      Prime retail space, multiple suites available
      445 Central Ave, Highland Park, IL 60035
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    • Contact for pricing
      141,702 SF

      Downers Grove Retail Space

      High-traffic retail space available.
      7401 Lemont Rd, Downers Grove, IL 60516
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    • Contact for pricing
      134,220 SF

      Loop Retail Space: Iconic Location

      Prime Chicago Retail, 4,700 SF Available
      105 Madison St, Chicago, IL 60602
      View Details
    • Contact for pricing
      111,312 SF

      2102 Neil St

      Neighborhood centers • 111,312 SF
      2102 Neil St, Champaign, IL 61820
      View Details
    • Contact for pricing
      122,422 SF

      Elston Ave Retail Space

      Chicago Mixed-Use Retail Opportunity
      2211 Elston Ave, Chicago, IL 60614
      View Details
    • Contact for pricing
      75,372 SF

      Lincolnshire Theater Space Available

      75,000 SF Former IMAX Theater - Lease
      300 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      10,355 SF

      Prime Lakeview Retail Space

      High-Visibility Sheridan Road Retail
      3956 Sheridan Rd, Chicago, IL 60613
      View Details
    • $25 SF/Yr
      18,055 SF

      Lombard Retail Space Available

      High-traffic Lombard retail space for lease
      2770 Highland Ave, Lombard, IL 60148
      View Details
    • Contact for pricing
      93,903 SF

      Lake Bluff Office Space Available

      Class B Office, 35,000 SF Sublease
      101 Waukegan Rd, Lake Bluff, IL 60044
      View Details
    • $18 SF/Yr
      13,000 SF

      Belmont Ave Flex Space, Chicago

      13,000 SF Flex/Retail Space in Avondale
      3743 Belmont Ave, Chicago, IL 60618
      View Details
    • Contact for pricing
      483,340 SF

      Loop Retail Space: 4,175 SF

      Prime Chicago Loop retail space. High-traffic location.
      200 Jackson Blvd, Chicago, IL 60606
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    • Contact for pricing
      12,000 SF

      Gurnee Retail Space For Lease

      High-traffic location, 1,901 sq ft available.
      7010 Grand Ave, Gurnee, IL 60031
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    • Contact for pricing
      95,267 SF

      West Loop Executive Office Space

      6,116 SF, prime West Loop location
      322 Green St, Chicago, IL 60607
      View Details
    • Contact for pricing
      630,000 SF

      Lake & Wells Retail Spaces

      Chicago Loop Retail Opportunity
      210 Wells St, Chicago, IL 60606
      View Details
    • $28 SF/Yr
      26,998 SF

      Elmhurst Retail Space Available

      Prime Elmhurst location, 8,318 SF available
      623 North Ave, Elmhurst, IL 60126
      View Details
    • Contact for pricing
      26,400 SF

      Bloomington Shoppes Retail Space

      Prime Retail Space in Bloomington, IL
      2243 Westgate Dr, Bloomington, IL 61705
      View Details
    • Contact for pricing
      41,000 SF

      Skokie Blvd Retail Space

      Prime Skokie retail, 2 spaces available.
      8025 Skokie Blvd, Skokie, IL 60077
      View Details
    • Contact for pricing
      50,180 SF

      Highland Park Executive Office Suite

      9,000 SF Class A Office Space for Lease
      1850 2Nd St, Highland Park, IL 60035
      View Details
    • Contact for pricing
      38,640 SF

      Lincoln Park Executive Office Space

      Prime Chicago location, 5,000 SF available
      1925 Clybourn Ave, Chicago, IL 60614
      View Details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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