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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Retail space
10255 Harlem Ave 59, Chicago Ridge, IL 60415-1347
Entity Owned
~
Est. High Equity
Property ID
US28-2555745
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Lot
0.59 ac (25,877 SF)
APN
24-07-307-015
UPID
US28-2555745
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
$2.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
10259 Re LLC
10259 Re LLC
since 2025
Last sale
$2.5M
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 Chicago Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago Ridge 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
$2,350,000
ML approach
$2,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10% · vs last sale $2.50M (Jan 10 2023)
Last sale anchor
$2.50M
Jan 10 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
—
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
$86,586
Tax year 2022
Assessed value
$218,951
Assessed 2022
Previous assessed
$218,951
+0.0% YoY
Effective rate
39.55%
On assessed value
Assessed land
$55,005
Assessed improvement
$163,946
Land market value
$220,020
Improvement market value
$655,784
Total market value
$875,804
Applied tax rate
39,181.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Heating
NONE
Stories
1
Lot
0.59 ac (25,877 SF)
APN
24-07-307-015
UPID
US28-2555745
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
1967
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
10259 Re LLC
Entity
Mailing address
7330 N CICERO AVE, LINCOLNWOOD, IL 60712-1614
Ownership since
2025
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
Jul 15, 2025
$2,535,000
10259 Re LLC
Kalogerakos Family Properties II Ll
Special Warranty Deed
$1,272,688 · Old National Bank
Jan 10, 2023
$2,500,000
Hallmark Hospitality LLC
R&k Partnership
Deed
$1,850,000 · R&k Star Partnership
Dec 21, 2022
—
R & K Star Partnership
Chicago Title Land Trust Company
Deed
—
Jun 15, 2020
$2,182,000
Kalogerakos Fam Prop II LLC
Glazier Project LLC
Grant Deed
$1,745,000 · Gold Coast Bk
May 21, 2019
—
Glazier Project LLC-chicago Ri
Village Of Chicago Ridge
Grant Deed
related
$1,457,100 · Mb Fin'l Bk
Feb 26, 2016
—
Village Of Chicago Ridge
Trust 1-3031
Grant Deed
related
—
Jul 31, 2013
$1,215,500
Arc Cafeusa001 LLC
Cnl Apf Partners LP
Grant Deed
—
Jan 21, 1999
—
Worth Bank & Trust Co Trustee
—
Deed Of Trust
related
$1,850,000 · Old Second Nat'l Bank Aurora
—
—
Worth Bank & Trust Co Trustee
—
Deed Of Trust
related
$150,000 · Old Second Nat'l Bank Aurora
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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