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Property profile & analytics
OFF-MARKET
Residential income homes
1036 Arnold Ct, Des Plaines, IL 60016-9740
Individually Owned
3-yr Hold
Property ID
US28-5791054
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,950 SF
Lot
0.18 ac (7,950 SF)
APN
08-24-111-035
UPID
US28-5791054
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
Anthony Faraci · 3 yrs held
Anthony Faraci
since 2023
Last sale
$427,500
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 Des Plaines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Plaines 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
$10,617
Tax year 2022
Assessed value
$43,824
Assessed 2022
Previous assessed
$43,824
+0.0% YoY
Effective rate
24.23%
On assessed value
Assessed land
$7,155
Assessed improvement
$36,669
Land market value
$71,550
Improvement market value
$366,690
Total market value
$438,240
Applied tax rate
16,042.0000
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Units
3
Bathrooms
5
Total area
2,950 SF
Lot
0.18 ac (7,950 SF)
APN
08-24-111-035
UPID
US28-5791054
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Bathrooms
5
Lot
0.18 ac
Current owner
From public records · entity-resolved
Anthony Faraci
Individual
Mailing address
134 S BOBBY LN, MT PROSPECT, IL 60056-2965
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2023
—
Anthony Faraci
Anthony Faraci
Intrafamily Transfer
related
$343,000 · United Wholesale Mortgage
May 27, 2004
$427,500
Peter Faraci
Wolf,richard E
Grant Deed
$342,000 · Rbc Mortgage Co
Feb 24, 1998
$285,000
Richard E Wolf
Lee,yung F & Myung Y
Grant Deed
—
—
—
Richard E Wolf
—
Deed Of Trust
related
$228,000 · Clybourn Financial Serv
—
—
Richard E Wolf
—
Deed Of Trust
related
$236,500 · Washtenaw Mortgage Co
—
—
Richard E Wolf
—
Deed Of Trust
related
$228,000 · Provident Mortgage
—
—
Richard E Wolf
—
Deed Of Trust
related
$86,000 · Bank Of America
—
—
Richard E Wolf
—
Deed Of Trust
related
$280,000 · Chicago United Mortgage INC
—
—
Frank Faraci
—
Deed Of Trust
related
$48,500 · American Brokers Conduit
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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