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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Gas stations
1201 Central Ave, Chicago, IL 60651-1248
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-3146415
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1971
Total area
2,400 SF
Lot
0.38 ac (16,520 SF)
APN
16-04-129-020
UPID
US28-3146415
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
-
MARATHON Gas Station
-
CENTRAL/DIVISION CITGO Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$570k
Owner & transaction history
Ahha Properties INC · 11 yrs held
Ahha Properties INC
since 2014
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago 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
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$238 / 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
$35,678
Tax year 2022
Assessed value
$173,460
Assessed 2022
Previous assessed
$173,460
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$26,845
Assessed improvement
$146,615
Land market value
$107,380
Improvement market value
$586,460
Total market value
$693,840
Applied tax rate
77,074.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.38 ac (16,520 SF)
APN
16-04-129-020
UPID
US28-3146415
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
1971
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Ahha Properties INC
Entity
Mailing address
1635 PALOMINO DR, AURORA, IL 60502-9664
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2014
—
Ahha Properties INC
Ats Central Citgo Corp
Grant Deed
related
—
Feb 3, 2005
$1,200,000
Ats Central Citgo Corp
Central & Devision Citgo INC
Warranty Deed
related
$1,050,000 · Unizan Bank NA
Aug 28, 2001
$205,000
Central & Division Citgo INC
Equilon Enterprises LLC
Grant Deed
$480,000 · American Chartered Bank
Aug 28, 2001
—
Equilon Enterprises LLC
Shell Oil Co
Grant Deed
related
—
—
—
Ats Central Citgo Corp
—
Deed Of Trust
related
$1,125,000 · Lakeside Bank
—
—
Ats Central Citgo Corp
—
Deed Of Trust
related
$413,965 · Lakeside Bank
—
—
Central & Division Citgo INC
—
Deed Of Trust
related
$30,000 · American Chartered Bank
—
—
Ats Central Citgo Corp
—
Loan Modification
related
$675,000 · Lakeside Bank
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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