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Property profile & analytics
OFF-MARKET
Residential income homes
1205 Davis St, Arlington Heights, IL 60005-2131
Individually Owned
16-yr Hold
Property ID
US28-0179177
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,541 SF
Lot
0.16 ac (7,095 SF)
APN
03-32-226-001
UPID
US28-0179177
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
Christopher Leifheit · 16 yrs held
Christopher Leifheit
since 2009
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 Arlington Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington Heights 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
$11,227
Tax year 2022
Assessed value
$46,000
Assessed 2022
Previous assessed
$46,000
+0.0% YoY
Effective rate
24.41%
On assessed value
Assessed land
$7,095
Assessed improvement
$38,905
Land market value
$70,950
Improvement market value
$389,050
Total market value
$460,000
Applied tax rate
38,023.0000
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
3
Units
2
Bathrooms
3
Total area
3,541 SF
Lot
0.16 ac (7,095 SF)
APN
03-32-226-001
UPID
US28-0179177
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
3
Units
2
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Christopher Leifheit
Individual
Mailing address
1205 E DAVIS ST, ARLINGTON HEIGHTS, IL 60005-2131
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Sep 4, 2009
$298,000
Christopher Leifheit
Stoja,jon & Erminija
Warranty Deed
$298,000 · Community Savings Bank
Aug 23, 2006
$415,000
Jon Stoja
Lind,michael L
Warranty Deed
—
Nov 18, 2003
$360,000
Michael L Lind
Souled Out Ministries INC
Grant Deed
$322,000 · New Equity Dimensions Ltd
Nov 24, 1997
—
Souled Out Ministries INC
Jedziniak,ronald & Charlene
Grant Deed
$207,000 · First American Savings Bank
—
—
Jon Stoja
—
Deed Of Trust
related
$315,000 · Community Savings Bank
—
—
Souled Out Ministries INC
—
Deed Of Trust
related
$50,000 · First American Savings Bank
—
—
Michael L Lind
—
Deed Of Trust
related
$322,000 · World Savings Bank
—
—
Souled Out Ministries INC
—
Deed Of Trust
related
$27,452 · First American Savings 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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