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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Retail space
1533 Ashland Ave 35 Chicago, IL 60622-2228
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-2410548
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1909
Total area
9,800 SF
Lot
0.12 ac (5,184 SF)
APN
17-05-100-009
UPID
US28-2410548
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
-
Euro Auto Plex, Inc. Chicago's Best in European & Foreign Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
1533 N Ashland LLC · 4 yrs held
1533 N Ashland LLC
since 2022
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$37,659
Tax year 2022
Assessed value
$178,080
Assessed 2022
Previous assessed
$178,080
+0.0% YoY
Effective rate
21.15%
On assessed value
Assessed land
$25,920
Assessed improvement
$152,160
Land market value
$103,680
Improvement market value
$608,640
Total market value
$712,320
Applied tax rate
77,068.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1909
Heating
NONE
Stories
2
Total area
9,800 SF
Lot
0.12 ac (5,184 SF)
APN
17-05-100-009
UPID
US28-2410548
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
1909
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
1533 N Ashland LLC
Entity
Mailing address
1531 N ASHLAND AVE, CHICAGO, IL 60622-2228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
—
1533 N Ashland LLC
Chicago Title Land Trust Company
Deed
—
Sep 26, 2019
—
Trust No 102751-05
—
Deed
related
—
Feb 23, 2018
—
Trust 102751-05
—
Deed
related
—
Aug 4, 2016
—
Trust 102751-05
—
Deed
related
$250,000 · Lakeside Bk
—
—
Trust 102751-05
—
Loan Modification
related
—
—
—
Trust No 102751-05
—
Loan Modification
related
—
—
—
Trust 102751-05
—
Loan Modification
related
$250,000 · Lakeside Bk
—
—
Trust 102751-05
—
Loan Modification
related
—
—
—
Trust 102751-05
—
Loan Modification
related
—
—
—
Trust 102751-05
—
Loan Modification
related
—
—
—
Trust 102751-05
—
Loan Modification
related
—
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$280,000 · Lasalle National 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.
Try Rey
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