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Property profile & analytics
OFF-MARKET
Retail space
1585 Ellinwood Ave Des Plaines, IL 60016-4510
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-2764886
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1964
Lot
0.19 ac (8,250 SF)
APN
09-17-421-033
UPID
US28-2764886
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
Dz 1585 LLC · 6 yrs held
Dz 1585 LLC
since 2020
Last sale
$133,000
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
$31,135
Tax year 2022
Assessed value
$120,998
Assessed 2022
Previous assessed
$110,466
+9.5% YoY
Effective rate
25.73%
On assessed value
Assessed land
$28,875
Assessed improvement
$92,123
Land market value
$115,500
Improvement market value
$368,492
Total market value
$483,992
Applied tax rate
22,017.0000
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
1964
Heating
NONE
Lot
0.19 ac (8,250 SF)
APN
09-17-421-033
UPID
US28-2764886
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
1964
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
Dz 1585 LLC
Entity
Mailing address
102 MAIN ST STE #200, PARK RIDGE, IL 60068-4028
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
Dz 1585 LLC
—
Deed
related
$600,000 · Itasca Bank & Trust Co
Jan 30, 2020
$880,000
Dz 1585 LLC
1585 Ellinwood LLC
Warranty Deed
related
$660,000 · Republic Bk/chicago
Jul 27, 2004
$133,000
Krzysztof Fudala
Trust 2658
Grant Deed
—
Jul 15, 2004
—
David G Madsen
—
Trustees Deed
related
$117,520 · Prairie Bank & Trust Co
Jul 2, 2004
$330,000
Krzysiak Zbigniew
Trust 2658
Grant Deed
—
Jul 2, 2004
—
Andrzej Nykaza
—
Trustees Deed
related
$88,800 · Midamerica Fsb
Oct 15, 2002
$895,000
1585 Ellinwood LLC
Van Stockum,tr
Grant Deed
$671,250 · Metropolitan Bank & Trust Co
—
—
Marina Skersyte
—
Deed Of Trust
related
$97,400 · Delaware Place Bank
—
—
Trinity Custom Builders INC
—
Deed Of Trust
related
$100,000 · Old Second National Bank
—
—
1585 Ellinwood LLC
—
Deed Of Trust
related
—
—
—
Leo Wilczek
—
Deed Of Trust
related
$109,130 · Midamerica Fsb
—
—
Leo Wilczek
—
Deed Of Trust
related
$115,430 · Midamerica Fsb
—
—
Vigimanta Smith
—
Deed Of Trust
related
$97,400 · Delaware Place Bank
—
—
1585 Ellinwood LLC
—
Deed Of Trust
related
$780,000 · Chencinski Janet Trust (rt)
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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