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Property profile & analytics
OFF-MARKET
Retail residential properties
171 Oak Park Ave Oak Park, IL 60302-5125
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-1274614
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1922
Lot
0.32 ac (14,100 SF)
APN
16-07-306-018
UPID
US28-1274614
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
-
Collaboration for Early Childhood Charitable Organization Social Service Agency
-
Easterseals Partnering with Parents Social Service Agency Charitable Organization
-
Visions Business Solutions IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Kuehn Angelika Law Firm
-
The Learning League High School
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
Greenplan Soak LLC · 8 yrs held
Greenplan Soak LLC
since 2017
5 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 Oak Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Park 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
$66,934
Tax year 2022
Assessed value
$174,307
Assessed 2022
Previous assessed
$174,307
+0.0% YoY
Effective rate
38.40%
On assessed value
Assessed land
$35,250
Assessed improvement
$139,057
Land market value
$352,500
Improvement market value
$1,390,570
Total market value
$1,743,070
Applied tax rate
27,001.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1922
Heating
NONE
Lot
0.32 ac (14,100 SF)
APN
16-07-306-018
UPID
US28-1274614
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
1922
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
Greenplan Soak LLC
Entity
Mailing address
41 CHICAGO AVE, OAK PARK, IL 60302-2444
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
—
Greenplan Soak LLC
—
Deed
related
$1,750,000 · Jpmorgan Chase Bank NA
Nov 21, 2017
—
Greenplan Soak LLC
Soak Partners
Quit Claim Deed
related
$1,430,000 · Jpmorgan Chase Bank NA
Sep 14, 2006
$1,166,000
Soak Partners
South Oak Taylor General Ptshp
Warranty Deed
—
Dec 10, 1997
—
South Oak Taylor Partnership
Irwin,lawrence B
Grant Deed
$1,900,000 · Merrill Lynch Credit Corp
—
—
Soak Partners
—
Deed Of Trust
related
$1,204,000 · J P Morgan Chase 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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