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Property profile & analytics
OFF-MARKET
Gas stations
1740 Dempster St, Mount Prospect, IL 60056-4802
Entity Owned
6-yr Hold
Free & Clear
Property ID
US28-5827209
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1997
Lot
0.65 ac (28,443 SF)
APN
08-15-400-042
UPID
US28-5827209
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
-
Shell Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Bitcoin ATM Mount Prospect - Coinhub Currency Exchange Service Atm
-
LibertyX Bitcoin ATM Atm
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
Mahalakshmi Holdings LLC · 6 yrs held
Mahalakshmi Holdings LLC
since 2019
6 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 Mount Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Prospect 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
$78,275
Tax year 2022
Assessed value
$312,873
Assessed 2022
Previous assessed
$293,473
+6.6% YoY
Effective rate
25.02%
On assessed value
Assessed land
$106,661
Assessed improvement
$206,212
Land market value
$426,644
Improvement market value
$824,848
Total market value
$1,251,492
Applied tax rate
16,048.0000
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
1997
Heating
NONE
Lot
0.65 ac (28,443 SF)
APN
08-15-400-042
UPID
US28-5827209
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
1997
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
Mahalakshmi Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7227 N KEELER AVE, LINCOLNWOOD, IL 60712-2020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2019
$875,000
Mahalakshmi Holdings LLC
Dempster & Algonquin LLC
Grant Deed
related
—
Feb 26, 2003
$1,862,000
Dempster & Algonquin LLC
Midwest 1740 Dempster LLC
Grant Deed
related
$1,368,750 · Bank Financial Fsb
Jul 20, 1998
—
Parkway Bk & Tr Trustee
Parkway Bk & Tr Trustee
Quit Claim Deed
related
$493,500 · Parkway Bank & Trust
—
—
Dempster & Algonquin LLC
—
Loan Modification
related
$1,137,990 · Bankfinancial Fsb
—
—
Midwest 1740 Dempster LLC
—
Deed Of Trust
related
$215,210 · Parkway Bank & Trust Co
—
—
Dempster & Algonquin LLC
—
Deed Of Trust
related
$1,255,989 · Bank Financial Fsb
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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