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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Retail space
1822 Grand Ave Chicago, IL 60622-6721
Entity Owned
17-yr Hold
Free & Clear
Property ID
US28-0687523
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1966
Total area
19,400 SF
Lot
0.06 ac (2,400 SF)
APN
17-07-219-036
UPID
US28-0687523
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
-
Curated by SG Home Decor Store Furniture & Home Goods
-
Hapertas Wood and Wares Home Decor Store Department Store
-
archiveINK Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.01M
Owner & transaction history
1830 W Grand LLC · 17 yrs held
1830 W Grand LLC
since 2009
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$19,589
Tax year 2022
Assessed value
$95,240
Assessed 2022
Previous assessed
$95,240
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$12,000
Assessed improvement
$83,240
Land market value
$48,000
Improvement market value
$332,960
Total market value
$380,960
Applied tax rate
77,001.0000
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 space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1966
Heating
NONE
Stories
3
Total area
19,400 SF
Lot
0.06 ac (2,400 SF)
APN
17-07-219-036
UPID
US28-0687523
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
1966
Heating
NONE
Stories
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
1830 W Grand LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1819 W GRAND AVE STE #200, CHICAGO, IL 60622-8535
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
—
1830 West Grand LLC
—
Deed
related
$2,200,000 · American Cmnty Bk
Apr 1, 2011
—
1830 West Grand LLC
—
Deed Of Trust
related
$1,200,000 · Standard Insurance Co
Jun 25, 2009
$780,000
1830 W Grand LLC
Noslo Building LLC
Grant Deed
—
Aug 25, 2008
—
Noslo Building LLC
Noslo
Quit Claim Deed
related
—
—
—
1830 West Grand LLC
—
Deed Of Trust
related
$2,200,000 · American Cmnty Bk
—
—
1830 W Grand LLC
—
Deed Of Trust
related
$605,000 · North Community 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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