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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Retail space
1935 51st St Chicago, IL 60609-4846
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-1112468
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1958
Total area
7,800 SF
Lot
0.09 ac (3,750 SF)
APN
20-07-400-043
UPID
US28-1112468
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
-
Pequenos Giants Academy Child Care Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$575k
Owner & transaction history
Pequenos Giants Academy Child Care · 5 yrs held
Pequenos Giants Academy Child Care
since 2021
Last sale
$525,000
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 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
$590,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $525k (May 18 2021)
Last sale anchor
$525k
May 18 2021
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
$74 / 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
$11,281
Tax year 2022
Assessed value
$54,848
Assessed 2022
Previous assessed
$54,848
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$8,437
Assessed improvement
$46,411
Land market value
$33,748
Improvement market value
$185,644
Total market value
$219,392
Applied tax rate
72,094.0000
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
1958
Heating
NONE
Stories
2
Total area
7,800 SF
Lot
0.09 ac (3,750 SF)
APN
20-07-400-043
UPID
US28-1112468
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
1958
Heating
NONE
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Pequenos Giants Academy Child Care
Individual
Mailing address
5004 W 30TH PL, CICERO, IL 60804-3539
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
$525,000
Pequenos Giants Academy Child Care
1935 W 51st Street LLC
Warranty Deed
$435,000 · Self Help FCU
Mar 15, 2017
—
1935 W 51st Street LLC
—
Deed
related
$790,000 · Beverly Bk
Jun 27, 2012
—
1935 W 51st Street LLC
Jones,isaac JR & Mary
Warranty Deed
related
—
Nov 20, 2000
$225,000
Isaac Joines
Lasalle Bank NA Trustee
Grant Deed
$188,000 · Citibank Fsb
—
—
Jones,isaac JR & Mary L
—
Loan Modification
related
$544,253 · Us Bk
—
—
Jones,isaac JR & Mary L
—
Loan Modification
related
$50,000 · Us Bk
—
—
Isaac Jones JR.
—
Deed Of Trust
related
$544,253 · Us Bank NA
—
—
Isaac Jones JR.
—
Deed Of Trust
related
$50,000 · Us Bank NA
—
—
1935 W 51st Street LLC
—
Deed Of Trust
related
$790,000 · Beverly Bk
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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