New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,705,000
Community centers
2110 Clybourn Ave Chicago, IL 60614
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-1680527
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Total area
34,400 SF
Lot
0.59 ac (25,785 SF)
APN
14-32-128-027
UPID
US28-1680527
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
$9.19M
CAP Approach
CAP
$9.85M
Comparable Approach
Comparable
$12.61M
Blend (final)
Blend
$9.71M
Owner & transaction history
Jacqlin Foundry LLC · 2 yrs held
Jacqlin Foundry LLC
since 2023
Last sale
$10.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.0M
+82.1%
Apartment house (5+ units)
$13.0M
+57.7%
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
$9,350,000
ML approach
$9,190,000
CAP Approach
CAP Return
Estimation
6%
$10,670,000
6.5%
$9,850,000
7%
$9,145,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$8,225,000
Current use
COMMERCIAL (GENERAL)
$14,975,000
Change: +82% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$12,965,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$9.71M
Range $8.73M – $10.68M · ±10% · vs last sale $10.06M (Jul 19 2023)
Last sale anchor
$10.06M
Jul 19 2023
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
$282 / 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
$181,569
Tax year 2022
Assessed value
$882,763
Assessed 2022
Previous assessed
$882,763
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$322,312
Assessed improvement
$560,451
Land market value
$1,289,248
Improvement market value
$2,241,804
Total market value
$3,531,052
Applied tax rate
74,030.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
34,400 SF
Lot
0.59 ac (25,785 SF)
APN
14-32-128-027
UPID
US28-1680527
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$15.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.0M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Jacqlin Foundry LLC
Entity
Free & Clear · 2 yrs held
Mailing address
27 N GRN ST, CHICAGO, IL 60607-2605
Ownership since
2023
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
Jul 19, 2023
—
Jacqlin Foundry LLC
Foundry Buzz LLC
Quit Claim Deed
related
—
Dec 20, 2006
—
Foundry Glassberg LLC
Foundry Buzz LLC
Quit Claim Deed
related
—
Oct 16, 2006
$10,064,000
Foundry Buzz LLC
Trust 1106427
Grant Deed
$12,120,000 · Principal Commercial Funding
Jul 1, 2004
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$7,000,000 · Lasalle National Bank
—
—
Foundry Buzz LLC
—
Deed Of Trust
related
$14,500,000 · Miscellaneous Ins Co
—
—
Foundry Buzz LLC
—
Loan Modification
related
$14,500,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2110 Clybourn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
