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Property profile & analytics
OFF-MARKET
Estimated value
$10,790,000
Retail space
212 Canal St, Chicago, IL 60606-1268
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-0305811
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1879
Total area
9,600 SF
Lot
0.08 ac (3,580 SF)
APN
17-09-317-003
UPID
US28-0305811
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
-
The Clayton Cigar Shop and Smoking Lounge Chicago (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.79M
Owner & transaction history
Ca Re 210-12 Canal Street LLC · 6 yrs held
Ca Re 210-12 Canal Street LLC
since 2020
Last sale
$10.0M
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
$11,625,000
ML approach
$11,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.79M
Range $9.71M – $11.87M · ±10% · vs last sale $10.00M (Feb 6 2020)
Last sale anchor
$10.00M
Feb 6 2020
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
$1,124 / 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
$88,428
Tax year 2022
Assessed value
$428,462
Assessed 2022
Previous assessed
$428,462
+0.0% YoY
Effective rate
20.64%
On assessed value
Assessed land
$53,700
Assessed improvement
$374,762
Land market value
$214,800
Improvement market value
$1,499,048
Total market value
$1,713,848
Applied tax rate
77,120.0000
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
1879
Heating
NONE
Stories
3
Total area
9,600 SF
Lot
0.08 ac (3,580 SF)
APN
17-09-317-003
UPID
US28-0305811
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
1879
Heating
NONE
Stories
3
Lot
0.08 ac
Current owner
From public records · entity-resolved
Ca Re 210-12 Canal Street LLC
Entity
Mailing address
222 N CANAL ST, CHICAGO, IL 60606-1206
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2020
—
Ca Re 210-12 Canal Street LLC
—
Deed
related
$5,400,000 · Bmo Harris Bk NA
Feb 6, 2020
$10,000,000
Ca Re 210-12 Canal Street LLC
210 Canal Street LLC
Warranty Deed
—
May 24, 2019
—
210 O Canal Street LLC
—
Deed
related
$4,800,000 · City Nat'l Bk/fl
May 26, 2017
—
Ld Acquisition Co 14 LLC
—
Deed
related
$295,498 · Whitney Bk
Apr 2, 2014
$2,625,000
210 Canal Street LLC
Sjl Canal Street LLC
Warranty Deed
$1,000,000 · Flaxman R A Living Trust (lt)
Nov 5, 2004
—
Sjl Canal Street LLC
—
Trustees Deed
related
$300,000 · Mutual Bank
Jul 21, 2004
$2,600,000
Sjl Canal Street LLC
Trust 114707-05
Grant Deed
$2,600,000 · Mutual Bank
—
—
210 O Canal Street LLC
—
Deed Of Trust
related
$4,800,000 · City Nat'l Bk/fl
—
—
2010 Canal Street LLC
—
Deed Of Trust
related
$1,950,000 · Republic Bk/chicago
—
—
210 Canal Street LLC
—
Deed Of Trust
related
$1,950,000 · Republic Bk/chicago
—
—
American Nat'l Bk & Tr Chicago
—
Deed Of Trust
related
$1,500,000 · Harris Bank Winnetka
—
—
Sjl Canal Street LLC
—
Deed Of Trust
related
$740,611 · Mutual Bank
—
—
Ca Re 210-12 Canal Street LLC
—
Deed Of Trust
related
$5,400,000 · Bmo Harris Bk NA
—
—
Sjl Canal Street LLC
—
Deed Of Trust
related
$1,807,935 · Mutual Bank
—
—
210 Canal Street LLC
—
Deed Of Trust
related
$3,279,415 · Flegel Family 2012 Trust (pt)
—
—
Ld Acquisition Co 14 LLC
—
Deed Of Trust
related
$295,498 · Whitney 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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