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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Retail space
222 Halsted St Chicago, IL 60661-5404
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2083300
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1910
Total area
3,100 SF
Lot
0.14 ac (6,250 SF)
APN
17-17-222-010
UPID
US28-2083300
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
-
Eleventh LLC Visa Consulting Service Marriage Or Relationship Counselor
-
Zen Leaf - Chicago (West Loop) (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$373k
Blend (final)
Blend
$575k
Owner & transaction history
811 W Fulton Market Street Chi · 6 yrs held
811 W Fulton Market Street Chi
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$740,000
+64.3%
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
$460,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
RETAIL STORES
$450,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: +64% · Conversion: Moderate
OFFICE BUILDING
$420,000
Change: -7% · Conversion: Easy
AUTO REPAIR, GARAGE
$370,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$185 / 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
$87,695
Tax year 2022
Assessed value
$399,075
Assessed 2022
Previous assessed
$399,075
+0.0% YoY
Effective rate
21.97%
On assessed value
Assessed land
$54,687
Assessed improvement
$344,388
Land market value
$218,748
Improvement market value
$1,377,552
Total market value
$1,596,300
Applied tax rate
77,102.0000
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
1910
Heating
NONE
Stories
3
Total area
3,100 SF
Lot
0.14 ac (6,250 SF)
APN
17-17-222-010
UPID
US28-2083300
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
RETAIL STORES Current
Est. value
$450,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
OFFICE BUILDING
Est. value
$420,000
AUTO REPAIR, GARAGE
Est. value
$370,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1910
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
811 W Fulton Market Street Chi
Individual
Mailing address
65 E HARRISON ST, CHICAGO, IL 60605-1614
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2019
—
222 South Halsted LLC
—
Grant Deed
related
$8,810,190 · Evergreen Bk Grp
Sep 19, 2019
$50,300,000
811 W Fulton Market Street Chi
Shawshank Owner LLC
Grant Deed
—
Sep 19, 2019
—
Redding Partners LLC
Shawshank Owner LLC
Quitclaim Deed
related
—
Nov 27, 2018
—
Shawshank Owner LLC
—
Deed
related
$21,000,000 · Devon Bk
Nov 2, 2017
—
Shawshank Owner LLC
—
Grant Deed
related
$100,000,000 · Cibc Bk USA
Aug 7, 2017
—
Shawshank Owner LLC
—
Deed
related
$5,500,000 · Northbrook Bk&tr
Aug 7, 2017
$2,750,000
Shawshank Owner LLC
Dufresne Capital Partners LLC
Grant Deed
—
Mar 21, 2017
—
Dufresne Capital Partners LLC
—
Deed
related
$11,000,000 · Northbrook Bk&tr
Jun 30, 2016
—
Dufresne Capital Partners LLC
—
Deed
related
$2,250,000 · Northbrook Bk&tr
May 30, 2003
—
Michael Kochilas
Kochilas,antonios M
Quit Claim Deed
related
—
—
—
Antonio M Kochilas
—
Deed Of Trust
related
$132,500 · National Mortgage & Loan Svcs
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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