New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Retail space
2335 Wentworth Ave, Chicago, IL 60616-0117
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US28-0938023
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1961
Total area
11,600 SF
Lot
0.9 ac (39,278 SF)
APN
17-28-214-016
UPID
US28-0938023
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
-
Loyola Hepatology Clinic in Chinatown Medical Clinic
-
Bonnie Tse, MD Physician
-
Verve, a Credit Union Credit Union
-
Dr. Caroline C. Shieh, MD Pediatrician Medical Clinic
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.03M
Owner & transaction history
Me Wentworth LLC · 9 yrs held
Me Wentworth LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+2.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,675,000
6.5%
$2,470,000
7%
$2,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,710,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,775,000
Change: +2% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,485,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±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
$175 / 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
$1,228,652
Tax year 2022
Assessed value
$5,899,745
Assessed 2022
Previous assessed
$3,992,252
+47.8% YoY
Effective rate
20.83%
On assessed value
Assessed land
$490,975
Assessed improvement
$5,408,770
Land market value
$1,963,900
Improvement market value
$21,635,080
Total market value
$23,598,980
Applied tax rate
76,100.0000
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
1961
Heating
NONE
Stories
2
Total area
11,600 SF
Lot
0.9 ac (39,278 SF)
APN
17-28-214-016
UPID
US28-0938023
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
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1961
Heating
NONE
Stories
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Me Wentworth LLC
Entity
Mailing address
3520 S MORGAN ST, CHICAGO, IL 60609-1533
Ownership since
2017
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
Apr 7, 2023
—
Me Wentworth LLC
—
Deed
related
$3,000,000 · Cathay Bank
Mar 12, 2020
—
Me Wentworth LLC
—
Deed
related
$12,000,000 · Cathay Bk
Jan 23, 2017
$10,600,000
Me Wentworth LLC
Trust 10-2330
Grant Deed
$7,420,000 · Cathay Bk
Jun 30, 2016
—
Trust 10-2330
—
Deed
related
—
Feb 20, 2002
—
Lakeside Bank & Trust Ttee
Lasalle Bank NA Ttee
Grant Deed
related
$2,840,000 · Lakeside Bank
—
—
Trust 10-2330
—
Loan Modification
related
—
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$39,800 · Lakeside Bank
—
—
Me Wentworth LLC
—
Deed Of Trust
related
$12,000,000 · Cathay Bk
—
—
Trust 10-2330
—
Deed Of Trust
related
—
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 2335 Wentworth 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.
