New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail residential properties
2400 Bryn Mawr Ave Chicago, IL 60659-5102
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-0949079
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1930
Total area
3,400 SF
Lot
0.25 ac (11,073 SF)
APN
13-01-432-033
UPID
US28-0949079
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
-
White Mountain Medical and Beauty Supply Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.02M
Owner & transaction history
Montrose One LLC · 8 yrs held
Montrose One LLC
since 2017
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$885,000
7%
$820,000
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$300 / 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
$33,864
Tax year 2022
Assessed value
$164,644
Assessed 2022
Previous assessed
$164,644
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$19,931
Assessed improvement
$144,713
Land market value
$199,310
Improvement market value
$1,447,130
Total market value
$1,646,440
Applied tax rate
71,054.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1930
Heating
NONE
Stories
3
Total area
3,400 SF
Lot
0.25 ac (11,073 SF)
APN
13-01-432-033
UPID
US28-0949079
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
1930
Heating
NONE
Stories
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
Montrose One LLC
Entity
Mailing address
1950 W MONTROSE AVE STE #1, CHICAGO, IL 60613-1036
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2019
—
Montrose One LLC
—
Deed
related
$1,825,000 · Hinsdale Bk&tr
Aug 17, 2017
$1,825,000
Montrose One LLC
N & C Western LLC
Warranty Deed
$3,262,500 · Hinsdale Bk&tr
Jun 9, 2017
—
N & C Western LLC
Fetea,cecile
Quit Claim Deed
related
—
Jul 25, 2013
$1,235,000
N & C Western LLC
5600 N Western LLC
Warranty Deed
$988,000 · Norstates Bank
Aug 25, 2011
$1,050,000
5600 N Western LLC
Norstates Bk
Warranty Deed
$840,000 · Norstates Bank
Aug 2, 2011
—
Norstates Bk
Intercounty Judicial Sales Cor
Trustees Deed
related
—
Apr 1, 2011
—
Norstates Bk
Trust 204499
Grant Deed
related
—
Nov 13, 2006
—
Trust 204499
—
Deed Of Trust
related
$11,670,000 · Norstates Bank
Sep 6, 2006
—
Trust 204499
—
Trustees Deed
related
$192,052 · Norstates Bank
May 7, 2004
—
Bank Of Waukegan Trustee
R & G Properties
Grant Deed
related
$948,000 · Bank Of Waukegan
May 1, 2002
$1,087,500
R Properties
Cole Taylor Bank Trustee
Grant Deed
—
Oct 11, 2001
$650,000
Joseph Emmanueal
Marquette Bank Trustee
Grant Deed
$800,000 · National Republic Bank Chicago
—
—
Montrose One LLC
—
Loan Modification
related
$1,825,000 · Hinsdale Bk&tr
—
—
R Properties
—
Deed Of Trust
related
$1,087,500 · Citrus Bank NA
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 2400 Bryn Mawr 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.
