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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Retail space
301 Central Rd, Mount Prospect, IL 60056-2476
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0115790
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1944
Total area
5,758 SF
Lot
0.16 ac (7,135 SF)
APN
08-11-204-017
UPID
US28-0115790
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
-
Dog Play Day Care Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$850k
Owner & transaction history
301 W Ctrl Road Mount Prospect Il 6 · 2 yrs held
301 W Ctrl Road Mount Prospect Il 6
since 2024
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+47.1%
Apartment house (5+ units)
$1.0M
+20.2%
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 Mount Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Prospect 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$860,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,265,000
Change: +47% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,030,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: -10% · Conversion: Easy
AUTO REPAIR, GARAGE
$700,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Mar 27 2024)
Last sale anchor
$850k
Mar 27 2024
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
$148 / 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
$52,154
Tax year 2022
Assessed value
$194,721
Assessed 2022
Previous assessed
$93,567
+108.1% YoY
Effective rate
26.78%
On assessed value
Assessed land
$26,756
Assessed improvement
$167,965
Land market value
$107,024
Improvement market value
$671,860
Total market value
$778,884
Applied tax rate
16,140.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1944
Heating
NONE
Stories
1
Total area
5,758 SF
Lot
0.16 ac (7,135 SF)
APN
08-11-204-017
UPID
US28-0115790
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
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$700,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1944
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
301 W Ctrl Road Mount Prospect Il 6
Individual
Mailing address
301 W CENTRAL RD, MOUNT PROSPECT, IL 60056-2476
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Nov 7, 2025
—
301 W Ctrl Road Mount Prospect Il 6
—
Deed
related
$150,000 · J2m Academy LLC
Mar 27, 2024
$850,000
301 W Ctrl Road Mount Prospect Il 6
Sid Enterprises LLC
Warranty Deed
$1,280,000 · Live Oak Banking Company
Dec 11, 2019
—
Sid Ents LLC
—
Deed
related
$150,000 · Village Bk
Nov 1, 2018
—
Sid Ents LLC
—
Deed
related
$353,313 · Village Bk
Jun 12, 2007
—
Sid Ents LLC
—
Trustees Deed
related
$175,000 · Mount Prospect National Bank
Sep 12, 2005
—
Sid Ents LLC
—
Trustees Deed
related
$100,000 · Mount Prospect National Bank
Apr 6, 2004
$208,000
Sid Enterprises LLC
Rueffer Stamp Works INC
Grant Deed
$240,000 · Mount Prospect National Bank
—
—
Sid Ents LLC
—
Loan Modification, Consolidation And Extension
related
$353,313 · Village Bk
—
—
Sid Ents LLC
—
Deed Of Trust
related
$150,000 · Village Bk
—
—
Sid Ents LLC
—
Deed Of Trust
related
$242,000 · Village Bk
—
—
Sid Ents LLC
—
Loan Modification
related
$150,000 · Village 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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