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Property profile & analytics
OFF-MARKET
Estimated value
$2,055,000
Auto shops
3037 Kedzie Ave Chicago, IL 60618
Entity Owned
Absentee Owner
Free & Clear
Property ID
US28-2077138
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Lot
0.07 ac (3,150 SF)
APN
13-25-112-007
UPID
US28-2077138
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
Mdc Mercury 2604 Propco 3 LLC
Mdc Mercury 2604 Propco 3 LLC
since 2026
Last sale
$2.1M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,939
Tax year 2022
Assessed value
$23,932
Assessed 2022
Previous assessed
$23,932
+0.0% YoY
Effective rate
20.64%
On assessed value
Assessed land
$14,371
Assessed improvement
$9,561
Land market value
$57,484
Improvement market value
$38,244
Total market value
$95,728
Applied tax rate
77,135.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Lot
0.07 ac (3,150 SF)
APN
13-25-112-007
UPID
US28-2077138
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
1989
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Mdc Mercury 2604 Propco 3 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
400 W GRAND AVE, ELMHURST, IL 60126-1013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2026
—
Mdc Mercury 2604 Propco 3 LLC
Realty Income Illinois Properties 3 LLC
Special Warranty Deed
—
Oct 29, 2025
$494,500
3049 S Kedzie LLC
Auto Parts Service INC
Special Warranty Deed
—
Oct 29, 2025
$2,056,000
3049 S Kedzie LLC
Trust Number 13458
Deed
—
Jul 7, 2022
$285,000
Auto Parts Servicee INC
Teresa M Callender
Deed
—
Jul 26, 2016
$2,900,000
Realty Income Illinois Propert
Filiberto Quiles SR Family LP
Grant Deed
—
May 19, 2003
—
Filberto Quiles SR Family LP
Lasalle Bank NA Trustee
Grant Deed
related
—
—
—
Filiberto Quiles SR Family LP
—
Deed Of Trust
related
$840,000 · Firstmerit Bank NA
—
—
Filiberto Quiles SR Family LP
—
Loan Modification
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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