Technical
Financial
Distress signals
Property profile

315 Prospect Ave Mount Prospect, IL 60056

OFF-MARKET
Residential income homes
Property ID
US28-0490476
3,602 SF 0.14 ac lot Built 1960
Entity Owned 10-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,602 SF
Lot 0.14 ac (6,308 SF)
APN 08-11-205-014
UPID US28-0490476

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

315 Prospect Ave Mount Prospect, IL 60056-3154
Mount Prospect metro Census 804901 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
$720k
Comparable Approach Comparable
$628k
Blend (final) Blend
$535k

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2015
$445,000
2012
Price N/A
2012
Price N/A
2010
Price N/A
2009
$477,500
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $790,000 +22.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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