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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Retail space
324 Touhy Ave, Park Ridge, IL 60068-4205
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0348054
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Lot
0.27 ac (11,800 SF)
APN
09-26-428-021
UPID
US28-0348054
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
-
Matt Steiger Real Estate @properties Real Estate Agency
-
Joe Zei, @properties Real Estate Agency
-
Gary Hauch, @properties Real Estate Agency
-
Lidia Jarmuz Realtor Chicagoland Real Estate Agency
-
@properties Park Ridge North Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Vna Properties Chicago One Il LLC · 4 yrs held
Vna Properties Chicago One Il LLC
since 2022
Last sale
$1.6M
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 Park Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Park Ridge 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
$1,275,000
ML approach
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.63M (Mar 16 2022)
Last sale anchor
$1.63M
Mar 16 2022
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
—
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
$47,865
Tax year 2022
Assessed value
$184,051
Assessed 2022
Previous assessed
$155,000
+18.7% YoY
Effective rate
26.01%
On assessed value
Assessed land
$41,300
Assessed improvement
$142,751
Land market value
$165,200
Improvement market value
$571,004
Total market value
$736,204
Applied tax rate
22,031.0000
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
1999
Heating
NONE
Stories
1
Lot
0.27 ac (11,800 SF)
APN
09-26-428-021
UPID
US28-0348054
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
1999
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Vna Properties Chicago One Il LLC
Entity
Mailing address
6154 S LIMA WAY, ENGLEWOOD, CO 80111-5814
Ownership since
2022
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
Mar 16, 2022
$1,625,000
Vna Properties Chicago One Il LLC
324 Touhy LLC
Special Warranty Deed
$1,283,750 · Bremer Bank NA
Jul 3, 2019
—
324 Touhy LLC
—
Deed
related
$720,000 · First Merchants Bk
Apr 10, 2019
$960,000
324 Touhy LLC
324 West Touhy LLC
Warranty Deed
related
—
Aug 8, 2018
—
Northwest Highway I LLC
—
Grant Deed
related
$15,500,000 · Hinsdale Bk&tr
—
—
324 West Touhy LLC
—
Deed Of Trust
related
$9,558,500 · Northern Tr
—
—
324 Touhy LLC
—
Deed Of Trust
related
$720,000 · First Merchants Bk
—
—
324 W Touhy LLC
—
Deed Of Trust
related
$1,004,000 · Citibank Fsb
—
—
324 West Touhy LLC
—
Deed Of Trust
related
$1,177,200 · First Bank Highland Park
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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