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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Retail residential properties
331 Howard St Evanston, IL 60202-4003
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-0050762
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1925
Total area
7,915 SF
Lot
0.2 ac (8,500 SF)
APN
11-30-213-019
UPID
US28-0050762
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
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.48M
Owner & transaction history
El Howard LLC · 11 yrs held
El Howard LLC
since 2014
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 Evanston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evanston 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%
$2,225,000
6.5%
$2,055,000
7%
$1,910,000
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$187 / 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
$68,713
Tax year 2022
Assessed value
$295,808
Assessed 2022
Previous assessed
$212,042
+39.5% YoY
Effective rate
23.23%
On assessed value
Assessed land
$17,000
Assessed improvement
$278,808
Land market value
$170,000
Improvement market value
$2,788,080
Total market value
$2,958,080
Applied tax rate
17,049.0000
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
1925
Heating
NONE
Stories
1
Total area
7,915 SF
Lot
0.2 ac (8,500 SF)
APN
11-30-213-019
UPID
US28-0050762
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
1925
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
El Howard LLC
Entity
Mailing address
5773 N LINCOLN AVE, CHICAGO, IL 60659-4722
Ownership since
2014
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
Aug 25, 2016
—
El Howard LLC
—
Deed
related
$1,855,000 · Jpmorgan Chase Bank NA
Sep 8, 2014
$1,700,000
El Howard LLC
Y & N LLC
Warranty Deed
$1,735,125 · Firstmerit Bk
May 23, 2013
—
Y & N LLC
Imran LLC
Quit Claim Deed
related
—
Dec 1, 2008
—
Imran LLC
Lakada,yakub M & Nasimabanu Y
Quit Claim Deed
related
—
May 3, 2004
$1,500,000
Yakub M Lakada
Chicago Title Land Trt Co Ttee
Grant Deed
$1,125,000 · Labe Bank
—
—
Y & N LLC
—
Deed Of Trust
related
$987,130 · Republic Bank Chicago
—
—
El Howard LLC
—
Deed Of Trust
related
$1,855,000 · Jp Morgan Chase Bk
—
—
El Howard LLC
—
Loan Modification
related
$3,533,550 · Firstmerit 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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