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Property profile & analytics
OFF-MARKET
Retail residential properties
3400 Southport Ave Chicago, IL 60657-1420
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-5896838
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1932
Total area
1,700 SF
Lot
0.14 ac (5,950 SF)
APN
14-20-311-033
UPID
US28-5896838
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Go4broke LLC · 12 yrs held
Go4broke LLC
since 2013
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
$40,134
Tax year 2022
Assessed value
$189,809
Assessed 2022
Previous assessed
$189,809
+0.0% YoY
Effective rate
21.14%
On assessed value
Assessed land
$38,675
Assessed improvement
$151,134
Land market value
$386,750
Improvement market value
$1,511,340
Total market value
$1,898,090
Applied tax rate
73,095.0000
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
1932
Heating
NONE
Stories
3
Total area
1,700 SF
Lot
0.14 ac (5,950 SF)
APN
14-20-311-033
UPID
US28-5896838
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
1932
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Go4broke LLC
Entity
Mailing address
3501 N SOUTHPORT AVE #499, CHICAGO, IL 60657-1475
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
—
Go4broke LLC
—
Deed
related
$2,700,000 · Jpmorgan Chase Bank NA
Apr 8, 2019
—
Go4broke LLC
—
Deed
related
$2,855,000 · Portfolio Administration
Aug 2, 2013
—
Go4broke LLC
Nkass Co LLC
Quit Claim Deed
related
—
Sep 2, 2008
—
Go4broke LLC
—
Trustees Deed
related
$275,000 · Lakeside Bank
May 22, 2008
—
Go4brooke LLC
—
Trustees Deed
related
$175,000 · Lakeside Bank
Sep 10, 2007
$3,250,000
Go4broke LLC
Trust 11-6036
Grant Deed
$2,680,000 · Lakeside Bank
Jul 19, 2005
—
Trust 11-6036
Zemel Harry Trust
Quit Claim Deed
—
—
—
Trust 11-6036
—
Deed Of Trust
related
$1,320,000 · Albany Bank & Trust Co NA
—
—
Go4broke LLC
—
Deed Of Trust
related
$2,855,000 · Portfolio Administration
—
—
Go4broke LLC
—
Deed Of Trust
related
$2,979,386 · Lakeside Bank
—
—
Go4broke LLC
—
Deed Of Trust
related
$3,050,000 · Lakeside Bank
—
—
Zemel Trust
—
Deed Of Trust
related
$400,000 · Albany Bank & Trust Co NA
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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