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Property profile & analytics
OFF-MARKET
Retail residential properties
350 Harrison St Oak Park, IL 60304-1579
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1875359
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1905
Lot
0.24 ac (10,515 SF)
APN
16-17-124-029
UPID
US28-1875359
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
-
Shambhala Chicago Alternative Medicine Practice Spiritual Center
-
Oak Park String Academy Vocational School Training Center
-
Kindermusik with Pat Vocational School Training Center
-
Quakers-Oak Park Friends Meeting Church
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
Hamer Group LLC · 26 yrs held
Hamer Group LLC
since 1999
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 Oak Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Park 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
$35,034
Tax year 2022
Assessed value
$91,235
Assessed 2022
Previous assessed
$91,235
+0.0% YoY
Effective rate
38.40%
On assessed value
Assessed land
$26,287
Assessed improvement
$64,948
Land market value
$262,870
Improvement market value
$649,480
Total market value
$912,350
Applied tax rate
27,001.0000
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
1905
Heating
NONE
Lot
0.24 ac (10,515 SF)
APN
16-17-124-029
UPID
US28-1875359
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
1905
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Hamer Group LLC
Entity
Mailing address
737 LYMAN AVE, OAK PARK, IL 60304-1613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
—
Hamer Group LLC
—
Deed
related
$908,381 · Hoyne Savings Bank
Sep 30, 2020
—
Hamer Group LLC
—
Deed
related
$1,264,255 · Byline Bk
Aug 24, 2005
—
Hamer Group LLC
—
Trustees Deed
related
$100,000 · Harris NA
Oct 18, 1999
—
Hamer Group LLC
Hamer,paul E & June T
Quit Claim Deed
related
—
—
—
Hamer Group LLC
—
Deed Of Trust
related
$988,000 · Pullman Bank & Trust Co
—
—
Paul E Hamer
—
Deed Of Trust
related
$408,000 · Community Bank Oak Pk River Fo
—
—
Hamer Group LLC
—
Deed Of Trust
related
$70,000 · Harris Bank Elk Grove NA
—
—
Hamer Group LLC
—
Deed Of Trust
related
$1,090,000 · Harris Bank Elk Grove NA
—
—
Hamer Group LLC
—
Loan Modification
related
$1,264,255 · Byline 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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