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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Retail space
3801 26th St Chicago, IL 60623-3808
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-1190268
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1929
Total area
5,700 SF
Lot
0.14 ac (5,938 SF)
APN
16-26-303-009
UPID
US28-1190268
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$730k
Owner & transaction history
Uruapan Properties LLC · 5 yrs held
Uruapan Properties LLC
since 2021
Last sale
$650,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+77.2%
Office building
$770,000
+29.9%
Auto repair, garage
$685,000
+15.5%
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
Method
Estimation
Statistic approach
$735,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$590,000
Current use
COMMERCIAL (GENERAL)
$1,050,000
Change: +77% · Conversion: Easy
OFFICE BUILDING
$770,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$685,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $650k (Jun 2 2021)
Last sale anchor
$650k
Jun 2 2021
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
$128 / 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
$34,958
Tax year 2022
Assessed value
$162,500
Assessed 2022
Previous assessed
$162,500
+0.0% YoY
Effective rate
21.51%
On assessed value
Assessed land
$27,092
Assessed improvement
$135,408
Land market value
$108,368
Improvement market value
$541,632
Total market value
$650,000
Applied tax rate
77,060.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1929
Heating
NONE
Stories
3
Total area
5,700 SF
Lot
0.14 ac (5,938 SF)
APN
16-26-303-009
UPID
US28-1190268
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$590,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$685,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Uruapan Properties LLC
Entity
Mailing address
1725 W 18TH ST, CHICAGO, IL 60608-1913
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
—
Uruapan Properties LLC
—
Deed
related
$1,332,000 · Small Business Growth Corporation
Jul 18, 2023
—
Uruapan Properties LLC
—
Deed
related
$4,003,700 · Centier Bank
Jun 2, 2021
$650,000
Uruapan Properties LLC
American Ej Investment Corporation
Warranty Deed
$398,500 · Centier Bank
Feb 20, 2014
$500,000
American Ej Investment Corp
Trust 56822
Grant Deed
—
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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