3801 N Clark St Chicago, IL 60613
Retail residential properties
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Trust Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
For Sale
1 / 20
Contact for pricing
3801 N Clark St, Chicago, IL 60613
View Listing →
Estimated value (blended)
$935k
Range $842k – $1.03M (±10%)
Property ID
US28-2446743
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1911
Total area
5,000 SF
Lot
0.16 ac (6,884 SF)
APN
14-20-104-023
UPID
US28-2446743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
since 2014
5 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$935k
Value range
$842k – $1.03M
±10% around blend
Estimated value / SF
$187 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
Income certainty
100
$842k
blend $935k
$1.03M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,000 SF
Lot area
0.16 ac
Year built
1911
Stories
2
APN
14-20-104-023
Assessed value
$131,617
Annual tax
$28,033
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.30M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.41M
@ 6.5% CAP return
$1.30M
@ 7% CAP return
$1.21M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$28,033
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.46M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.4 mi away · 3,700 SF
1.6 mi away · 5,900 SF
1.8 mi away · 4,300 SF
1.8 mi away · 3,600 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$935k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 999 sales
$435
-57%
County 1069 sales
$430
-56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $187/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.72%
Selected cap rate for this retail residential properties
Derived from the Chicago market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.72%
9.0%
NOI (est.)
$188k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.99M
Move the market yield to see immediate price impact.
Value / SF
$799
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.22%4.72%5.22%
$170k
$4.02M
$3.59M
$3.25M
$188k
$4.47M
$3.99M
$3.61M
$207k
$4.91M
$4.39M
$3.97M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.67M
1.1 mi · Sep 2025 · $380/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$28,033
Tax year 2022
Assessed value
$131,617
Assessed 2022
Previous assessed
$131,617
+0.0% YoY
Effective rate
21.30%
On assessed value
Assessed land
$41,304
Assessed improvement
$90,313
Land market value
$413,040
Improvement market value
$903,130
Total market value
$1,316,170
Applied tax rate
73,117.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1911
Heating
NONE
Stories
2
Total area
5,000 SF
Lot
0.16 ac (6,884 SF)
APN
14-20-104-023
UPID
US28-2446743
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
Building & site characteristics
From public records
Year built
1911
Heating
NONE
Stories
2
Lot
0.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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