New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Community centers
3944 Church St, Evanston, IL 60203-1519
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US28-1697056
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1958
Total area
13,271 SF
Lot
0.73 ac (31,783 SF)
APN
10-14-119-046
UPID
US28-1697056
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Vbp Properties Series LLC Chur · 9 yrs held
Vbp Properties Series LLC Chur
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.1M
+5.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,910,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,080,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±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
$182 / 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
$83,430
Tax year 2022
Assessed value
$365,374
Assessed 2022
Previous assessed
$320,205
+14.1% YoY
Effective rate
22.83%
On assessed value
Assessed land
$189,426
Assessed improvement
$175,948
Land market value
$757,704
Improvement market value
$703,792
Total market value
$1,461,496
Applied tax rate
24,025.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1958
Heating
NONE
Stories
1
Total area
13,271 SF
Lot
0.73 ac (31,783 SF)
APN
10-14-119-046
UPID
US28-1697056
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1958
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Vbp Properties Series LLC Chur
Entity
Mailing address
3150 GLENWAY DR, NORTHBROOK, IL 60062-7508
Ownership since
2016
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
Jul 11, 2016
—
Vbp Properties Series LLC Chur
Thanoukos J Family Trust
Quit Claim Deed
related
—
Sep 22, 2015
—
Thanoukos,john Family Trust
Thanoukos John V
Quit Claim Deed
related
—
Sep 15, 2015
—
Thanoukos,john Family Trust
Thanoukos John V
Quit Claim Deed
related
—
Mar 6, 2014
—
Peoples State Of Il Department & Tr
Thanoukos,john
Warranty Deed
related
—
May 22, 2002
$1,500,000
John Thanoukos
Albany Bank & Tr Co NA Trustee
Grant Deed
$1,200,000 · American Enterprise Bank
Nov 8, 2001
—
Albany Bank & Trust Co NA Ttee
Jun,john S & Jung Y
Grant Deed
related
$975,000 · Success National Bank
—
—
John S Jun
—
Deed Of Trust
related
$450,000 · Foster Bank
—
—
Thanoukos,john Family Trust
—
Deed Of Trust
related
$397,000 · Belmont Bk&tr
—
—
John Thanoukos
—
Deed Of Trust
related
$1,100,000 · Citibank 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3944 Church St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
