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Property profile & analytics
OFF-MARKET
Residential income homes
3944 Ctr Ave, Lyons, IL 60534-3944
Individually Owned
1-yr Hold
Property ID
US28-5034204
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1873
Construction
FRAME
Total area
1,662 SF
Lot
0.22 ac (9,614 SF)
APN
18-01-104-052
UPID
US28-5034204
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
by Request
Owner & transaction history
Daniel Ramirez · 1 yrs held
Daniel Ramirez
since 2024
Last sale
$250,000
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 Lyons submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lyons 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
$5,505
Tax year 2022
Assessed value
$15,154
Assessed 2022
Previous assessed
$15,154
+0.0% YoY
Effective rate
36.33%
On assessed value
Assessed land
$4,807
Assessed improvement
$10,347
Land market value
$48,070
Improvement market value
$103,470
Total market value
$151,540
Applied tax rate
21,049.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1873
Construction
FRAME
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
2
Bathrooms
2
Total area
1,662 SF
Lot
0.22 ac (9,614 SF)
APN
18-01-104-052
UPID
US28-5034204
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
1873
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Daniel Ramirez
Individual
Mailing address
3944 CTR AVE, LYONS, IL 60534-3944
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
$250,000
Daniel Ramirez
Nestor I Lara
Warranty Deed
$237,500 · Jpmorgan Chase Bank NA
Aug 5, 2009
—
Popular Abs INC Series 2005-4
Equity One Abs INC 2005-4
Quit Claim Deed
related
—
Aug 5, 2009
$135,500
Nestor I Lara
The Bank Of New York Mellon
Warranty Deed
$133,045 · Franklin American Mortgage Co
Dec 5, 2007
—
Equity One Abs INC 2005-4
Sheriff Of Cook County
Trustees Deed
related
—
Jul 25, 2005
—
Bayron X Godinez
Bayron X Godinez
Intrafamily Transfer
related
$315,400 · Esperanza Financial Services INC
Nov 18, 2004
$290,000
Bayron X Godinez
Malinovic,nikola & Maria
Warranty Deed
$232,000 · Argent Mortgage Co LLC
Aug 2, 2000
$47,500
Nikola Malinovic
Ayyash,ghina & Hamdi
Grant Deed
$71,200 · Washington Mutual Fsb
Dec 15, 1999
$79,600
Ghina Ayyash
Midwest Partners
Grant Deed
$71,550 · United Mortgage Corp
—
—
Nikola Malinovic
—
Deed Of Trust
related
$75,000 · Amerihome Mortgage
—
—
Nikola A Malinovic
—
Deed Of Trust
related
$75,000 · Prairie Bank & Trust Co
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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