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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Garden apartment buildings
4039 Harlem Ave Stickney, IL 60402-4207
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-1478634
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1971
Total area
5,808 SF
Lot
0.12 ac (5,370 SF)
APN
19-06-106-048
UPID
US28-1478634
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
$766k
Blend (final)
Blend
$720k
Owner & transaction history
Christina Murar · 11 yrs held
Christina Murar
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$865,000
+1.7%
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 Stickney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stickney 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
APARTMENT HOUSE (5+ UNITS)
$850,000
Current use
RETAIL STORES
$865,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$705,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$124 / 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
$19,974
Tax year 2022
Assessed value
$50,327
Assessed 2022
Previous assessed
$50,327
+0.0% YoY
Effective rate
39.69%
On assessed value
Assessed land
$5,907
Assessed improvement
$44,420
Land market value
$59,070
Improvement market value
$444,200
Total market value
$503,270
Applied tax rate
36,013.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
NONE
Stories
2
Total area
5,808 SF
Lot
0.12 ac (5,370 SF)
APN
19-06-106-048
UPID
US28-1478634
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$850,000
RETAIL STORES
Est. value
$865,000
OFFICE BUILDING
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1971
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Christina Murar
Individual
Mailing address
8111 SALISBURY AVE, LYONS, IL 60534-1116
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
—
Christina Murar
—
Deed
related
$100,000 · Amalgamated Bk /chicago
Apr 9, 2015
$330,000
Christina Murar
Trust S11567
Grant Deed
$425,000 · Amalgamated Bk /chicago
—
—
Chicago Title Land Tr Trust
—
Loan Modification
related
$1,626,707 · Leaders Bank
—
—
Christina Murar
—
Deed Of Trust
related
$100,000 · Amalgamated Bk /chicago
—
—
Fifth Third Bank Trustee
—
Deed Of Trust
related
$450,000 · Leaders Bank
—
—
Trust S11567
—
Deed Of Trust
related
$50,000 · Leaders Bank
—
—
Trust S11567
—
Deed Of Trust
related
$750,000 · Leaders Bank
—
—
Trust S11567
—
Deed Of Trust
related
$1,629,500 · Leaders Bank
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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