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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Commercial real estate
4109 Harlem Ave Stickney, IL 60402-4210
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-0910923
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Lot
0.07 ac (3,224 SF)
APN
19-06-111-008
UPID
US28-0910923
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
Current use
Occupant on record · Public records
-
Oceano Azul Restaurant
-
Mariscos Oceano Azul Restaurant
-
Mariscos Estilo Nayarit Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$905k
Owner & transaction history
Oceano LLC · 3 yrs held
Oceano LLC
since 2022
Last sale
$830,000
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 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
$990,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $830k (Aug 12 2022)
Last sale anchor
$830k
Aug 12 2022
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
—
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
$3,573
Tax year 2022
Assessed value
$9,002
Assessed 2022
Previous assessed
$9,002
+0.0% YoY
Effective rate
39.69%
On assessed value
Assessed land
$8,866
Assessed improvement
$136
Land market value
$35,464
Improvement market value
$544
Total market value
$36,008
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
NONE
Lot
0.07 ac (3,224 SF)
APN
19-06-111-008
UPID
US28-0910923
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
1976
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Oceano LLC
Entity
Mailing address
2558 N HALSTED ST, CHICAGO, IL 60614-2348
Ownership since
2022
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
Aug 12, 2022
$830,000
Oceano LLC
Jorge Albarran
Warranty Deed
$780,000 · Self-help Cu
Sep 27, 2001
$575,000
Jorge A Barran
Heller First Capital
Grant Deed
$350,000 · Lincoln Park Savings Bank
Jun 28, 2001
—
Heller First Capital
Aris Restuarant
Trustees Deed
related
—
Jun 22, 1998
$3,500,000
Aris II Restaurant Corp
Pinnacle Bnak Ttee
Grant Deed
$600,000 · Heller First Capital
—
—
Aris II Restaurant Corp
—
Deed Of Trust
related
$150,000 · Chicago Title
—
—
Aris II Restaurant INC
—
Deed Of Trust
related
$65,000 · Individual
—
—
Aris II Restaurant INC
—
Deed Of Trust
related
$15,000 · Individual
—
—
Aris II Restaurant Corp
—
Deed Of Trust
related
$115,000 · West Suburban Bank
—
—
Aris II Restaurant INC
—
Deed Of Trust
related
$64,000 · Individual
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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