New search
Property profile & analytics
OFF-MARKET
Retail space
417 Talcott Rd, Park Ridge, IL 60068-5408
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-5837855
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
860 SF
Lot
0.09 ac (3,990 SF)
APN
12-02-208-009
UPID
US28-5837855
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
-
Elite Appraisal Center Llc Real Estate Agency
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
Takottandrive LLC · 2 yrs held
Takottandrive LLC
since 2023
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 Park Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Park Ridge 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
$8,933
Tax year 2022
Assessed value
$34,626
Assessed 2022
Previous assessed
$32,000
+8.2% YoY
Effective rate
25.80%
On assessed value
Assessed land
$17,955
Assessed improvement
$16,671
Land market value
$71,820
Improvement market value
$66,684
Total market value
$138,504
Applied tax rate
26,008.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
860 SF
Lot
0.09 ac (3,990 SF)
APN
12-02-208-009
UPID
US28-5837855
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
1949
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Takottandrive LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1512 S ASHLAND AVE, PARK RIDGE, IL 60068-5471
Ownership since
2023
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
Dec 13, 2023
$250,000
Takottandrive LLC
417 W Talcott LLC
Warranty Deed
—
Jul 1, 2022
—
417 W Talcott LLC
Elite Appraisal Center LLC
Quit Claim Deed
related
—
Sep 6, 2016
—
Elite Appraisal Center LLC
Pawelski,john G & Agnes L
Quit Claim Deed
related
$174,375 · Jp Morgan Chase Bk
Sep 2, 2011
—
John Pawelski
Schurer,thomas
Quit Claim Deed
related
—
Sep 27, 2005
$351,000
John Pawelski
Johnsen,carol
Warranty Deed
related
$280,800 · Washington Mutual Fsb
Jul 25, 2000
$200,000
Carol Johnsen
Guillen,juan M & Xochitl
Grant Deed
$160,000 · American Nat'l Bk & Tr Chicago
—
—
Juan M Guillen
—
Deed Of Trust
related
$58,200 · Cityscape Mortgage Corp
—
—
Carol Johnsen
—
Deed Of Trust
related
$375,000 · Lasalle National 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.
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 417 Talcott Rd?
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.
