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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Residential income homes
4547 Clark St Chicago, IL 60640-5406
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-1220740
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1911
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,857 SF
Lot
0.14 ac (6,180 SF)
APN
14-17-114-034
UPID
US28-1220740
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.25M
Owner & transaction history
Thomas John Meier · 2 yrs held
Thomas John Meier
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+6.3%
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 Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago 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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,830,000
Current use
RETAIL STORES
$1,945,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,640,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (May 21 2024)
Last sale anchor
$1.25M
May 21 2024
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
$10,513
Tax year 2022
Assessed value
$49,440
Assessed 2022
Previous assessed
$49,440
+0.0% YoY
Effective rate
21.26%
On assessed value
Assessed land
$49,440
Land market value
$494,400
Total market value
$494,400
Applied tax rate
73,065.0000
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
1911
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
6
Total area
6,857 SF
Lot
0.14 ac (6,180 SF)
APN
14-17-114-034
UPID
US28-1220740
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
$1.8M
RETAIL STORES
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1911
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
Thomas John Meier
Individual
Mailing address
4537 N CLARK ST APT 4B, CHICAGO, IL 60640-8760
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
$1,250,000
Thomas John Meier
4537 Clark LLC
Warranty Deed
—
May 3, 2024
$918,000
Patrick Healy
4537 Clark LLC
Warranty Deed
$734,400 · Navy FCU
Apr 25, 2024
$700,000
Edward Craig Gutierrez
4537 Clark LLC
Warranty Deed
$560,000 · Jpmorgan Chase Bank NA
Apr 16, 2024
$800,000
Stephen H Stoll
4537 Clark LLC
Warranty Deed
$760,000 · Guaranteed Rate INC
Mar 15, 2024
$725,000
Akash J Patel
4537 Clark LLC
Warranty Deed
$591,238 · Guaranteed Rate INC
Mar 11, 2024
$1,035,000
Kenneth A Bartman JR
4537 Clark LLC
Warranty Deed
$766,000 · Waterman Bank
Mar 7, 2024
$725,000
Aktion Partners LLC
4537 Clark LLC
Warranty Deed
—
Feb 28, 2024
$910,000
Kathy A Cudnowski
Clark LLC
Warranty Deed
—
Feb 13, 2024
$800,000
Donald J Halpaus
4537 Clark LLC
Warranty Deed
$640,000 · Navy FCU
Jan 24, 2024
$880,000
Gerald Ditty
4537 Clark LLC
Warranty Deed
$440,000 · Greenstate Cu
Jan 16, 2024
$733,000
Joseph G Griffin
4537 Clark LLC
Warranty Deed
$549,750 · Guaranteed Rate INC
Oct 17, 2022
—
4537 Clark LLC
Paul Weinewuth
Quit Claim Deed
related
—
Apr 9, 2018
$1,350,000
Aktion Partners LLC
Trust Number 25-4288
Grant Deed
—
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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