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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Community centers
4701 Kedzie Ave Chicago, IL 60632-3001
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1921304
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1984
Total area
28,300 SF
Lot
0.53 ac (23,087 SF)
APN
19-12-100-037
UPID
US28-1921304
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
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Noon O Kabab Chicago Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.46M
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
$4.57M
Blend (final)
Blend
$5.32M
Owner & transaction history
Go Kedzie LLC · 3 yrs held
Go Kedzie LLC
since 2023
Last sale
$5.2M
4 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 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
$5,570,000
ML approach
$5,460,000
CAP Approach
CAP Return
Estimation
6%
$6,315,000
6.5%
$5,830,000
7%
$5,415,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,765,000
Current use
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±10% · vs last sale $5.23M (Jun 9 2023)
Last sale anchor
$5.23M
Jun 9 2023
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
$188 / 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
$59,185
Tax year 2022
Assessed value
$248,291
Assessed 2022
Previous assessed
$248,291
+0.0% YoY
Effective rate
23.84%
On assessed value
Assessed land
$82,247
Assessed improvement
$166,044
Land market value
$328,988
Improvement market value
$664,176
Total market value
$993,164
Applied tax rate
72,143.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Total area
28,300 SF
Lot
0.53 ac (23,087 SF)
APN
19-12-100-037
UPID
US28-1921304
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1984
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Go Kedzie LLC
Entity
Mailing address
1001 FAIRWAY DR, BENSENVILLE, IL 60106-1316
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$5,225,000
Go Kedzie LLC
47th & Kedzie Plaza LLC
Special Warranty Deed
$2,500,000 · Wintrust Bank NA
Mar 8, 2022
—
Pnm Enterprises LLC
—
Deed
related
$1,010,000 · Albany Bank & Trust Company NA
May 13, 2019
—
Pnm Ents LLC
N O K Kitchen Ltd
Quitclaim Deed
related
$529,600 · Albany Bk&tr
Jul 6, 2006
—
47th & Kedzie Plaza LLC
666 Venture
Grant Deed
$4,400,000 · Countrywide Com'l R E Fin
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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