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Property profile & analytics
OFF-MARKET
Estimated value
$3,415,000
Retail space
4725 Western Ave Chicago, IL 60625-2185
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1290829
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1910
Total area
18,000 SF
Lot
0.06 ac (2,450 SF)
APN
14-18-100-006
UPID
US28-1290829
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
-
U.S. Bank-David Radke-Mortgage Loan Officer Loan Service Bank
-
Julie Hong, DC Alternative Medicine Practice
-
Platt Construction Group Construction Company
-
U.S. Bank Branch Bank Loan Service
-
Gemini Associates Inc Architect Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.41M
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.42M
Owner & transaction history
Broadmoor LLC · 3 yrs held
Broadmoor LLC
since 2022
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.3M
+94.3%
Apartment house (5+ units)
$3.9M
+74.7%
Office building
$2.4M
+9.5%
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
$3,255,000
ML approach
$3,410,000
CAP Approach
CAP Return
Estimation
6%
$4,150,000
6.5%
$3,830,000
7%
$3,560,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,215,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,305,000
Change: +94% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,870,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$2,425,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,155,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.42M
Range $3.07M – $3.76M · ±10% · vs last sale $3.50M (Nov 9 2022)
Last sale anchor
$3.50M
Nov 9 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
$190 / 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
$49,573
Tax year 2022
Assessed value
$230,972
Assessed 2022
Previous assessed
$64,629
+257.4% YoY
Effective rate
21.46%
On assessed value
Assessed land
$30,625
Assessed improvement
$200,347
Land market value
$122,500
Improvement market value
$801,388
Total market value
$923,888
Applied tax rate
73,103.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1910
Heating
NONE
Stories
2
Total area
18,000 SF
Lot
0.06 ac (2,450 SF)
APN
14-18-100-006
UPID
US28-1290829
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
RETAIL STORES Current
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1910
Heating
NONE
Stories
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Broadmoor LLC
Entity
Mailing address
1830 W BYRON ST, CHICAGO, IL 60613-2730
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
$3,500,000
Broadmoor LLC
Full Acre Prop LLC 4725 Western Ser
Warranty Deed
—
Feb 8, 2018
$4,500,000
Thomas M Fencl
4725 Western LLC
Warranty Deed
—
Feb 8, 2018
—
Full Acre Props LLC 4725 Wstn
Fencl,thomas M
Grant Deed
related
$6,195,000 · Amalgamated Bk /chicago
May 4, 2017
—
4725 Western LLC
—
Trustees Deed
related
$400,000 · Jason Modzelewski
May 19, 2011
$1,700,000
Thomas Fencl
4725 Western LLC
Warranty Deed
—
Nov 15, 2006
—
4725 Western LLC
—
Deed Of Trust
related
$6,500,000 · Greatbank Chicago
Dec 10, 2004
$32,000
4725 Western LLC
Lincoln Square
Grant Deed
$3,000,000 · North Community Bank
—
—
William Platt
—
Deed Of Trust
related
$500,000 · First Bank
—
—
4725 Western LLC
—
Deed Of Trust
related
$575,000 · Northbrook Bank & Trust Co
—
—
4725 Western LLC
—
Deed Of Trust
related
$400,000 · North Community Bank
—
—
4725 Western LLC
—
Deed Of Trust
related
$480,000 · North Community Bank
—
—
4725 Western LLC
—
Deed Of Trust
related
$34,354 · North Community 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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