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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
4839 Western Ave Chicago, IL 60625-1954
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US28-4878584
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1953
Total area
5,100 SF
Lot
0.07 ac (2,929 SF)
APN
14-07-318-007
UPID
US28-4878584
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
-
Chicago Soccer (Bike/Boat/Book/etc) Store
-
New Covenant Christ Fellowship Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$660k
Blend (final)
Blend
$625k
Owner & transaction history
Chicago Soccer Building LLC · 23 yrs held
Chicago Soccer Building LLC
since 2003
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$685,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$630,000
Current use
OFFICE BUILDING
$685,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$610,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$123 / 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
$24,038
Tax year 2022
Assessed value
$111,999
Assessed 2022
Previous assessed
$111,999
+0.0% YoY
Effective rate
21.46%
On assessed value
Assessed land
$36,612
Assessed improvement
$75,387
Land market value
$146,448
Improvement market value
$301,548
Total market value
$447,996
Applied tax rate
73,102.0000
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
1953
Heating
NONE
Stories
2
Total area
5,100 SF
Lot
0.07 ac (2,929 SF)
APN
14-07-318-007
UPID
US28-4878584
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
$630,000
OFFICE BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$610,000
RETAIL STORES Current
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
1953
Heating
NONE
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Chicago Soccer Building LLC
Entity
Mailing address
4839 N WESTERN AVE, CHICAGO, IL 60625-1954
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2020
—
Chicago Soccer Building LLC
—
Deed
related
$350,000 · Heartland Bk
Jan 9, 2019
—
Chicago Soccer Building LLC
—
Deed
related
$592,116 · Heartland Bk
Aug 15, 2017
—
Chicago Soccer Building LLC
—
Deed
related
$500,000 · Heartland Bk
Jun 4, 2003
$525,000
Chicago Soccer Building LLC
4839 Building Corp
Grant Deed
$478,220 · Lasalle National Bank
—
—
Chicago Soccer Building LLC
—
Deed Of Trust
related
$300,000 · Heartland Bk
—
—
Chicago Soccer Building LLC
—
Loan Modification
related
$592,116 · Heartland Bk
—
—
Chicago Soccer Building LLC
—
Loan Modification
related
$350,000 · Heartland Bk
—
—
Chicago Soccer Building LLC
—
Loan Modification
related
$350,000 · Heartland Bk
—
—
Chicago Soccer Building LLC
—
Loan Modification
related
—
—
—
Chicago Soccer Building LLC
—
Loan Modification
related
$500,000 · Heartland Bk
—
—
Chicago Soccer Building LLC
—
Deed Of Trust
related
$220,000 · Somercor 504 INC
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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