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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Residential income homes
5032 Crain St, Skokie, IL 60077-2203
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5728801
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,604 SF
Lot
0.11 ac (4,960 SF)
APN
10-21-206-028
UPID
US28-5728801
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
-
Nanji New Era Trading Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$645k
Owner & transaction history
Edison P Kivatsi · 2 yrs held
Edison P Kivatsi
since 2024
Last sale
$645,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$570,000
+24.7%
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 Skokie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Skokie 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
$645,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$485,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$460,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$390,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $645k (Jun 12 2024)
Last sale anchor
$645k
Jun 12 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
$248 / 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
$13,716
Tax year 2022
Assessed value
$44,000
Assessed 2022
Previous assessed
$44,000
+0.0% YoY
Effective rate
31.17%
On assessed value
Assessed land
$6,448
Assessed improvement
$37,552
Land market value
$64,480
Improvement market value
$375,520
Total market value
$440,000
Applied tax rate
24,026.0000
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
2
Bathrooms
2
Total area
2,604 SF
Lot
0.11 ac (4,960 SF)
APN
10-21-206-028
UPID
US28-5728801
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
$460,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
RETAIL STORES
Est. value
$390,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Edison P Kivatsi
Individual
Mailing address
5032 CRAIN ST, SKOKIE, IL 60077-2203
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Edison P Kivatsi
Edison P Kivatsi
Intrafamily Transfer
related
—
Apr 22, 2024
$645,000
Edison P Kivatsia
Sam Gorail
Warranty Deed
$612,750 · Resicentral LLC
Apr 22, 2024
$503,000
Sam Gorail
Ali Murtaza
Foreclosure
related
—
Oct 6, 2003
$472,500
Murtaza Ali
Franczak,jarowslaw
Grant Deed
$400,000 · Fieldstone Mortgage Co
Jan 22, 1999
$260,000
Jaroslaw Franczak
Michael Kastory Estate
Grant Deed
$234,000 · Carl I Brown Mortgage
—
—
Jaroslaw Franczak
—
Deed Of Trust
related
$323,000 · Midwest Home Mortgage Co LLC
—
—
Jaroslaaw Franczak
—
Deed Of Trust
related
$60,800 · Mid America Bank Fsb
—
—
Jaroslaw Franczak
—
Deed Of Trust
related
$330,000 · Washington Mutual Fsb
—
—
Murtaza Ali
—
Deed Of Trust
related
$463,000 · Washington Mutual Fsb
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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