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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
5130 Elston Ave, Chicago, IL 60630-2429
Individually Owned
Absentee Owner
Free & Clear
Property ID
US28-1390374
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1967
Total area
4,300 SF
Lot
0.07 ac (3,125 SF)
APN
13-09-407-049
UPID
US28-1390374
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
-
The Blueprint Shop Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$550k
Owner & transaction history
Gustavo P Caicedo And Ellen R Caicedo Declara
Gustavo P Caicedo And Ellen R Caicedo Declara
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$580,000
+10.7%
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 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$525,000
Current use
OFFICE BUILDING
$580,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$128 / 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
$17,672
Tax year 2022
Assessed value
$85,920
Assessed 2022
Previous assessed
$85,920
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$14,062
Assessed improvement
$71,858
Land market value
$56,248
Improvement market value
$287,432
Total market value
$343,680
Applied tax rate
71,001.0000
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
1967
Heating
NONE
Stories
2
Total area
4,300 SF
Lot
0.07 ac (3,125 SF)
APN
13-09-407-049
UPID
US28-1390374
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
$525,000
OFFICE BUILDING
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$515,000
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
1967
Heating
NONE
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Gustavo P Caicedo And Ellen R Caicedo Declara
Individual
Free & Clear · 0 yrs held
Mailing address
2629 MARIAN LN, WILMETTE, IL 60091-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2026
—
Gustavo P Caicedo And Ellen R Caicedo Declara
Gus Caicedo
Quitclaim Deed
—
Jan 7, 2021
—
Gustavo P Caicedo
—
Deed
related
$299,580 · Fifth Third Bank
Jul 1, 2010
—
Gustavo P Caicedo
—
Trustees Deed
related
$360,000 · First Eagle National Bank
Apr 4, 2005
—
Caicedo,gus
—
Trustees Deed
related
$700,000 · First Eagle Nat'l Bk
May 30, 2003
$478,000
Gus Caicedo
Prairie Bank & Trust Co Ttee
Grant Deed
—
Jul 19, 2001
—
Prairie Bank & Trust Co Ttee
Prairie Bank & Trust Co Ttee
Quit Claim Deed
related
$562,169 · Prairie Bank & Trust Co
—
—
Prairie Bank & Trust Co Ttee
—
Deed Of Trust
related
$350,000 · Prairie Bank & Trust Co
—
—
Gustavo P Caicedo
—
Loan Modification
related
$460,000 · First Eagle Bk
—
—
Gustavo P Caicedo
—
Deed Of Trust
related
$599,161 · Fifth Third Bk NA
—
—
Gustavo P Caicedo
—
Deed Of Trust
related
$360,000 · First Eagle National 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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