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Property profile & analytics
OFF-MARKET
Retail space
5143 24th Pl, Cicero, IL 60804-2906
Individually Owned
3-yr Hold
Free & Clear
Property ID
US28-5873777
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Lot
0.15 ac (6,569 SF)
APN
16-28-215-001
UPID
US28-5873777
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Castelan Perez · 3 yrs held
David Castelan Perez
since 2022
Last sale
$420,000
7 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 Cicero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cicero 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$63,952
Tax year 2022
Assessed value
$146,429
Assessed 2022
Previous assessed
$146,429
+0.0% YoY
Effective rate
43.67%
On assessed value
Assessed land
$29,560
Assessed improvement
$116,869
Land market value
$118,240
Improvement market value
$467,476
Total market value
$585,716
Applied tax rate
15,006.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Heating
NONE
Stories
1
Lot
0.15 ac (6,569 SF)
APN
16-28-215-001
UPID
US28-5873777
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
Building & site characteristics
From public records
Year built
1923
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
David Castelan Perez
Individual
Free & Clear · 3 yrs held
Mailing address
3800 CATON FARM RD, JOLIET, IL 60431-1200
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2022
$420,000
David Castelan Perez
Eduardo Rodriguez
Warranty Deed
—
Sep 22, 2020
—
Eduardo Rodriguez
—
Deed
related
$1,466,916 · Republic Bk/chicago
Aug 10, 2017
—
Eduardo Rodriguez
—
Loan Modification
related
$1,663,645 · Republic Bk/chicago
Jul 26, 2006
$575,000
Eduardo Rodriguez
Mark Two Ents LLC
Warranty Deed
—
Aug 25, 2004
$330,000
Mark Two Ents LLC
Nissim,rafi
Warranty Deed
$247,500 · First Equity Bank
—
—
Eduardo Hodriguez
—
Deed Of Trust
related
$1,709,000 · Republic Bk/chicago
—
—
Eduardo G Rodriguez
—
Deed Of Trust
related
$450,000 · Harris NA
—
—
Eduardo Rodriguez
—
Deed Of Trust
related
$360,000 · Aztecamerica Bank
—
—
Eduardo Rodriguez
—
Loan Modification
related
$1,466,916 · Republic Bk/chicago
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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