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Property profile & analytics
OFF-MARKET
Retail space
5149 Ashland Ave Chicago, IL 60609
Trust Owned
Free & Clear
Property ID
US28-5557003
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2009
Total area
2,400 SF
Lot
0.06 ac (2,664 SF)
APN
20-08-300-017
UPID
US28-5557003
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
-
Great Lakes Clinical Trials Medical Clinic
-
Dr. Linda Rice Physician
-
Chicago Neuropsychology and Cognitive Rehabilitation Physician Medical Clinic
-
Cherie Renee Gilleon D.O. Pediatrician Physician
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
Trust Number 9002350828
Trust Number 9002350828
since 2026
Last sale
$15.0M
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 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
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
$20,979
Tax year 2022
Assessed value
$101,996
Assessed 2022
Previous assessed
$101,996
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$5,994
Assessed improvement
$96,002
Land market value
$23,976
Improvement market value
$384,008
Total market value
$407,984
Applied tax rate
72,094.0000
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
2009
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.06 ac (2,664 SF)
APN
20-08-300-017
UPID
US28-5557003
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
2009
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Trust Number 9002350828
Trust
Free & Clear · 0 yrs held
Mailing address
600 W FULTON ST STE #200, CHICAGO, IL 60661-1262
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
Mar 23, 2026
—
Trust Number 9002360828
—
Deed
related
$3,500,000 · Albank NA
Feb 10, 2026
—
Trust Number 9002350828
Trust Number 37831
Deed
—
Mar 23, 2022
$15,000,000
Healthcura Real Estate INC
Danco Chicago LLC
Warranty Deed
$4,000,000 · Cibc Bank USA
Jan 29, 2021
—
Chicago Title Land Trust Company
—
Deed
related
$3,500,000 · Cole Taylor Bank
Sep 19, 2018
—
Dancoh Chicago LLC
—
Grant Deed
related
$7,000,000 · Wintrust Bk
Apr 5, 2013
$7,650,000
Dancoh Chicago LLC
Rk Dev Properties LLC
Grant Deed
$36,376 · Rk Dev Properties LLC
Sep 5, 2012
—
Rk Dev Properties LLC
—
Deed Of Trust
related
$1,600,000 · First Midwest Bank
Jul 6, 2011
—
Rk Dev Properties LLC
—
Grant Deed
related
$5,500,000 · First Community Bank
May 5, 2011
—
Rk Dev Properties LLC
—
Grant Deed
related
$2,271,000 · First Community Bank
Oct 9, 2008
$105,000
Rk Dev Properties LLC
Harris,ronald
Warranty Deed
—
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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