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Property profile & analytics
FOR SALE
Community centers
5222 W Touhy Ave, Skokie, IL 60077
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-4781450
For Sale
1 / 2
$2,380,952
5222 W Touhy Ave, Skokie, IL 60077
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
APN
10-28-313-036
UPID
US28-4781450
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
$2.14M
Owner & transaction history
Virji V INC · 1 yrs held
Virji V INC
since 2025
Last sale
$2.1M
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 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
$2,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.14M (May 5 2025)
Last sale anchor
$2.14M
May 5 2025
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
—
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
$379,087
Tax year 2022
Assessed value
$1,651,718
Assessed 2022
Previous assessed
$1,545,154
+6.9% YoY
Effective rate
22.95%
On assessed value
Assessed land
$443,103
Assessed improvement
$1,208,615
Land market value
$1,772,412
Improvement market value
$4,834,460
Total market value
$6,606,872
Applied tax rate
24,029.0000
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
Community centers
Use group
MINI-MALL
Status
For Sale
Heating
NONE
APN
10-28-313-036
UPID
US28-4781450
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
Heating
NONE
Current owner
From public records · entity-resolved
Virji V INC
Entity
Mailing address
350 W HUBBARD ST STE #450, CHICAGO, IL 60654-5806
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
Forest Touhy Plaza LLC
—
Deed
related
$5,600,000 · First American Bank
May 5, 2025
$2,137,000
Virji V INC
Bond Touhy LLC
Special Warranty Deed
—
Jan 3, 2025
—
Skokie Chicken LLC
—
Deed
related
$2,550,000 · Pan American Bank & Trust
Dec 30, 2024
—
Skokie Chicken LLC
Bond Touhy LLC
Deed
related
—
Nov 4, 2024
—
Bond Touhy LLC
—
Deed
related
$6,400,000 · Htlf Bank
Jan 31, 2020
—
Bond Touhy LLC
—
Deed
related
$7,200,000 · Cibc Bk USA
Aug 1, 2019
—
Bond Touhy LLC
—
Deed
related
$6,995,643 · Cibc Bk USA
Jul 1, 2016
—
Bond Touhy LLC
—
Deed
related
$7,200,000 · Privatebank & Tr
Jun 9, 2014
$5,900,000
Bond Touhy LLC
Touhy Plaza LLC
Grant Deed
related
$4,130,000 · Jjeegg LLC
—
—
Bond Touhy LLC
—
Loan Modification
related
$6,995,643 · Cibc Bk USA
—
—
Bond Touhy LLC
—
Loan Modification
related
$7,200,000 · Cibc Bk USA
—
—
Bond Touhy LLC
—
Deed Of Trust
related
$7,200,000 · Privatebank & Tr
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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