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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Motels
5230 Lincoln Ave Chicago, IL 60625-2421
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5836048
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1962
Total area
14,200 SF
Lot
0.07 ac (3,125 SF)
APN
13-12-229-019
UPID
US28-5836048
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
$1.08M
Owner & transaction history
A C Motel LLC · 2 yrs held
A C Motel LLC
since 2024
6 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
$76 / 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
$26,561
Tax year 2022
Assessed value
$129,135
Assessed 2022
Previous assessed
$129,135
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$19,531
Assessed improvement
$109,604
Land market value
$78,124
Improvement market value
$438,416
Total market value
$516,540
Applied tax rate
71,053.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1962
Heating
NONE
Stories
2
Total area
14,200 SF
Lot
0.07 ac (3,125 SF)
APN
13-12-229-019
UPID
US28-5836048
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
1962
Heating
NONE
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
A C Motel LLC
Entity
Mailing address
242 WESTMORELAND DR, WILMETTE, IL 60091-3060
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
A C Motel LLC
Lang Orn Siam
Quit Claim Deed
related
—
Jun 7, 2024
—
City Of Chicago
Ac Motel LLC
Warranty Deed
—
Jun 1, 2007
—
Ac Motel LLC
Ac Motel INC
Quit Claim Deed
related
—
Feb 20, 2002
—
Ac Motel INC
Orn,hok L & Stam L
Grant Deed
$1,045,764 · Bank One NA
Nov 9, 2000
$550,000
Chicago Title Land Trust Ttee
Lasalle Bank NA Trustee
Grant Deed
$440,000 · Labe Federal Bank
—
—
Michael Vidales
—
Deed Of Trust
related
$87,000 · Quicken Loans INC
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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