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Property profile & analytics
OFF-MARKET
Retail space
5240 Western Ave Chicago, IL 60625
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-1200881
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Total area
2,800 SF
Lot
0.12 ac (5,031 SF)
APN
13-12-234-008
UPID
US28-1200881
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
Hpg Holding INC · 8 yrs held
Hpg Holding INC
since 2018
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
$23,177
Tax year 2022
Assessed value
$112,683
Assessed 2022
Previous assessed
$112,683
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$31,443
Assessed improvement
$81,240
Land market value
$125,772
Improvement market value
$324,960
Total market value
$450,732
Applied tax rate
71,054.0000
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
1955
Heating
NONE
Stories
1
Total area
2,800 SF
Lot
0.12 ac (5,031 SF)
APN
13-12-234-008
UPID
US28-1200881
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
1955
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Hpg Holding INC
Entity
Mailing address
5214 N WESTERN AVE, CHICAGO, IL 60625-2589
Ownership since
2018
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
Mar 1, 2018
—
Hpg Holding INC
E & W Dev INC
Warranty Deed
related
—
Nov 6, 2017
—
Sunad Home Care INC
—
Deed
related
$100,000 · Byline Bank
Aug 4, 2017
—
Sunad Home Care INC
—
Deed
related
$355,000 · Byline Bank
Jun 15, 2017
$350,000
St Marys Petroleum INC
E & W Dev INC
Deed
related
$340,000 · E & W Dev INC
Dec 15, 2016
—
E & W Dev INC
—
Deed
related
$1,200,000 · Az Spe LLC
Apr 24, 2014
$425,000
Sunad Homecare INC
Josefina Valdez Cirera
Warranty Deed
$385,700 · Stearns Bank NA
Apr 27, 2005
—
Cirera Alejandrino F Trust
Cirera,alejandrino
Quit Claim Deed
related
—
May 26, 1999
$220,000
Alejandrino Cirera
Lasalle Bank NA Trustee
Grant Deed
$184,000 · First National Bank Chicago
—
—
Cirera A F Living Trust
—
Deed Of Trust
related
$262,561 · Mb Financial Bank NA
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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