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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Retail residential properties
5256 Irving Park Rd Chicago, IL 60641-2558
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0951068
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1920
Total area
2,700 SF
Lot
0.13 ac (5,637 SF)
APN
13-16-324-020
UPID
US28-0951068
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
$1.15M
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$1.15M
Owner & transaction history
3538 W Belmont LLC · 1 yrs held
3538 W Belmont LLC
since 2024
Last sale
$1.1M
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
Method
Estimation
Statistic approach
$1,145,000
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.15M (Nov 19 2024)
Last sale anchor
$1.15M
Nov 19 2024
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
$424 / 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
$16,737
Tax year 2022
Assessed value
$81,373
Assessed 2022
Previous assessed
$81,373
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$10,146
Assessed improvement
$71,227
Land market value
$101,460
Improvement market value
$712,270
Total market value
$813,730
Applied tax rate
71,043.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1920
Heating
NONE
Stories
2
Total area
2,700 SF
Lot
0.13 ac (5,637 SF)
APN
13-16-324-020
UPID
US28-0951068
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
1920
Heating
NONE
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
3538 W Belmont LLC
Entity
Mailing address
4016 W MELROSE ST, CHICAGO, IL 60641-4707
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
Nov 19, 2024
$1,145,000
3538 W Belmont LLC
5254 Irving Park LLC
Warranty Deed
$845,000 · Community Savings Bank
Dec 30, 2021
$1,000,000
5254 Irving Park LLC
Todor Mateiu
Warranty Deed
$750,000 · Barrington Bank & Trust Company NA
Feb 2, 2021
—
Todor Mateiu
—
Deed
related
$200,000 · Christopher J Schafer Etal
Aug 5, 1998
$380,000
Todor Mateiu
Graham,kenneth M
Grant Deed
$304,000 · Lincoln Park Savings Bank
—
—
Todor Mateiu
—
Deed Of Trust
related
$375,000 · Mb Financial Bank NA
—
—
Todor Mateiu
—
Deed Of Trust
related
$409,500 · Lincoln Park Savings Bank
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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