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Property profile & analytics
OFF-MARKET
Residential income homes
5633 Bishop St Chicago, IL 60636-1315
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-4701380
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,688 SF
Lot
0.07 ac (3,125 SF)
APN
20-17-111-014
UPID
US28-4701380
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
Armando Salinas Molina · 2 yrs held
Armando Salinas Molina
since 2023
Last sale
$15,000
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
$119
Tax year 2022
Assessed value
$3,999
Assessed 2022
Previous assessed
$3,999
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$2,031
Assessed improvement
$1,968
Land market value
$20,310
Improvement market value
$19,680
Total market value
$39,990
Applied tax rate
72,001.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Units
2
Bathrooms
2
Total area
1,688 SF
Lot
0.07 ac (3,125 SF)
APN
20-17-111-014
UPID
US28-4701380
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
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Armando Salinas Molina
Individual
Mailing address
5633 S BISHOP ST, CHICAGO, IL 60636-1315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2023
—
Armando Salinas Molina
Armando Salinas Molina
Intrafamily Transfer
related
—
May 14, 2014
$15,000
Armando S Molina
Quicken Lns INC
Grant Deed
—
Nov 8, 2013
—
Quicken Lns INC
Judicial Sales Corp
Grant Deed
related
—
Jul 27, 2011
$335,000
Mohsin Mohammed
5633 S Bishop Land Trust
Warranty Deed
$326,507 · Quicken Loans INC
Jun 30, 2011
$30,000
Bergman Holding
Federal Natl Mtg Assn Fnma
Grant Deed
—
Jan 12, 2011
—
5633 S Bishop Land Trust Of Chicago
Bergman & Ray Holdings Of Chic
Quit Claim Deed
related
—
Jun 9, 2010
—
Federal Natl Mtg Assn Fnma
Judicial Sales Corp
Trustees Deed
related
—
Jul 30, 2008
$365,000
Thomas Rizzo
Snap Holdings LLC Series 38
Warranty Deed
$292,000 · Citimortgage INC
Jul 30, 2008
—
Snap Holdings LLC-series 38
Value Right LLC
Warranty Deed
related
—
Apr 4, 2008
$80,500
Value Right LLC
South Point INC
Special Warranty Deed
$181,000 · Smith Rothchild Financial Co
Jul 3, 2007
—
South Point INC
Sheriff Of Cook County
Trustees Deed
related
—
Nov 15, 2005
$133,000
Trust 18809
Williams,jerome & Denise C
Warranty Deed
—
—
—
Williams Jerome
—
Deed Of Trust
related
$104,000 · Ameriquest Mortgage Corp
—
—
5633 S Bishop Land Trust
—
Deed Of Trust
related
$87,000 · Emergent Cap Invs Ltd
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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