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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Residential income homes
5729 35th St Cicero, IL 60804-4274
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US28-1744322
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,049 SF
Lot
0.07 ac (2,950 SF)
APN
16-32-404-007
UPID
US28-1744322
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
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$910k
Owner & transaction history
1619 Kenilworth LLC · 1 yrs held
1619 Kenilworth LLC
since 2024
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+10.5%
Office building
$1.1M
+2.2%
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 Cicero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cicero 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
$910,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Current use
RETAIL STORES
$1,170,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$1,085,000
Change: +2% · Conversion: Moderate
AUTO REPAIR, GARAGE
$965,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $910k (Sep 27 2024)
Last sale anchor
$910k
Sep 27 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
$113 / 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
$7,791
Tax year 2022
Assessed value
$17,838
Assessed 2022
Previous assessed
$17,838
+0.0% YoY
Effective rate
43.68%
On assessed value
Assessed land
$2,728
Assessed improvement
$15,110
Land market value
$27,280
Improvement market value
$151,100
Total market value
$178,380
Applied tax rate
15,001.0000
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
3
Units
4
Bathrooms
6
Total area
8,049 SF
Lot
0.07 ac (2,950 SF)
APN
16-32-404-007
UPID
US28-1744322
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
3
Units
4
Bathrooms
6
Lot
0.07 ac
Current owner
From public records · entity-resolved
1619 Kenilworth LLC
Entity
Mailing address
7648 N CAMBRIDGE RD STE 2E, DARIEN, IL 60561-4312
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2024
$910,000
1619 Kenilworth LLC
Plaza Developer INC
Warranty Deed
$1,072,500 · Forest Park National Bank & Trust C
Jul 3, 2014
$440,000
Plaza Developer INC
Fcbt Holdings LLC Series Fc Pa
Grant Deed
$308,000 · Hinsdale Bk&tr
Jan 29, 2013
—
Fcbt Holdings LLC Series Fc Pa
Ojeda,celestino
Quit Claim Deed
related
—
Dec 6, 2010
—
Celestino M Ojeda
—
Deed Of Trust
related
$1,393,900 · First Chicago Bank & Trust
Jun 8, 2010
—
Celestino M Ojeda
—
Grant Deed
related
$1,393,900 · First Chicago Bank & Trust
Jan 16, 2001
$219,000
Celestino M Oleda
Lasalle Bank NA Trustee
Grant Deed
$175,000 · Labe Bank
—
—
Plaza Developer INC
—
Deed Of Trust
related
$180,000 · Hinsdale Bk&tr
—
—
Martin Saldivar JR.
—
Deed Of Trust
related
$7,500 · Illinois Housing Dev Authority
—
—
Celestino M Ojeda
—
Deed Of Trust
related
$150,000 · Banco Popular North America
—
—
Celestino M Ojeda
—
Deed Of Trust
related
$220,000 · Greenpoint Mortgage Funding
—
—
Celestino M Ojeda
—
Deed Of Trust
related
$793,900 · First Chicago Bank & Trust
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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