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Property profile & analytics
OFF-MARKET
Retail space
5811 Dempster St, Morton Grove, IL 60053-3050
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US28-0307129
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1959
Lot
0.07 ac (3,100 SF)
APN
10-20-201-018
UPID
US28-0307129
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
Current use
Occupant on record · Public records
-
Access Law P.C. Law Firm
-
Assyrian American Chamber of Commerce Business Service Center Advocacy Group
-
Farmers Insurance - Marcus Bujdei Insurance Agency
-
Assyrian Chamber of Commerce Business Service Center Advocacy Group
-
Assur Designs INC Kitchen & Bath Showroom Furniture & Home Goods
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
Advanced Holdings LLC · 26 yrs held
Advanced Holdings LLC
since 2000
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 Morton Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morton Grove 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
$13,959
Tax year 2022
Assessed value
$50,723
Assessed 2022
Previous assessed
$51,717
-1.9% YoY
Effective rate
27.52%
On assessed value
Assessed land
$18,600
Assessed improvement
$32,123
Land market value
$74,400
Improvement market value
$128,492
Total market value
$202,892
Applied tax rate
24,017.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1959
Heating
NONE
Stories
1
Lot
0.07 ac (3,100 SF)
APN
10-20-201-018
UPID
US28-0307129
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
1959
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Advanced Holdings LLC
Entity
Mailing address
5811 DEMPSTER ST, MORTON GROVE, IL 60053-3050
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
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
May 5, 2000
$460,000
Advanced Holdings LLC
Cole Taylor Bank Trustee
Grant Deed
related
$368,000 · Mount Prospect National Bank
—
—
Cole Taylor Bank Trustee
—
Deed Of Trust
related
$310,000 · Mount Prospect National Bank
—
—
Advance Holdings LLC
—
Deed Of Trust
related
$684,000 · Mount Prospect National Bank
—
—
Robert W Dekelaita
—
Loan Modification
related
$190,126 · First Bk
—
—
Advance Holdings LLC
—
Deed Of Trust
related
$692,000 · Mount Prospect National Bank
—
—
Advance Holdings 2 LLC
—
Deed Of Trust
related
$525,000 · Inland 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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