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Property profile & analytics
OFF-MARKET
Retail space
586 Lincoln Ave, Winnetka, IL 60093-2308
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US28-0307107
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1929
Lot
0.07 ac (3,000 SF)
APN
05-20-203-021
UPID
US28-0307107
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
-
Jameson Sotheby's International Realty - Winnetka Real Estate Agency
-
Best 403b Rollover Planners Winnetka Financial Advisor
-
DH Home Realty Real Estate Agency
-
Winnetka Metra Station East Elm 1 Parking Lot & Garage
-
Karen Stroble | Evanston & Glencoe, IL Realtor | Jameson Sotheby's International Realty Real Estate Agency
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
586 Lincoln Investors LLC · 13 yrs held
586 Lincoln Investors LLC
since 2013
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 Winnetka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnetka 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
$46,991
Tax year 2022
Assessed value
$215,302
Assessed 2022
Previous assessed
$153,271
+40.5% YoY
Effective rate
21.83%
On assessed value
Assessed land
$18,750
Assessed improvement
$196,552
Land market value
$75,000
Improvement market value
$786,208
Total market value
$861,208
Applied tax rate
23,008.0000
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
1929
Heating
NONE
Lot
0.07 ac (3,000 SF)
APN
05-20-203-021
UPID
US28-0307107
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
1929
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
586 Lincoln Investors LLC
Entity
Mailing address
825 GRN BAY RD STE #100, WILMETTE, IL 60091-2500
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2023
—
586 Lincoln Investors LLC
—
Deed
related
$5,752,766 · Royal Banks Of Missouri
Jun 1, 2018
—
986 Green Bay Road LLC
—
Deed
related
—
Jan 16, 2013
$700,000
586 Lincoln Investors LLC
Rutledge E J Trust
Grant Deed
$560,000 · Rutledge Elizabeth J Trust
Jul 24, 2007
—
Rutledge Elizabeth J Trust
Rutledge,elizabeth J
Quit Claim Deed
related
—
—
—
586 Lincoln Investors LLC
—
Deed Of Trust
related
$560,000 · Midwest Bankcentre
—
—
586 Lincoln Investors LLC
—
Deed Of Trust
related
$5,400,000 · Us Bk
—
—
986 Green Bay Road LLC
—
Loan Modification
related
—
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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