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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Retail residential properties
5863 Glenwood Ave Chicago, IL 60660-3449
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US28-0193913
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1914
Total area
4,965 SF
Lot
0.11 ac (4,625 SF)
APN
14-05-310-022
UPID
US28-0193913
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
-
House 5863- Bed and Breakfast Bed & Breakfast Restaurant
-
Broadway Blue, LLC Corporate Office Financial Advisor
-
Smart Property USA Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$1.24M
Owner & transaction history
House 5863 INC · 14 yrs held
House 5863 INC
since 2011
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10%
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
$249 / 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
$28,796
Tax year 2022
Assessed value
$140,000
Assessed 2022
Previous assessed
$140,000
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$37,000
Assessed improvement
$103,000
Land market value
$370,000
Improvement market value
$1,030,000
Total market value
$1,400,000
Applied tax rate
73,105.0000
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
1914
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
2
Total area
4,965 SF
Lot
0.11 ac (4,625 SF)
APN
14-05-310-022
UPID
US28-0193913
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
1914
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
House 5863 INC
Entity
Mailing address
5863 N GLENWOOD AVE, CHICAGO, IL 60660-3449
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Aug 29, 2011
—
House 5863 INC
Payton,rusty A
Warranty Deed
related
—
May 17, 2005
$775,000
Rusty A Payton
Caprucean,ovidiu
Warranty Deed
$620,000 · National City Mortgage Co
Sep 7, 2001
$377,500
Darlene Penrod
Wilmoth,kelly & Linda
Grant Deed
$237,500 · Washington Mutual Fsb
—
—
Rusty A Payton
—
Deed Of Trust
related
$120,000 · Citibank NA
—
—
Rusty A Payton
—
Deed Of Trust
related
$900,000 · Indymac Bank Fsb
—
—
Darlene Penrod
—
Deed Of Trust
related
$290,000 · Washington Mutual Fsb
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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