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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Garden apartment buildings
5900 Butterfield Rd, Berkeley, IL 60163-1500
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-1968266
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1960
Total area
6,298 SF
Lot
0.4 ac (17,550 SF)
APN
15-18-103-037
UPID
US28-1968266
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
$1.13M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.10M
Owner & transaction history
Trust 8002363607 · 8 yrs held
Trust 8002363607
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+54.8%
Retail stores
$940,000
+5.2%
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 Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley 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%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,380,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$940,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: -6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$765,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$175 / 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
$31,736
Tax year 2022
Assessed value
$88,027
Assessed 2022
Previous assessed
$88,027
+0.0% YoY
Effective rate
36.05%
On assessed value
Assessed land
$24,570
Assessed improvement
$63,457
Land market value
$245,700
Improvement market value
$634,570
Total market value
$880,270
Applied tax rate
31,029.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
NONE
Stories
3
Total area
6,298 SF
Lot
0.4 ac (17,550 SF)
APN
15-18-103-037
UPID
US28-1968266
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
$890,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$940,000
OFFICE BUILDING
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1960
Heating
NONE
Stories
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Trust 8002363607
Trust
Mailing address
956 S BARTLETT RD #180, BARTLETT, IL 60103-6500
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2017
—
Trust 8002363607
5900 Butterfield Props LLC
Quit Claim Deed
related
—
Jul 11, 2017
$700,000
Owners & 5900 Butterfield Rd LLC
Trust 80002363607
Grant Deed
$1,408,000 · Barrington Bk&tr Co NA
Oct 28, 2014
—
Trust 8002363607
Klein James R
Grant Deed
related
—
Mar 21, 2011
—
5900 Butterfield Props LLC
Trust 1-98-118
Grant Deed
$470,000 · Republic Bank Chicago
Jan 4, 2005
—
James R Klein
—
Trustees Deed
related
$75,000 · National Bank Commerce Tr & Sa
Jul 15, 1998
—
First American Savings Bank
Klein,james R & Patricia A
Grant Deed
related
—
Jun 11, 1998
$540,000
James R Klein
Sundquist,roy C & Lois E
Grant Deed
$185,000 · Seller
—
—
Trust 1-98-118
—
Deed Of Trust
related
$300,000 · National Bank Commerce Tr & Sa
—
—
Trust 1-98-118
—
Deed Of Trust
related
$300,000 · Citibank Fsb
—
—
James R Klein
—
Deed Of Trust
related
$235,500 · National Bank Commerce Tr & Sa
—
—
First American Bank Trustee
—
Deed Of Trust
related
$220,000 · Citibank Fsb
—
—
James R Klein
—
Deed Of Trust
related
$250,000 · National Bank Commerce Tr & Sa
—
—
James Klein
—
Deed Of Trust
related
$75,000 · National Bank Commerce Tr & Sa
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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