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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Commercial real estate
5941 Kedzie Ave, Chicago, IL 60629
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US28-4626233
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1929
Total area
5,500 SF
Lot
0.27 ac (11,800 SF)
APN
19-13-300-017
UPID
US28-4626233
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Mnrnm LLC · 19 yrs held
Mnrnm LLC
since 2006
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$177 / 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
$10,894
Tax year 2022
Assessed value
$49,832
Assessed 2022
Previous assessed
$49,832
+0.0% YoY
Effective rate
21.86%
On assessed value
Assessed land
$42,037
Assessed improvement
$7,795
Land market value
$168,148
Improvement market value
$31,180
Total market value
$199,328
Applied tax rate
72,175.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1929
Heating
NONE
Stories
1
Total area
5,500 SF
Lot
0.27 ac (11,800 SF)
APN
19-13-300-017
UPID
US28-4626233
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
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Mnrnm LLC
Entity
Mailing address
6009 S KEDZIE AVE, CHICAGO, IL 60629-3222
Ownership since
2006
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 10, 2018
—
Mnrnm LLC
—
Grant Deed
related
$7,300,000 · Urban Ptshp Bk
Sep 1, 2006
$300,000
Mnrnm LLC
Kfc Corp
Grant Deed
$250,000 · Shorebank
Aug 12, 2003
$190,000
Kfc Corp
Southtown Medical Center LLC
Grant Deed
—
May 21, 2001
$175,000
Southtown Medical Center LLC
Bolanos,otto & Nancy
Grant Deed
$140,000 · Marquette National Bank
—
—
Mnrnm LLC
—
Deed Of Trust
related
$600,000 · Old Second Nat'l Bk
—
—
Mnrnm LLC
—
Deed Of Trust
related
$1,000,000 · Urban Ptshp Bk
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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