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Property profile & analytics
OFF-MARKET
Estimated value
$3,455,000
Auto shops
5950 Howard St, Skokie, IL 60077-2627
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-5677923
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Total area
27,628 SF
Lot
1.51 ac (65,776 SF)
APN
10-29-209-032
UPID
US28-5677923
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
-
Caliber Collision Auto Repair Shop
-
Hi Tech Auto Body of Skokie Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.46M
Owner & transaction history
Cc Skokie LLC · 5 yrs held
Cc Skokie LLC
since 2020
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.9M
+45.0%
Retail stores
$4.1M
+22.9%
Office building
$3.7M
+10.2%
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 Skokie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Skokie 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
$3,675,000
ML approach
$3,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,350,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,860,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$4,120,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$3,695,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$3.46M
Range $3.11M – $3.80M · ±10% · vs last sale $3.12M (Dec 17 2020)
Last sale anchor
$3.12M
Dec 17 2020
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
$125 / 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
$143,533
Tax year 2022
Assessed value
$625,389
Assessed 2022
Previous assessed
$518,668
+20.6% YoY
Effective rate
22.95%
On assessed value
Assessed land
$164,607
Assessed improvement
$460,782
Land market value
$658,428
Improvement market value
$1,843,128
Total market value
$2,501,556
Applied tax rate
24,029.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
27,628 SF
Lot
1.51 ac (65,776 SF)
APN
10-29-209-032
UPID
US28-5677923
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
AUTO REPAIR, GARAGE Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
RETAIL STORES
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
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
1969
Heating
NONE
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Cc Skokie LLC
Entity
Mailing address
8901 OLEANDER AVE, MORTON GROVE, IL 60053-1921
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
$3,122,500
Cc Skokie LLC
Ktj 329 LLC
Grant Deed
$2,050,000 · Inland Bk&tr
Feb 10, 2020
$2,483,000
Ktj 329 LLC
Pjf23 LLC
Warranty Deed
$2,300,000 · Associated Bk
Feb 7, 2018
—
Pjf23 LLC
—
Deed
related
$745,000 · Parkway Bank & Trust Co
Dec 17, 2012
—
Pjf23 LLC
—
Trustees Deed
related
$953,216 · North Shore Community Bank
Jun 22, 2009
—
Pjf23 LLC
—
Trustees Deed
related
$200,000 · North Shore Community Bank
Aug 24, 2006
$2,250,000
Pjf23 LLC
Breece,james E III & Susan P
Warranty Deed
$1,800,000 · Charter One Bank
Feb 20, 2004
$1,460,000
James E Breece III
Mac Realty Of Skokie INC
Grant Deed
$800,000 · American Chartered Bank
Oct 19, 1999
$1,425,000
Mac Realty Of Skokie INC
Gelber,howard
Grant Deed
$1,548,000 · American Chartered Bank
—
—
Pjf23 LLC
—
Deed Of Trust
related
$953,216 · North Shore Community Bank
—
—
Pjf23 LLC
—
Deed Of Trust
related
$982,000 · Somercor 504 INC
—
—
Pjf23 LLC
—
Deed Of Trust
related
$2,100,000 · North Shore Community Bank
—
—
Mac Realty Skokie INC
—
Deed Of Trust
related
$710,000 · Somercor 504 INC
—
—
Mac Realty Of Skokie INC
—
Deed Of Trust
related
$860,000 · American Chartered Bank
—
—
Pjf23 LLC
—
Deed Of Trust
related
$1,490,000 · Parkway 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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