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Property profile & analytics
OFF-MARKET
Retail residential properties
6001 Cermak Rd, Cicero, IL 60804-2193
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2804114
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1917
Lot
0.27 ac (11,687 SF)
APN
16-29-107-004
UPID
US28-2804114
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
by Request
Owner & transaction history
Mb Cermak LLC · 9 yrs held
Mb Cermak LLC
since 2016
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 Cicero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cicero 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
$59,465
Tax year 2022
Assessed value
$136,156
Assessed 2022
Previous assessed
$136,156
+0.0% YoY
Effective rate
43.67%
On assessed value
Assessed land
$21,036
Assessed improvement
$115,120
Land market value
$210,360
Improvement market value
$1,151,200
Total market value
$1,361,560
Applied tax rate
15,003.0000
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
1917
Heating
NONE
Lot
0.27 ac (11,687 SF)
APN
16-29-107-004
UPID
US28-2804114
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
1917
Heating
NONE
Lot
0.27 ac
Current owner
From public records · entity-resolved
Mb Cermak LLC
Entity
Mailing address
3400 W MONTROSE AVE, CHICAGO, IL 60618-1117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
—
Mb Cermak LLC
—
Deed
related
$1,845,000 · Marquette Bank NA
Apr 8, 2025
—
Mb Cermak LLC
—
Deed
related
$2,600,000 · Marquette Bank
Jul 26, 2021
—
Mb Cermak LLC
—
Deed
related
$684,351 · Pioneer State Bank
Jul 14, 2021
—
Mb Cermak LLC
—
Deed
related
$165,000 · Pioneer State Bank
Oct 19, 2020
—
Mb Cermak LLC
—
Deed
related
$270,000 · Pioneer St Bk
Aug 1, 2019
—
Mb Cermak LLC
—
Deed Of Trust
related
$300,000 · Pioneer St Bk
Dec 5, 2016
$650,000
Mb Cermak LLC
Lema,arturo I
Warranty Deed
$487,500 · Pioneer St Bk
Jan 17, 2014
—
Arturo I Lema
Trust 11126
Grant Deed
related
—
—
—
Mb Cermak LLC
—
Loan Modification
related
$270,000 · Pioneer St 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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