Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6153 Kildare Ave, Unit 1 Chicago, IL 60629-4966
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6153 Kildare Ave, Unit 1 Chicago, IL 60629-4966

    View on Map
    • Residential income homes
    • 2,576 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Aug 3, 2023
    $557,000
    Property ID
    US28-5408825
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    6.8%
    Residential income homes
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 6153 Kildare Ave

    Year built
    1914
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    2,576 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    19-15-417-018
    APU
    1915417018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $620,000
      ML approach
      $615,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $710,000
      6.5%
      $655,000
      7%
      $605,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $615,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7298
    Latitude
    41.7807
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,275
    $3,780
    $7,220
    $11,000
    -
    $37,800
    $72,200
    $110,000

    Comparable in this City

    • Value Estimation by Request
      2,024 SF

      6833 Artesian Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,024 SF
      6833 Artesian Ave, Chicago, IL 60629-1326
      View Details
    • Value Estimation by Request
      2,368 SF

      6542 Artesian Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,368 SF
      6542 Artesian Ave, Chicago, IL 60629-1305
      View Details
    • Value Estimation by Request
      2,616 SF

      6231 Sacramento Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,616 SF
      6231 Sacramento Ave, Chicago, IL 60629-2623
      View Details
    • Value Estimation by Request
      2,112 SF

      6117 Washtenaw Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,112 SF
      6117 Washtenaw Ave, Chicago, IL 60629-1635
      View Details
    • Value Estimation by Request
      2,448 SF

      5819 Troy St, Unit 2

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,448 SF
      5819 Troy St, Chicago, IL 60629-2522
      View Details
    • Value Estimation by Request
      2,103 SF

      7021 Talman Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,103 SF
      7021 Talman Ave, Chicago, IL 60629-1920
      View Details

    Similar Nearby for Sale

    • $395,000

      Mixed-Use Building Across Marquette Park

      Mixed-use building with retail/office space and residential units.
      3121 W 71St St, Chicago, IL 60629
      View Details
    • $6,500,000
      0.38 Acres

      Chicago Multifamily Property For Sale

      Multifamily property available in Chicago, Illinois.
      3000 W Marquette Rd, Chicago, IL 60629
      View Details
    • New
      $604,900
      0.12 Acres

      Chicago Multifamily Property for Sale

      Multifamily property in Chicago, Illinois available for purchase.
      2456 W Lithuanian Plaza Ct, Chicago, IL 60629
      View Details
    • $2,300,000

      Marquette Park Apartments Portfolio

      30-unit multifamily portfolio in Chicago, Illinois.
      6101 S Rockwell St, Chicago, IL 60629
      View Details
    • Contact for pricing

      Chicago Lawn Multifamily Investment Opportunity

      85-unit apartment building near Marquette Park in Chicago Lawn.
      3000-3030 W Marquette Rd, Chicago, IL 60629
      View Details
    • $515,000
      Pending

      Chicago Bungalow Multi-Unit Investment

      Brick multi-unit with rental income potential in Chicago.
      7022 S Maplewood Ave, Chicago, IL 60629
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      84,816 SF

      Manufacturing Space Near Transportation Hubs

      Manufacturing space with convenient access to transportation and enterprise zone benefits.
      3820 W 74Th St, Chicago, IL 60629
      View Details
    • $1,100 /Mo

      Commercial Storefront in Chicago Lawn

      Storefront in Chicago Lawn neighborhood with existing plumbing.
      2834 West 63Rd St, Chicago, IL 60629
      View Details
    • $10 SF/Yr

      Secure Stand-Alone Warehouse Opportunity

      26,000 SF warehouse with robust infrastructure and exceptional security.
      3605 W 63Rd St, Chicago, IL 60629
      View Details
    • Contact for pricing

      Commercial Space in Chicago, IL

      Retail space available for rent in Chicago, Illinois.
      3123 W 63Rd St, Chicago, IL 60629
      View Details
    • Contact for pricing

      Storefronts for Rent Near Kedzie

      Multiple storefronts available near 63rd and Kedzie in Chicago.
      6359 S Kedzie Ave, Chicago, IL 60629
      View Details
    • $11 SF/Yr

      Prime Retail Space on 63rd

      1,900 sq ft commercial space on busy 63rd Street.
      2918 W 63Rd St, Chicago, IL 60629
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6153 Kildare Ave, Unit 1
    Chicago, IL 60629-4966
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!