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Property profile & analytics
OFF-MARKET
Parking lots & garages
616 Shabonee Trlp2, Mount Prospect, IL 60056-3921
Individually Owned
4-yr Hold
Free & Clear
Property ID
US28-2784430
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1955
Lot
0.25 ac (10,692 SF)
APN
08-12-401-035-1006
UPID
US28-2784430
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
Christina A Schneider · 4 yrs held
Christina A Schneider
since 2021
Last sale
$226,000
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 Mount Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Prospect 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
$228
Tax year 2022
Assessed value
$852
Assessed 2022
Previous assessed
$582
+46.4% YoY
Effective rate
26.76%
On assessed value
Assessed land
$106
Assessed improvement
$746
Land market value
$1,060
Improvement market value
$7,460
Total market value
$8,520
Applied tax rate
16,016.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1955
Heating
NONE
Lot
0.25 ac (10,692 SF)
APN
08-12-401-035-1006
UPID
US28-2784430
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
1955
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Christina A Schneider
Individual
Free & Clear · 4 yrs held
Mailing address
616 E SHABONEE TRL, MT PROSPECT, IL 60056-3921
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
$226,000
Christina A Schneider
Dwayne Shawn Allen
Warranty Deed
—
Sep 28, 2009
$203,000
Dwayne S Allen
Barba,karen L
Warranty Deed
$199,323 · Wells Fargo Bank
Feb 13, 2008
—
Barba Karen L Trust
Barba,karen L
Quit Claim Deed
related
—
Dec 17, 2007
—
Barba Karen L Trust
Barba,karen L
Quit Claim Deed
related
—
Apr 30, 1998
$123,500
Aileen J Ritt
Parkway Bank & Trust Trustee
Grant Deed
$116,500 · Labe Federal Bank
—
—
Aileen J Ritt
—
Deed Of Trust
related
$7,669 · Labe Bank
—
—
Dwayne S Allen
—
Deed Of Trust
related
$178,448 · Wells Fargo 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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