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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Commercial real estate
622 58th St, Kenosha, WI 53140-4117
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-0030684
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1912
Total area
21,824 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B-3
APN
12-223-31-479-005
UPID
US92-0030684
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
-
Upper East Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.38M
Owner & transaction history
Libbie S Kurtz · 3 yrs held
Libbie S Kurtz
since 2022
6 recorded transactions
Zoning & alternative use
B-3 · Kenosha, WI
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 Kenosha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kenosha 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10%
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
$109 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$60,376
Tax year 2023
Assessed value
$2,188,700
Assessed 2023
Previous assessed
$2,188,700
+0.0% YoY
Effective rate
2.76%
On assessed value
Assessed land
$43,600
Assessed improvement
$2,145,100
Land market value
$63,605
Improvement market value
$3,129,331
Total market value
$3,192,936
Applied tax rate
241.0000
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
1912
Heating
YES
Stories
2
Total area
21,824 SF
Lot
0.25 ac (10,890 SF)
Zoning code
B-3
APN
12-223-31-479-005
UPID
US92-0030684
Jurisdiction
KENOSHA
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Kenosha, WI
Zoning B-3 · permitted uses
B-3 · Kenosha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kenosha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Heating
YES
Stories
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Libbie S Kurtz
Individual
Free & Clear · 3 yrs held
Mailing address
5732 95TH AVE, KENOSHA, WI 53144-7844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 14, 2022
—
Libbie S Kurtz
John R Kurtz
Transfer On Death Deed
related
—
Aug 24, 2020
—
Historic Barden LLC
—
Deed Of Trust
related
$500,000 · Tri Cty Nat'l Bk
Mar 21, 2019
—
Historic Barden LLC
City Of Kenosha
Quit Claim Deed
related
$2,000,000 · Fire Subsidiary Cde 26 LLC
Oct 16, 2017
$200,000
City Of Kenosha
Kenosha Retail Group LLC
Warranty Deed
—
Aug 22, 2006
—
Catherine Vassiliades
Granger,michael H
Warranty Deed
—
Aug 22, 2006
$560,000
Kenosha Retail Group LLC
Vassiliades Catherine Tru
Grant Deed
related
—
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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