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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
6236 Western Ave Chicago, IL 60636-2024
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-5676673
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1921
Total area
3,500 SF
Lot
0.06 ac (2,750 SF)
APN
19-13-431-028
UPID
US28-5676673
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
-
Diana's Playpen of Little Geniuses High School Daycare Center
-
Petco Dog Training Animal Training
-
Petco Vaccination Clinic Veterinary Clinic
-
fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
-
Petco Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$580k
Owner & transaction history
Precious Little Ones Learning · 11 yrs held
Precious Little Ones Learning
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$835,000
+54.9%
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 Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago 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
$370,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
RETAIL STORES
$540,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: +55% · Conversion: Moderate
OFFICE BUILDING
$470,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$166 / 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
$17,352
Tax year 2022
Assessed value
$74,178
Assessed 2022
Previous assessed
$74,178
+0.0% YoY
Effective rate
23.39%
On assessed value
Assessed land
$9,796
Assessed improvement
$64,382
Land market value
$39,184
Improvement market value
$257,528
Total market value
$296,712
Applied tax rate
72,005.0000
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 space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1921
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
4
Total area
3,500 SF
Lot
0.06 ac (2,750 SF)
APN
19-13-431-028
UPID
US28-5676673
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
RETAIL STORES Current
Est. value
$540,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
OFFICE BUILDING
Est. value
$470,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1921
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.06 ac
Current owner
From public records · entity-resolved
Precious Little Ones Learning
Individual
Mailing address
PO BOX 377589, CHICAGO, IL 60637-7589
Ownership since
2015
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
Dec 12, 2018
—
Precious Little Ones Learning
—
Deed
related
$350,000 · First Hm Bk
Apr 6, 2015
$70,000
Precious Little Ones Learning
Trust 1112015
Grant Deed
—
Jul 7, 2003
$70,000
Chicago Title Land Trt Co Ttee
Lasalle Bank NA Trustee
Grant Deed
$170,000 · Shorebank
Dec 7, 1999
$100,000
Lasalle Bank Trustee
Parkway Bank & Trust Trustee
Grant Deed
related
—
—
—
Trust 1112015
—
Deed Of Trust
related
$170,000 · Shore Bk
—
—
Precious Little Ones Learning
—
Deed Of Trust
related
$350,000 · First Hm Bk
—
—
Trust 1112015
—
Deed Of Trust
related
$40,000 · Shorebank
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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