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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Community centers
6250 California Ave Chicago, IL 60659-2608
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-5583359
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Total area
16,800 SF
Lot
0.14 ac (6,200 SF)
APN
13-01-115-016
UPID
US28-5583359
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
$2.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.36M
Owner & transaction history
6250 North California LLC · 5 yrs held
6250 North California LLC
since 2021
Last sale
$1.8M
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 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
$2,715,000
ML approach
$2,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±10% · vs last sale $1.84M (Apr 2 2021)
Last sale anchor
$1.84M
Apr 2 2021
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
$140 / 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
$19,198
Tax year 2022
Assessed value
$93,339
Assessed 2022
Previous assessed
$91,750
+1.7% YoY
Effective rate
20.57%
On assessed value
Assessed land
$27,900
Assessed improvement
$65,439
Land market value
$111,600
Improvement market value
$261,756
Total market value
$373,356
Applied tax rate
71,001.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
16,800 SF
Lot
0.14 ac (6,200 SF)
APN
13-01-115-016
UPID
US28-5583359
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
1985
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
6250 North California LLC
Entity
Mailing address
799 MILBECK AVE, ELK GROVE VLG, IL 60007-3609
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
May 19, 2022
—
6250 North California LLC
—
Deed
related
$1,189,500 · First Republic Bank
Apr 2, 2021
$1,835,000
6250 North California LLC
6226 California LLC
Special Warranty Deed
—
Oct 7, 2013
$1,860,000
6226 California LLC
Chicago Real Estate Investors
Grant Deed
$900,000 · Village Bank & Trust
Aug 10, 2009
—
Chicago Real Estate Invtrs LLC
Terra Marketing INC
Quit Claim Deed
related
—
Feb 13, 2009
—
Terra Marketing INC
Sheriff Of Cook County
Trustees Deed
related
—
Mar 22, 2005
—
6225-50 North California LLC
Trust 6554
Grant Deed
related
—
—
—
6225-50 North California LLC
—
Deed Of Trust
related
$2,800,000 · Charter One Bank
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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