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Property profile & analytics
FOR SALE
Residential income homes
6541 Artesian Ave, Chicago, IL 60629-1304
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5578759
For Sale
1 / 20
$380,000
6541 Artesian Ave, Chicago, IL 60629-1304
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,118 SF
Lot
0.09 ac (3,720 SF)
APN
19-24-223-014
UPID
US28-5578759
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
Carmen E Rodriguez · 1 yrs held
Carmen E Rodriguez
since 2024
Last sale
$27,000
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 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
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
$2,482
Tax year 2022
Assessed value
$12,000
Assessed 2022
Previous assessed
$12,000
+0.0% YoY
Effective rate
20.68%
On assessed value
Assessed land
$2,976
Assessed improvement
$9,024
Land market value
$29,760
Improvement market value
$90,240
Total market value
$120,000
Applied tax rate
72,014.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Units
2
Bathrooms
2
Total area
2,118 SF
Lot
0.09 ac (3,720 SF)
APN
19-24-223-014
UPID
US28-5578759
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
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Carmen E Rodriguez
Individual
Mailing address
2925 WILCOX AVE, BELLWOOD, IL 60104-2247
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
—
Carmen E Rodriguez
Carmen E Rodriguez
Intrafamily Transfer
related
—
Sep 25, 2015
—
Hector Rodriguez
Rodriguez,carmen E
Quit Claim Deed
related
—
May 16, 2014
$110,000
Carmen E Rodriguez
Perez,maria A
Warranty Deed
related
—
Nov 4, 2013
—
Maria A Perez
Tamayo,maria A
Quit Claim Deed
related
—
Dec 15, 2010
$27,000
Maria Tamayo
Long Beach Trust 2005-3
Grant Deed
—
Mar 17, 2009
—
Long Beach Mtg Ln Trust 2005-3
Judicial Sales Corp
Grant Deed
related
—
Jul 12, 2005
$219,000
Charles Prater
Warren L Pearson
Warranty Deed
$175,200 · Long Beach Mortgage Co
Jun 1, 1998
$78,500
Warren L Pearson
Lucas,willie
Grant Deed
$78,119 · Norwest Mortgage INC
—
—
Warren L Pearson
—
Deed Of Trust
related
$82,783 · Resource Bancshares Mtg Group
—
—
Warren Pearson
—
Deed Of Trust
related
$27,546 · Banco Popular NA
—
—
Charles Prater
—
Deed Of Trust
related
$10,940 · Long Beach Mtg Loan 2005-3
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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