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Property profile & analytics
FOR SALE
Retail space
6549 North Ave, Oak Park, IL 60302
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5837520
For Sale
1 / 21
$629,000
6549 North Ave, Oak Park, IL 60302
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1958
Total area
1,968 SF
Lot
0.07 ac (3,125 SF)
APN
16-06-204-005
UPID
US28-5837520
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
Iron Mountain Properties LLC · 2 yrs held
Iron Mountain Properties LLC
since 2024
Last sale
$223,000
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 Oak Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Park 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
$35,369
Tax year 2022
Assessed value
$92,106
Assessed 2022
Previous assessed
$92,106
+0.0% YoY
Effective rate
38.40%
On assessed value
Assessed land
$19,531
Assessed improvement
$72,575
Land market value
$78,124
Improvement market value
$290,300
Total market value
$368,424
Applied tax rate
27,001.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
For Sale
Year built
1958
Heating
NONE
Stories
1
Total area
1,968 SF
Lot
0.07 ac (3,125 SF)
APN
16-06-204-005
UPID
US28-5837520
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
1958
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Iron Mountain Properties LLC
Entity
Mailing address
5816 LAUREL AVE, LA GRANGE HIGHLANDS, IL 60525-7032
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
—
Iron Mountain Properties LLC
County Of Cook
Public Action
related
—
Jan 28, 2015
$223,000
Robert Gray
Kaminski,dennis & Martha
Warranty Deed
—
Oct 4, 2010
$327,500
Dennis Kaminski
Itasca Bank & Trust Co
Grant Deed
—
Oct 22, 2009
—
Matthew H Houder
Jones,christopher G
Quit Claim Deed
related
—
Nov 5, 2003
$250,000
Christopher G Jones
Austin Bank Chicago
Grant Deed
$200,000 · Itasca Bank & Trust Co
May 28, 2002
—
Austin Bank Chicago
Perkins,benjamin J
Trustees Deed
related
—
—
—
Christopher G Jones
—
Deed Of Trust
related
$100,000 · Itasca Bank & Trust Co
—
—
Christopher G Jones
—
Deed Of Trust
related
$625,000 · Itasca Bank & Trust Co
—
—
Trust 12450
—
Deed Of Trust
related
$462,150 · Itasca Bank & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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