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Property profile & analytics
OFF-MARKET
Estimated value
$17,430,000
Retail space
66 Arlington Hts Rd, Arlington Hts, IL 60005-1455
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1865523
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1998
Lot
2.81 ac (122,404 SF)
APN
03-29-349-025
UPID
US28-1865523
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
-
Noodles and Company Restaurant
-
Rokchain Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.43M
Owner & transaction history
Arlington Main Equities LLC · 3 yrs held
Arlington Main Equities LLC
since 2022
Last sale
$17.0M
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 Arlington Hts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington Hts 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
$18,325,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.43M
Range $15.69M – $19.17M · ±10% · vs last sale $16.98M (Nov 29 2022)
Last sale anchor
$16.98M
Nov 29 2022
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
—
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
$886,240
Tax year 2022
Assessed value
$3,361,307
Assessed 2022
Previous assessed
$2,899,020
+15.9% YoY
Effective rate
26.37%
On assessed value
Assessed land
$458,880
Assessed improvement
$2,902,427
Land market value
$1,835,520
Improvement market value
$11,609,708
Total market value
$13,445,228
Applied tax rate
38,023.0000
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
1998
Heating
NONE
Lot
2.81 ac (122,404 SF)
APN
03-29-349-025
UPID
US28-1865523
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
1998
Heating
NONE
Lot
2.81 ac
Current owner
From public records · entity-resolved
Arlington Main Equities LLC
Entity
Mailing address
223 W JACKSON BLVD STE #950, CHICAGO, IL 60606-6979
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
33 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
$16,984,000
Arlington Main Equities LLC
Hcp III Arlington Ts LLC
Special Warranty Deed
$10,350,000 · Morgan Stanley Bank NA
Dec 8, 2020
—
Hcp III Arlington Ts LLC
—
Deed
related
$9,375,000 · Wells Fargo Bk
Nov 1, 2016
$15,800,000
Hcp III Arlington Ts LLC
Wbcmt 2007-c33 Evergreen Avenu
Grant Deed
—
Oct 14, 2010
—
Wbcmt 2000-c33 Evergreen Avenu
Sheriff Of Cook County
Trustees Deed
related
—
Jun 15, 2007
$500,000
Sumsion-arlington Town Sq LLC
1031 Arlington Town Square
Grant Deed
—
Jun 15, 2007
$868,500
Pb & J-arlington Town Square LLC
1031 Arlington Town Square
Grant Deed
—
Jun 15, 2007
$475,500
Fahy-arlington Square LLC
1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$500,000
Eton-arlington Town Square LLC
For 1031 Arlington Town Sq LLC
Grant Deed
—
Jun 13, 2007
$335,500
Farmer-arlington Town Sq LLC
For 1031 Arlington Town Sq LLC
Grant Deed
—
Jun 13, 2007
$451,500
Noce-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$360,000
Davis-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$1,680,000
Scanlin-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$778,000
Noel-arlington Town Square LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$450,000
Sun-arlington Town Square LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$300,000
Town Sq L Grudnitski-arlington
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$700,000
Oap-arlington Town Square LLC
For 1031 Arlington Town Square
Grant Deed
—
Jun 13, 2007
$368,000
Hartmann-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$300,000
Amin-arlington Town Square LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$350,000
Modjeska-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$450,000
Bentz-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$505,000
Castillon-arlington Town Sq Ll
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$400,000
Brandt-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$538,000
Leder-arlington Square LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$506,500
Williams-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$1,433,500
Marohl-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$500,000
Beutel-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$630,000
Jana-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$776,000
Boyer-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Apr 27, 2007
$600,000
Smith-arlington Town Sq LLC
For 1031 Arlington Town Square
Grant Deed
—
Mar 26, 2007
$20,266,666
For 1031 Arlington Town Sq LLC
Arlington Downtown Two LLC
Grant Deed
related
$19,760,000 · Artesia Mortgage Capital Corp
Nov 30, 2006
—
Arlington Block 349 LLC
Freed,joseph J
Grant Deed
related
—
Nov 14, 2002
$2,660,000
Joseph J Freed
Arlington Block 349 LLC
Grant Deed
—
—
—
Hcp III Arlington Ts LLC
—
Deed Of Trust
related
$9,375,000 · Wells Fargo Bk
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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