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Property profile & analytics
OFF-MARKET
Office buildings
6640 Cicero Ave, Bedford Park, IL 60638-5836
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2253236
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Lot
3.35 ac (145,926 SF)
APN
19-21-213-082
UPID
US28-2253236
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
-
At Once Printing (Bike/Boat/Book/etc) Store Printing Service
-
Midwest Business Consulting, LLC Business Management Consultant Aviation Consultant
-
Consolidated Management Professionals Consultant
-
Preferred Risk Administrators Consultant
-
Jack Hallberg Sr.: Allstate Insurance Insurance Agency
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
6640 LLC · 7 yrs held
6640 LLC
since 2019
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 Bedford Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$573,544
Tax year 2022
Assessed value
$1,699,625
Assessed 2022
Previous assessed
$1,952,524
-13.0% YoY
Effective rate
33.75%
On assessed value
Assessed land
$146,099
Assessed improvement
$1,553,526
Land market value
$584,396
Improvement market value
$6,214,104
Total market value
$6,798,500
Applied tax rate
36,016.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1988
Heating
NONE
Lot
3.35 ac (145,926 SF)
APN
19-21-213-082
UPID
US28-2253236
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
1988
Heating
NONE
Lot
3.35 ac
Current owner
From public records · entity-resolved
6640 LLC
Entity
Mailing address
12352 S NASHVILLE AVE, PALOS HEIGHTS, IL 60463-1777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Mar 21, 2019
—
6640 LLC
—
Deed
related
$1,165,494 · Byline Bk
Sep 12, 2017
—
6640 LLC
—
Deed
related
$6,470,000 · Byline Bk
Aug 4, 2016
—
6640 LLC
—
Deed
related
$450,000 · First Midwest Bk
Jul 20, 2016
—
Ld Acquisition Co 9 LLC
—
Deed
related
$116,600,000 · Deutsche Bk Tr Co Americas
Dec 28, 2012
—
Ld Acquisition Co 9 LLC
—
Deed Of Trust
related
$45,000,000 · Bank Of America
Feb 23, 2006
—
6640 LLC
—
Deed Of Trust
related
$18,784,000 · First Midwest Bank
—
—
6640 LLC
—
Loan Modification
related
$1,165,494 · Byline Bk
—
—
6640 LLC
—
Deed Of Trust
related
$3,097,048 · First Midwest Bank
—
—
6640 LLC
—
Deed Of Trust
related
$450,000 · First Midwest Bk
—
—
Ld Acquisition Co 9 LLC
—
Deed Of Trust
related
$116,600,000 · Deutsche Bk Tr Co Americas
—
—
6640 LLC
—
Deed Of Trust
related
$6,470,000 · Byline 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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