New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Retail space
6681 Olmsted Ave Chicago, IL 60631-1335
Trust Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1921044
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1967
Total area
22,500 SF
Lot
0.43 ac (18,750 SF)
APN
09-36-416-036
UPID
US28-1921044
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
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.27M
Owner & transaction history
Pullman Bank & Trust Co Ttee · 27 yrs held
Pullman Bank & Trust Co Ttee
since 1999
6 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
by Request
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10%
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
$56 / 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
$56,563
Tax year 2022
Assessed value
$275,000
Assessed 2022
Previous assessed
$275,000
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$84,375
Assessed improvement
$190,625
Land market value
$337,500
Improvement market value
$762,500
Total market value
$1,100,000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1967
Heating
NONE
Stories
3
Total area
22,500 SF
Lot
0.43 ac (18,750 SF)
APN
09-36-416-036
UPID
US28-1921044
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
1967
Heating
NONE
Stories
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Pullman Bank & Trust Co Ttee
Trust
Mailing address
6650 NNW HWY, CHICAGO, IL 60631-1307
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2016
—
Ld Acquisition Co 8 LLC
—
Deed
related
$116,600,000 · Deutsche Bk Tr Co Americas (te
Jul 6, 1999
—
Pullman Bank & Trust Co Ttee
—
Grant Deed
related
$255,000 · Pullman Bank & Trust Co
Apr 15, 1999
$512,500
Pullman Bank & Trust Co Ttee
Christie,james J
Grant Deed
related
$820,000 · Pullman Bank & Trust Co
—
—
Ld Acquisition Co 8 LLC
—
Deed Of Trust
related
$1,332,404 · Cadence Bk
—
—
Ld Acquisition Co 8 LLC
—
Deed Of Trust
related
$116,600,000 · Deutsche Bk Tr Co Americas (te
—
—
Pullman Bank & Trust Co Ttee
—
Deed Of Trust
related
$1,400,000 · Harris Bank Elk Grove NA
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?”
You own 6681 Olmsted Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
