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Property profile & analytics
OFF-MARKET
Gas stations
6901 Milwaukee Ave, Niles, IL 60714-4421
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2101837
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1959
Lot
0.28 ac (12,054 SF)
APN
10-31-209-079
UPID
US28-2101837
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
-
Shell Grocery & Convenience Store
-
Central HVAC Repair-Service-Inc Corporate Office
-
Bunker Hill Shell Gas Company Gas Station
-
Harry & George Inc Gas Company
-
Central Heating & Cooling Hardware & Home Improvement HVAC Service
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
Harry Psarros · 25 yrs held
Harry Psarros
since 2000
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
$27,236
Tax year 2022
Assessed value
$125,060
Assessed 2022
Previous assessed
$129,580
-3.5% YoY
Effective rate
21.78%
On assessed value
Assessed land
$42,189
Assessed improvement
$82,871
Land market value
$168,756
Improvement market value
$331,484
Total market value
$500,240
Applied tax rate
24,011.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1959
Heating
NONE
Lot
0.28 ac (12,054 SF)
APN
10-31-209-079
UPID
US28-2101837
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
1959
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
Harry Psarros
Individual
Mailing address
714 S CHRIS LN, MT PROSPECT, IL 60056-3516
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2018
—
Harry Psarros
—
Deed
related
$1,123,264 · Village Bk
Mar 7, 2007
—
Harry Psarros
—
Trustees Deed
related
$1,250,000 · Village Bank & Trust
Jan 26, 2007
—
Harry Psarros
—
Trustees Deed
related
$300,000 · Village Bank & Trust
Jun 2, 2003
—
Harry Psarros
—
Deed Of Trust
related
$1,100,000 · Parkway Bank & Trust Co
Dec 14, 2001
—
George E Zervos
—
Trustees Deed
related
$600,000 · Parkway Bank & Trust Co
Oct 18, 2000
$247,000
Harry Psarros
Mohammed,ahmed
Grant Deed
—
Jul 8, 1999
$165,000
Ahmed Mohammed
American Nat'l Bk&tr Chgo Ttee
Grant Deed
—
—
—
Harry Psarros
—
Loan Modification
related
$1,123,264 · Village Bk
—
—
Harry Psarros
—
Deed Of Trust
related
$570,000 · Village Bank & Trust
—
—
Harry Psarros
—
Deed Of Trust
related
$950,000 · Parkway Bank & Trust Co
—
—
Harry Psarros
—
Deed Of Trust
related
$271,198 · Village Bank & Trust
—
—
Harry Psarros
—
Deed Of Trust
related
$124,600 · Village Bank & Trust
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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