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Property profile & analytics
OFF-MARKET
Retail space
7200 Western Ave Chicago, IL 60645-1812
Entity Owned
~
Est. High Equity
Property ID
US28-0141467
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1985
Lot
0.64 ac (27,969 SF)
APN
10-25-428-110
UPID
US28-0141467
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
-
ABC Wireless Mobile Phone Store Electronics & Wireless Store
-
ABC HVAC Service HVAC Service General Contractor
-
Bitcoin ATM Chicago-Cryptobase Atm
-
Doctores y Mas Quiropracticos de Accidentes Auto y Trabajo en Chicago Alternative Medicine Practice
-
Grandview Health Partners - Accident Injury Chiropractors Chicago Alternative Medicine Practice
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
Stellar Pain And Spine Real Estate LLC
Stellar Pain And Spine Real Estate LLC
since 2026
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 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
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
$90,119
Tax year 2022
Assessed value
$438,145
Assessed 2022
Previous assessed
$438,145
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$117,120
Assessed improvement
$321,025
Land market value
$468,480
Improvement market value
$1,284,100
Total market value
$1,752,580
Applied tax rate
75,015.0000
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
1985
Heating
NONE
Lot
0.64 ac (27,969 SF)
APN
10-25-428-110
UPID
US28-0141467
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
1985
Heating
NONE
Lot
0.64 ac
Current owner
From public records · entity-resolved
Stellar Pain And Spine Real Estate LLC
Entity
Mailing address
7200 N WESTERN AVE, CHICAGO, IL 60645-1812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2026
—
Stellar Pain And Spine Real Es
—
Deed
related
$1,559,000
May 6, 2026
$3,600,000
Stellar Pain And Spine Real Estate LLC
Raghijveer P And Anita R Nayak LLC
Special Warranty Deed
$2,165,000 · Gold Coast Bank
Sep 21, 2023
$2,175,000
Western Seventy Two LLC
Chicago Title Land Trust Company
Deed
—
Mar 8, 2005
—
Raghuveer P Ll
Reinglass,howard J
Quit Claim Deed
related
—
Mar 8, 2005
$2,900,000
Raghuveer P Ll
Trust 6341
Grant Deed
$2,250,000 · Mutual Bank
Nov 9, 2001
—
Howard J Reinglass
American Natl Bank & Trt Ttee
Quit Claim Deed
related
—
Dec 7, 1998
—
First Midwest Tr Co NA Trustee
—
Deed Of Trust
related
$1,600,000 · First Midwest Bank
—
—
Raghuveer P Ll
—
Deed Of Trust
related
$2,896,000 · J P Morgan Chase Bank
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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