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Property profile & analytics
OFF-MARKET
Residential income homes
722 Monroe Ave, River Forest, IL 60305-2069
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1371393
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Construction
FRAME
Total area
2,112 SF
Lot
0.11 ac (4,872 SF)
APN
15-12-201-019
UPID
US28-1371393
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David W Oxtoby · 3 yrs held
David W Oxtoby
since 2022
Last sale
$491,000
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 River Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs River Forest 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
$10,411
Tax year 2022
Assessed value
$35,661
Assessed 2022
Previous assessed
$35,661
+0.0% YoY
Effective rate
29.19%
On assessed value
Assessed land
$5,481
Assessed improvement
$30,180
Land market value
$54,810
Improvement market value
$301,800
Total market value
$356,610
Applied tax rate
33,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1910
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
2
Units
2
Bathrooms
2
Total area
2,112 SF
Lot
0.11 ac (4,872 SF)
APN
15-12-201-019
UPID
US28-1371393
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
1910
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
David W Oxtoby
Individual
Mailing address
100 E BELLEVUE PL APT 16A, CHICAGO, IL 60611-5183
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$491,000
David W Oxtoby
Stephanie Ann Paytuvi
Warranty Deed
—
Jun 11, 2019
$442,000
Stephanie Ann Lipsey
Thomas T Truitt
Special Warranty Deed
$353,600 · First American Bank
Oct 12, 2006
—
Thomas T Truitt
Truitt,thomas T
Quit Claim Deed
related
$106,500 · First Advantage Mortgage
—
—
Thomas Truitt
—
Deed Of Trust
related
$23,500 · Unknown
—
—
Thomas T Truitt
—
Deed Of Trust
related
$219,000 · Principal Residential Mtg
—
—
Thomas T Truitt
—
Deed Of Trust
related
$48,000 · First Advantage Mortgage
—
—
Thomas T Truitt
—
Deed Of Trust
related
$384,000 · First Advantage Mortgage
—
—
Thomas T Truitt
—
Deed Of Trust
related
$215,500 · First Home Mortgage
—
—
Thomas T Truitt
—
Deed Of Trust
related
$221,000 · Washington Mutual Fsb
—
—
Thomas T Truitt
—
Deed Of Trust
related
$222,000 · Oak Funding LLC
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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