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Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Retail space
7230 Caldwell Ave Niles, IL 60714-4502
Entity Owned
~
Est. High Equity
Property ID
US28-1959977
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Lot
4.22 ac (183,823 SF)
APN
10-30-402-029
UPID
US28-1959977
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
-
GlobalTranz Logistics Company Freight Service
-
ARM Consulting, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.03M
Owner & transaction history
Lima Industrial LLC
Lima Industrial LLC
since 2025
Last sale
$4.5M
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
Method
Estimation
Statistic approach
$3,555,000
ML approach
$3,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10% · vs last sale $4.53M (May 27 2022)
Last sale anchor
$4.53M
May 27 2022
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
—
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
$262,895
Tax year 2022
Assessed value
$1,207,123
Assessed 2022
Previous assessed
$1,111,498
+8.6% YoY
Effective rate
21.78%
On assessed value
Assessed land
$459,622
Assessed improvement
$747,501
Land market value
$1,838,488
Improvement market value
$2,990,004
Total market value
$4,828,492
Applied tax rate
24,105.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Lot
4.22 ac (183,823 SF)
APN
10-30-402-029
UPID
US28-1959977
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
1972
Heating
NONE
Stories
1
Lot
4.22 ac
Current owner
From public records · entity-resolved
Lima Industrial LLC
Entity
Mailing address
PO BOX 140530, KANSAS CITY, MO 64114-8530
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
$5,554,500
Lima Industrial LLC
Niles 001 LLC
Special Warranty Deed
$16,995,750 · The American Commercial Bank & Trus
May 27, 2022
$4,525,000
Niles 001 LLC
7230 Caldwell LLC
Special Warranty Deed
$2,865,000 · Crossfirst Bank
Apr 5, 2022
$8,000
Illinois Department Of Transportati
7230 Caldwell LLC
Warranty Deed
—
Dec 8, 2017
—
7230 Caldwell LLC
—
Deed
related
$3,744,000 · Byline Bank
Jul 11, 2016
—
7230 Caldwell LLC
—
Deed
related
$14,000,000 · First Midwest Bank
Jul 10, 2014
—
7230 Caldwell LLC
—
Loan Modification
related
$20,300,000 · Mb Fin'l Bk
Feb 28, 2013
—
7230 Caldwell LLC
—
Deed Of Trust
related
$13,300,000 · Mb Financial Bank NA
Dec 18, 2008
—
7230 Caldwell LLC
—
Trustees Deed
related
$1,800,000 · Private Bank & Trust Co
Oct 3, 2008
—
7230 Caldwell LLC
Bethany Romanian Independent P
Warranty Deed
$3,075,000 · Privatebank & Trust
Jul 7, 2006
—
Romanian Pentecostal C Bethany
State Farm Mutual Automobile I
Grant Deed
$3,600,000 · Private Bank & Trust Co
—
—
7230 Caldwell LLC
—
Loan Modification
related
$25,087,832 · Mb Fin'l Bk
—
—
7230 Caldwell LLC
—
Deed Of Trust
related
$3,744,000 · Byline Bk
—
—
7230 Caldwell LLC
—
Deed Of Trust
related
$1,300,000 · Mb Fin'l Bk
—
—
7230 Caldwell LLC
—
Deed Of Trust
related
$3,000,000 · Mb Financial Bank 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.
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