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Property profile & analytics
OFF-MARKET
Retail residential properties
7318 Vincennes Ave Chicago, IL 60621-3412
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-2119378
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1909
Total area
3,000 SF
Lot
0.12 ac (5,315 SF)
APN
20-28-219-009
UPID
US28-2119378
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
-
Harold's Chicken Shack #13 Restaurant
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
7318 Nita LLC · 3 yrs held
7318 Nita LLC
since 2023
Last sale
$160,000
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 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
$8,894
Tax year 2022
Assessed value
$43,239
Assessed 2022
Previous assessed
$43,239
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$4,783
Assessed improvement
$38,456
Land market value
$47,830
Improvement market value
$384,560
Total market value
$432,390
Applied tax rate
72,167.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1909
Heating
NONE
Stories
2
Total area
3,000 SF
Lot
0.12 ac (5,315 SF)
APN
20-28-219-009
UPID
US28-2119378
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
1909
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
7318 Nita LLC
Entity
Mailing address
7318 S VINCENNES AVE #24, CHICAGO, IL 60621-3412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jul 13, 2023
$160,000
7318 Nita LLC
Donald Blair
Warranty Deed
$120,000 · Beverly Bank & Trust Co NA
Mar 23, 2017
—
Juanita Blair
Blair,juanita
Quit Claim Deed
related
—
Aug 31, 2006
—
Donald Blair
Blair,juanita
Quit Claim Deed
related
—
Dec 7, 2005
—
Juanita Blair
Blair,william M
Quit Claim Deed
related
$240,000 · Greenpoint Mtg
Oct 27, 2003
—
Juanita Blair
Blair,juanita
Quit Claim Deed
related
—
Jun 19, 2003
—
Juanita Blair
Blair,juanita
Quit Claim Deed
related
$148,000 · Interbay Funding LLC
—
—
Donald Blair
—
Deed Of Trust
related
$240,000 · Greenpoint Mortgage Funding
—
—
Juanita Blair
—
Loan Modification
related
$231,718 · National Ln Investors
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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