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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Grocery and convenience stores
7760 Milwaukee Ave 80, Niles, IL 60714-4707
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1003182
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1971
Lot
0.43 ac (18,890 SF)
APN
09-25-222-051
UPID
US28-1003182
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
-
Aditech Garage Door Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Bibulous LLC · 1 yrs held
Bibulous LLC
since 2024
Last sale
$1.3M
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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Sep 25 2024)
Last sale anchor
$1.30M
Sep 25 2024
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
$51,817
Tax year 2022
Assessed value
$200,240
Assessed 2022
Previous assessed
$200,240
+0.0% YoY
Effective rate
25.88%
On assessed value
Assessed land
$66,115
Assessed improvement
$134,125
Land market value
$264,460
Improvement market value
$536,500
Total market value
$800,960
Applied tax rate
22,260.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1971
Heating
NONE
Lot
0.43 ac (18,890 SF)
APN
09-25-222-051
UPID
US28-1003182
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
1971
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
Bibulous LLC
Entity
Mailing address
3301 N PARK PL, EVANSTON, IL 60201-4909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
$1,300,000
Bibulous LLC
Sa Real Estate LLC
Warranty Deed
$1,647,000 · Truliant FCU
Sep 10, 2018
$1,500,000
Sa Real Estate LLC
Vnk Properties LLC
Warranty Deed
$3,075,000 · Bankunited Fsb
Jul 30, 2015
$1,781,250
Vnk Properties LLC
7760 N Milwaukee Trust
Grant Deed
$798,750 · Standard Bk
Sep 4, 2014
—
7760 N Milwaukee Trust 1
Minelli,leonard
Grant Deed
related
—
Aug 13, 2013
—
Leonard Minelli
Minelli,alfred
Quit Claim Deed
related
—
—
—
Leonard Minelli
—
Deed Of Trust
related
$275,000 · Plaza Bank NA
—
—
Leonard Minelli
—
Deed Of Trust
related
$415,000 · Plaza Bank NA
—
—
Vnk Properties LLC
—
Deed Of Trust
related
$300,000 · Millennium Bk
—
—
Minelli,kristina Trust
—
Deed Of Trust
related
$415,000 · Donald M Desalvo
—
—
Leonard Minelli
—
Deed Of Trust
related
$200,000 · Plaza Bank NA
—
—
Leonard Minelli
—
Deed Of Trust
related
$400,000 · Plaza Bank NA
—
—
Leonard Minelli
—
Deed Of Trust
related
$350,000 · Plaza Bank NA
—
—
Leonard Minelli
—
Deed Of Trust
related
$375,000 · Plaza 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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