New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,805,000
Garden apartment buildings
7900 Caldwell Ave, Niles, IL 60714-3356
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0028955
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1965
Lot
0.44 ac (19,119 SF)
APN
10-30-200-015
UPID
US28-0028955
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
-
Hester Emergency Plumber Repair Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.81M
Owner & transaction history
7900 Caldwell Court Apartments LLC · 4 yrs held
7900 Caldwell Court Apartments LLC
since 2021
Last sale
$6.4M
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
$7,275,000
ML approach
$7,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.81M
Range $6.12M – $7.49M · ±10% · vs last sale $6.38M (Dec 6 2021)
Last sale anchor
$6.38M
Dec 6 2021
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
$36,810
Tax year 2022
Assessed value
$169,017
Assessed 2022
Previous assessed
$130,906
+29.1% YoY
Effective rate
21.78%
On assessed value
Assessed land
$26,766
Assessed improvement
$142,251
Land market value
$267,660
Improvement market value
$1,422,510
Total market value
$1,690,170
Applied tax rate
24,011.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1965
Heating
NONE
Lot
0.44 ac (19,119 SF)
APN
10-30-200-015
UPID
US28-0028955
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
1965
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
7900 Caldwell Court Apartments LLC
Entity
Mailing address
8651 HARMS RD, SKOKIE, IL 60077-2058
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
7900 Caldwell Court Apartments LLC
—
Deed
related
$820,000 · 1st Equity Bank
Dec 6, 2021
$6,375,000
7900 Caldwell Court Apartments LLC
7900 N Caldwell LLC
Warranty Deed
$100,000 · 1st Equity Bank
Dec 6, 2021
—
Roger Lefebvre
7900 N Caldwell LLC
Warranty Deed
—
Aug 21, 2017
—
7900 N Caldwell LLC
—
Grant Deed
related
$3,400,000 · Jp Morgan Chase Bk
Aug 14, 2014
$4,500,000
7900 N Caldwell LLC
Bari LLC-niles
Grant Deed
related
$3,300,000 · Jp Morgan Chase Bk
Oct 30, 2007
—
Bari LLC-niles
Riccardi,leonardo & Rosa
Quit Claim Deed
related
—
Aug 30, 2006
$4,625,000
Leonardo Riccardi
Trust 11-5442
Grant Deed
$1,625,000 · Washington Mutual Fsb
Aug 31, 1998
—
Albany Bank & Trust Co Trustee
Lasalle Natk Bank Chicago Ttee
Trustees Deed
related
—
Aug 31, 1998
$1,550,000
Albany Bank & Trust Co Trustee
Lasalle Natk Bank Chicago Ttee
Trustees Deed
related
—
—
—
Albany Bank & Trust Co Trustee
—
Deed Of Trust
related
$1,240,000 · Citibank Fsb
—
—
Albany Bank & Trsut Co NA Ttee
—
Deed Of Trust
related
$1,950,000 · Citibank Fsb
—
—
7900 N Caldwell LLC
—
Deed Of Trust
related
$3,400,000 · Jp Morgan Chase Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7900 Caldwell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
