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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Retail space
795 Smt St 815 Elgin, IL 60120-5160
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-1407493
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Lot
1.91 ac (83,200 SF)
APN
06-07-302-075
UPID
US28-1407493
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
-
All Family Dental and Braces Dental Office
-
Athletico Physical Therapy - Elgin Physician
-
Sharon Rose Araneta Physician
-
Deanna Phelan Physician
-
Jason Taylor Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
Tm Summit LLC · 4 yrs held
Tm Summit LLC
since 2022
Last sale
$3.3M
6 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 Elgin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elgin 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
$2,560,000
ML approach
$2,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $3.26M (Mar 2 2022)
Last sale anchor
$3.26M
Mar 2 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
$142,366
Tax year 2022
Assessed value
$508,925
Assessed 2022
Previous assessed
$564,000
-9.8% YoY
Effective rate
27.97%
On assessed value
Assessed land
$250,146
Assessed improvement
$258,779
Land market value
$1,000,584
Improvement market value
$1,035,116
Total market value
$2,035,700
Applied tax rate
18,015.0000
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
1994
Heating
NONE
Stories
1
Lot
1.91 ac (83,200 SF)
APN
06-07-302-075
UPID
US28-1407493
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
1994
Heating
NONE
Stories
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
Tm Summit LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5750 N SAINT LOUIS AVE, CHICAGO, IL 60659-4406
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
$3,260,000
Tm Summit LLC
805 Summit LLC
Special Warranty Deed
—
Oct 4, 2016
$3,000,000
805 Summit LLC
Golf-hiawatha LP
Grant Deed
$2,250,000 · Bank Of America
Oct 29, 2014
—
Lincoln Acquisition Group LLC
—
Loan Modification
related
$3,700,000 · Privatebank & Tr
—
—
Daniel S Justis
—
Deed Of Trust
related
$213,750 · Gn Mortgage Corp
—
—
Golf-hiawatha LP
—
Deed Of Trust
related
$2,265,000 · Lincoln Acquisition Group LLC
—
—
Lincoln Acquisition Group LLC
—
Loan Modification
related
$3,152,004 · Privatebank & Tr
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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