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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Residential income homes
8200 Knox Ave 1, Skokie, IL 60076-2618
Individually Owned
14-yr Hold
Property ID
US28-2298510
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,343 SF
Lot
0.12 ac (5,262 SF)
APN
10-22-312-054
UPID
US28-2298510
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$643k
Blend (final)
Blend
$530k
Owner & transaction history
Jose I Arroyo · 14 yrs held
Jose I Arroyo
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$735,000
+27.0%
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 Skokie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Skokie 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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$665,000
7%
$620,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$735,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$500,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$159 / SF
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
$14,602
Tax year 2022
Assessed value
$52,999
Assessed 2022
Previous assessed
$52,999
+0.0% YoY
Effective rate
27.55%
On assessed value
Assessed land
$6,840
Assessed improvement
$46,159
Land market value
$68,400
Improvement market value
$461,590
Total market value
$529,990
Applied tax rate
24,026.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
3
Bathrooms
3
Total area
3,343 SF
Lot
0.12 ac (5,262 SF)
APN
10-22-312-054
UPID
US28-2298510
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$735,000
RETAIL STORES
Est. value
$500,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Jose I Arroyo
Individual
Mailing address
8200 KNOX AVE #1, SKOKIE, IL 60076-2618
Ownership since
2012
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
Jun 18, 2012
$250,000
Jose I Arroyo
Ashor Khabeer
Warranty Deed
$200,000 · Wells Fargo Bank NA
Dec 12, 2000
$296,000
Adwin Khabeer
Patrick T Murphy Trustee
Grant Deed
$266,400 · Monument Mortgage INC
—
—
Adwin Khabeer
—
Deed Of Trust
related
$90,000 · Lasalle National Bank
—
—
Adwin Khaheer
—
Deed Of Trust
related
$266,000 · Chase Manhattan Mortgage Corp
—
—
Ashor Khabeer
—
Deed Of Trust
related
$263,000 · Gn Mortgage Corp
—
—
Ashor Khabeer
—
Deed Of Trust
related
$264,000 · Gn Mortgage Corp
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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