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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail space
8233 Harlem Ave, Bridgeview, IL 60455-1691
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-5473615
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1972
Lot
0.25 ac (11,054 SF)
APN
19-31-111-003
UPID
US28-5473615
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
-
Dr. Terrence R. Gilman Sr, DDS Dental Office
-
Kintz Beverly Dental Office
-
Farmers Insurance - Marianne Charnas Insurance Agency
-
Wink Mary Dental Office
-
Kamm Melvin J Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
8233 S Harlem LLC · 2 yrs held
8233 S Harlem LLC
since 2023
Last sale
$725,000
4 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 Bridgeview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeview 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
$775,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $725k (Jul 26 2023)
Last sale anchor
$725k
Jul 26 2023
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
$48,720
Tax year 2022
Assessed value
$113,291
Assessed 2022
Previous assessed
$113,291
+0.0% YoY
Effective rate
43.00%
On assessed value
Assessed land
$30,398
Assessed improvement
$82,893
Land market value
$121,592
Improvement market value
$331,572
Total market value
$453,164
Applied tax rate
36,008.0000
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
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1972
Heating
NONE
Lot
0.25 ac (11,054 SF)
APN
19-31-111-003
UPID
US28-5473615
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
1972
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
8233 S Harlem LLC
Entity
Free & Clear · 2 yrs held
Mailing address
30 ORLAND SQ DR, ORLAND PARK, IL 60462-3207
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
$725,000
8233 S Harlem LLC
Devon Bank
Warranty Deed
—
Sep 3, 2019
$425,000
Devon Bk
Gailbeck Co LLC
Warranty Deed
related
—
Jun 14, 2007
—
Michael K Tresch
—
Trustees Deed
related
$600,000 · Founders Bank
Mar 23, 1999
$320,000
Gailbeck Co INC
Old Kent Bank Trustee
Grant Deed
$250,000 · First Nat'l Bank Blue Island
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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