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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Retail space
843 Elm St, Winnetka, IL 60093-2205
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-0027284
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Lot
0.17 ac (7,500 SF)
APN
05-20-207-012
UPID
US28-0027284
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
-
Botanic Nail & Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.71M
Owner & transaction history
Helen James Family LP LP · 3 yrs held
Helen James Family LP LP
since 2023
Last sale
$1.8M
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 Winnetka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winnetka 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
$1,645,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $1.75M (Jul 6 2023)
Last sale anchor
$1.75M
Jul 6 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
$69,964
Tax year 2022
Assessed value
$320,562
Assessed 2022
Previous assessed
$239,104
+34.1% YoY
Effective rate
21.83%
On assessed value
Assessed land
$46,875
Assessed improvement
$273,687
Land market value
$187,500
Improvement market value
$1,094,748
Total market value
$1,282,248
Applied tax rate
23,008.0000
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
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1942
Heating
NONE
Stories
1
Lot
0.17 ac (7,500 SF)
APN
05-20-207-012
UPID
US28-0027284
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
1942
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Helen James Family LP LP
Entity
Mailing address
5283 HEATHER LN, PARK CITY, UT 84098-5968
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
$1,750,000
Helen James Family LP LP
Aveneue Management LLC
Special Warranty Deed
—
Dec 28, 2021
$1,450,000
Avenue Management LLC
Bo Won Lee
Warranty Deed
—
Apr 5, 2018
—
Lee,bo W Living Trust
—
Deed
related
—
Dec 6, 2012
$765,000
554 Green Bay LLC
Riddell,richard E
Warranty Deed
$588,000 · Oak Bank
Oct 22, 2007
—
Lee Bo W Living Trust
Lee,eun K
Quit Claim Deed
related
—
Aug 22, 2007
—
Eun K Lee
Lee,byong K & Bo W
Quit Claim Deed
related
$1,110,000 · Foster Bank
Aug 12, 2005
$1,300,000
Byoung K Lee
Raynor,john & Sally
Grant Deed
$911,000 · Foster Bank
Mar 8, 2001
—
John Raynor
Northern Trust Co Trustee
Grant Deed
related
—
—
—
Lee Bo W Living Trust
—
Deed Of Trust
related
$1,075,000 · Foster Bank
—
—
Lee,bo W Living Trust
—
Loan Modification
related
—
—
—
Eun K Lee
—
Deed Of Trust
related
$1,099,208 · Foster Bank
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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