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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Motels
8500 Bryn Mawr Ave Chicago, IL 60631-3203
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0906568
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1999
Lot
3.08 ac (134,165 SF)
APN
12-02-304-010
UPID
US28-0906568
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
-
Renaissance Chicago O'Hare Suites Hotel Hotel & Motel
-
Asado Urban Grill Restaurant
-
Ks chicago Hotel & Motel
-
Starbucks Cafe & Coffee Shop
-
Encore IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Adhvik Hospitality LLC · 2 yrs held
Adhvik Hospitality LLC
since 2023
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 Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
—
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
$2,230,938
Tax year 2022
Assessed value
$10,846,526
Assessed 2022
Previous assessed
$4,925,000
+120.2% YoY
Effective rate
20.57%
On assessed value
Assessed land
$737,352
Assessed improvement
$10,109,174
Land market value
$2,949,408
Improvement market value
$40,436,696
Total market value
$43,386,104
Applied tax rate
71,001.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1999
Heating
NONE
Lot
3.08 ac (134,165 SF)
APN
12-02-304-010
UPID
US28-0906568
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
1999
Heating
NONE
Lot
3.08 ac
Current owner
From public records · entity-resolved
Adhvik Hospitality LLC
Entity
Mailing address
101 N SPRUCE AVE, WOOD DALE, IL 60191-2404
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
—
Advhik Hospitality LLC
—
Deed
related
$8,700,000 · Cre Bridge Capital LLC
Nov 29, 2023
—
Adhvik Hospitality LLC
Inpoint Chicago Bryn Mawr LLC
Special Warranty Deed
—
Sep 15, 2023
$29,000,000
It Chicago Holdings LLC
Bds III Il International Tower LLC
Special Warranty Deed
—
Sep 23, 2022
—
Bds III Il International Tower LLC
Tfo Reva Golub It 2 0 LLC
Special Warranty Deed
—
Sep 18, 2020
—
Inpoint Chicago Bryn Mawr LLC
Chicago Ord Hotel Partners LLC
Quit Claim Deed
related
—
Jul 5, 2019
—
Tfo Reva Golub It 2o LLC
Tfo Reva Golub It LLC
Quit Claim Deed
related
$43,400,000 · Bds III Mortgage Capital B LLC
Dec 14, 2018
—
Chicago Ord Hotel Partners LLC
—
Grant Deed
related
$24,500,000 · Inpoint Reit Operating Ptshp L
Nov 13, 2014
$40,900,000
Tfo Reva Golub It LLC
Lsref2 Oreo Direct LLC
Grant Deed
$28,812,500 · Lstar Capital Finance INC
Feb 10, 2014
$30,258,500
Lsref2 Oreo Direct LLC
Wells Fargo Series 2004-c3
Grant Deed
$706,664,758 · Citibank NA
Jul 25, 2013
—
Chicago Ord Hotel Partners LLC
Ohare Chicago Hotel LLC
Quit Claim Deed
related
$21,550,000 · Lei Wsr Senior Finance LLC
Oct 29, 2004
—
Ohare Chicago Hotel LLC
Bryn Mawr Hotel LLC
Warranty Deed
$29,000,000 · O'hare Chicago Funding Co LLC
—
—
Ohare Chicago Hotel LLC
—
Deed Of Trust
related
$32,000,000 · Anglo Irish Bank Corp
—
—
Ohare Chicago Hotel LLC
—
Deed Of Trust
related
$29,000,000 · Anglo Irish Bank 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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