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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Motels
8525 Cicero Ave Chicago, IL 60652
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-5728939
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1955
Lot
0.6 ac (26,100 SF)
APN
19-34-305-052
UPID
US28-5728939
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
$2.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
Amrut Lila LLC · 4 yrs held
Amrut Lila LLC
since 2021
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
$2,370,000
ML approach
$2,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±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
$109,517
Tax year 2022
Assessed value
$532,457
Assessed 2022
Previous assessed
$532,457
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$92,981
Assessed improvement
$439,476
Land market value
$371,924
Improvement market value
$1,757,904
Total market value
$2,129,828
Applied tax rate
72,001.0000
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
1955
Heating
NONE
Stories
2
Lot
0.6 ac (26,100 SF)
APN
19-34-305-052
UPID
US28-5728939
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
1955
Heating
NONE
Stories
2
Lot
0.6 ac
Current owner
From public records · entity-resolved
Amrut Lila LLC
Entity
Mailing address
8515 S CICERO AVE, CHICAGO, IL 60652-3504
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
$2,100,000
Amrut Lila LLC
Somip Corporation
Warranty Deed
$1,552,500 · Grand Ridge National Bank
Jan 15, 2008
—
8537 Medical Building LLC
Trust 5150
Grant Deed
—
Jul 12, 2007
$3,425,000
Somip Corp
Mjm Partners INC
Warranty Deed
$1,712,500 · Mutual Bank
—
—
Mjm Partners INC
—
Deed Of Trust
related
$2,040,000 · Allegiance Community Bank
—
—
Mjm Partners INC
—
Deed Of Trust
related
$1,675,000 · Allegiance Community Bank
—
—
Somip Corp
—
Deed Of Trust
related
$1,058,000 · Small Business Growth Corp
—
—
Somip Corp
—
Deed Of Trust
related
$1,250,000 · Grand Ridge Nat'l Bk
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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