New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,360,000
Retail space
8701 Cicero Ave, Hometown, IL 60456-1018
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-5642250
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Lot
0.39 ac (16,843 SF)
APN
24-03-133-001
UPID
US28-5642250
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Maryam A. Alrazzaq, PharmD Pharmacy
-
Walgreens Pharmacy Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.36M
Owner & transaction history
Exchangeright Net Lease Portfolio 4 · 5 yrs held
Exchangeright Net Lease Portfolio 4
since 2021
Last sale
$5.4M
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 Hometown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hometown 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
$5,335,000
ML approach
$5,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.36M
Range $4.82M – $5.90M · ±10% · vs last sale $5.37M (Apr 19 2021)
Last sale anchor
$5.37M
Apr 19 2021
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
$31,594
Tax year 2022
Assessed value
$81,207
Assessed 2022
Previous assessed
$81,207
+0.0% YoY
Effective rate
38.91%
On assessed value
Assessed land
$35,791
Assessed improvement
$45,416
Land market value
$143,164
Improvement market value
$181,664
Total market value
$324,828
Applied tax rate
39,048.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2000
Heating
NONE
Stories
1
Lot
0.39 ac (16,843 SF)
APN
24-03-133-001
UPID
US28-5642250
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
2000
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Exchangeright Net Lease Portfolio 4
Individual
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$5,372,000
Exchangeright Net Lease Portfolio 4
Ofp Hometown II LLC
Special Warranty Deed
—
Aug 5, 2020
$4,200,000
Ofp Hometown Il LLC
Chi-wal Investments LLC
Grant Deed
$3,200,000 · Associated Bk
Apr 24, 2017
—
Chi-wal Investments LLC
—
Loan Modification
related
$3,967,000 · Wells Fargo Bk
Jan 5, 2012
$6,200,000
Chi-wal Investments LLC
Gellerosa Midwest LLC
Grant Deed
$4,300,000 · Wells Fargo Bank
May 12, 2008
$7,029,000
Gellerosa Midwest LLC
2300 W St Paul LLC
Warranty Deed
$4,100,000 · Lakeside Bank
Feb 20, 2008
—
2300 W St Paul LLC
—
Trustees Deed
related
$5,549,837 · Lakeside Bank
Dec 28, 2006
$5,133,333
2300 W St Paul LLC
Trust 16293
Grant Deed
$5,550,000 · Lakeside Bank
Jan 7, 2003
—
Marquette National Bank Ttee
Standard Bank & Trust Co Ttee
Grant Deed
related
—
Feb 4, 2002
—
Standard Bank & Trust Co Ttee
—
Deed Of Trust
related
$4,360,000 · Bank One NA
Jun 26, 2001
$725,000
Standard Bank & Trust Co Ttee
Jeff/rich Properties LLC
Grant Deed
related
$2,415,000 · Bank One NA
—
—
Gellerosa Midwest LLC
—
Deed Of Trust
related
$700,000 · Lakeside Bank
—
—
Chi-wal Investments LLC
—
Loan Modification
related
$1,915,864 · Wells Fargo Bk
—
—
Chi-wal Investments LLC
—
Loan Modification
related
$1,915,864 · Wells Fargo Bk
—
—
Hometown Center I LLC
—
Loan Modification
related
—
—
—
Marquette Bank Trustee
—
Deed Of Trust
related
$4,560,000 · Marquette Bank
—
—
Hometown Center I LLC
—
Deed Of Trust
related
$1,539,049 · Lakeside 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8701 Cicero Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
