Property profile

8900 Lafayette Ave Chicago, IL 60620

OFF-MARKET
Retail space
Property ID
US28-0142896
23,100 SF 2.3 ac lot Built 1985
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Total area 23,100 SF
Lot 2.3 ac (100,188 SF)
APN 25-04-209-019
UPID US28-0142896

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Hair Salon

Location

8900 Lafayette Ave Chicago, IL 60620-1317
Chicago metro Census 842400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.00M
Blend (final) Blend
$520k

Owner & transaction history

since 2006
1 recorded transaction
2006
$3.7M

Zoning & alternative use

Top alternative use upside
Office building $3.1M +84.0%
Auto repair, garage $2.8M +63.7%
Apartment house (5+ units) $2.3M +36.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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