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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Retail space
907 Western Ave Chicago, IL 60622
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0637242
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1965
Total area
12,200 SF
Lot
0.05 ac (1,973 SF)
APN
17-06-320-009
UPID
US28-0637242
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
-
Western Park Park
-
David's Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.25M
Owner & transaction history
Iowa LLC · 1 yrs held
Iowa LLC
since 2024
Last sale
$1.3M
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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Nov 19 2024)
Last sale anchor
$1.25M
Nov 19 2024
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
$102 / SF
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
$11,557
Tax year 2022
Assessed value
$56,188
Assessed 2022
Previous assessed
$56,189
0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$9,865
Assessed improvement
$46,323
Land market value
$39,460
Improvement market value
$185,292
Total market value
$224,752
Applied tax rate
77,001.0000
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1965
Heating
NONE
Stories
2
Total area
12,200 SF
Lot
0.05 ac (1,973 SF)
APN
17-06-320-009
UPID
US28-0637242
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
1965
Heating
NONE
Stories
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Iowa LLC
Entity
Mailing address
857 N WESTERN AVE, CHICAGO, IL 60622-4635
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$1,250,000
Iowa LLC
Sustainabuild LLC 901
Special Warranty Deed
—
Jun 28, 2024
$890,000
Sustainabuild LLC
Dna Finance Corporation
Special Warranty Deed
$578,500 · Lakeside Bank
Feb 23, 2024
—
Acosta Properties LLC
—
Deed
related
$100,000 · Millennium Bank
Jan 10, 2023
—
Dna Finance Corporation
Western Advisors LLC
Quit Claim Deed
related
—
Aug 16, 2017
—
Acosta Properties LLC
—
Deed
related
$250,000 · Millennium Bk
Apr 25, 2017
—
Acosta Properties LLC
Acosta,cristina
Quitclaim Deed
related
—
Dec 14, 2016
—
Cristina Acosta
Acosta,mateo
Quitclaim Deed
related
—
Jul 16, 2009
$848,500
Western Advisors LLC
Providence Investment INC
Warranty Deed
$636,375 · Providence Investment Group
Dec 9, 2005
$925,000
Rubi Builders INC
Trust 38690
Grant Deed
—
—
—
Rubi Builders INC
—
Deed Of Trust
related
$740,000 · Providence Investment INC
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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