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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Auto shops
9600 Milwaukee Ave 6 Niles, IL 60714-1117
Individually Owned
4-yr Hold
Free & Clear
Property ID
US28-5393841
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Lot
0.33 ac (14,305 SF)
APN
09-11-303-013
UPID
US28-5393841
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
-
Nile's Heating and Cooling Hardware & Home Improvement General Contractor
-
Take 5 Oil Change Auto Repair Shop
-
Empire Remodeling Hardware & Home Improvement Interior Design
-
Panera Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Ashraf Kavian · 4 yrs held
Ashraf Kavian
since 2022
Last sale
$1.7M
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
$1,460,000
ML approach
$1,445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10% · vs last sale $1.74M (Feb 17 2022)
Last sale anchor
$1.74M
Feb 17 2022
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
$30,485
Tax year 2022
Assessed value
$109,216
Assessed 2022
Previous assessed
$54,556
+100.2% YoY
Effective rate
27.91%
On assessed value
Assessed land
$50,067
Assessed improvement
$59,149
Land market value
$200,268
Improvement market value
$236,596
Total market value
$436,864
Applied tax rate
22,135.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Lot
0.33 ac (14,305 SF)
APN
09-11-303-013
UPID
US28-5393841
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
1985
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Ashraf Kavian
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 49182, LOS ANGELES, CA 90049-0182
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Welms Group Holdco LLC
—
Deed
related
$2,600,000 · Byline Bank
Feb 17, 2022
$1,742,500
Ashraf Kavian
Bradford Niles I LLC
Special Warranty Deed
—
Jun 8, 2021
$609,500
Bradford Niles I LLC
Paul Pillar
Warranty Deed
—
May 5, 2021
—
Bradford Niles I LLC
—
Deed
related
$775,522 · Iroquois Fsla
Mar 24, 2017
—
Paul Pillar
9600 Milwaukee Avenue LLC
Warranty Deed
related
—
Feb 29, 2008
$1,338,500
9600 Milwaukee Avenue LLC
Pillar,paul & Judith
Warranty Deed
$1,204,650 · Paul & Judith Pillar
Feb 29, 2008
—
Paul Pillar
Lindenberg Anita
Grant Deed
related
—
—
—
9600 Milwaukee Avenue LLC
—
Deed Of Trust
related
$1,133,956 · Paul & Judith Pillar
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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