How It Works

1

Enter Property Address

Users may enter a property street address located anywhere in the United States.

2

Enter Property Characteristics

The tool relies on user descriptions of physical attributes and earnings potential.

3

Refine Income & Expenses

Users are able to make adjustments to a proforma income and expense statement generated from data analytics.

4

Get Cap Rate & Valuation

The tool displays an automated cap rate and valuation as well as a value based upon the user's projections.

It takes less than four minutes and is completely free!

Find Cap Rate for All Chicago Neighborhoods

Markets We Cover

It should be no surprise that cap rates are lower in Lincoln Park than in Humboldt Park, but beyond that current cap rates for apartments can be hard to determine.

Apartment Property Valuation accounts for the differences among the city's many submarkets, giving investors the insight needed to value multifamily and mixed-use properties no matter the part of town.

CBD Central Loop | CBD East Loop | CBD North Michigan Avenue | CBD River North | CBD South Loop | CBD West Loop | East-West Corridor | Indiana | Kenosha | North Chicago | North Suburban | Northwest Suburban | O'Hare | South Chicago | South Suburban | West Cook County

Population Growth Drives Demand for Apartment Rentals

On the first graph, click the drop-down menu to select a time period and view the population change for your city of interest. The values shown reflect the difference in the population of the ending and initial year selected. The arrows will indicate the population change compared to its previous value.

The second graph below shows the population change in the largest Illinois cities. Press any line to see the annual change by city. Line colors correspond with those seen on the map.

APARTMENT PROPERTY VALUATION

Education + Analytics

Dataspot Analytics LLC is a New York-based data science company that focuses on investment real estate. It offers insights to investors and industry participants looking to be on the pulse of local market conditions throughout the United States. Its valuation tools and educational materials provide users with real-time access to the vital information needed to make educated real estate decisions.

Value your property