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    222 E Pearson St, Unit 501 Chicago, IL 60611

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    For Lease
    $4,500 /Mo ($40 SF/Yr)

    Three-bedroom apartment with modern amenities and included utilities.

    Property size:
    1,350 SF
    Lot size:
    1,350 SF

    Property Features for 222 E Pearson St

    General Information

    Size
    1,350 SF

    Building Details

    Year built
    1963

    Source: KW ONEChicago Agent Anna Cole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Corner Unit with Balcony

    This corner unit features three bedrooms and two bathrooms, complemented by a balcony. The living room is finished with cherry floors, while the kitchen boasts granite countertops, a stainless steel undermount sink, and stainless steel appliances. Cherry cabinets enhance the kitchen's aesthetic. Additional features include new windows and an in-unit washer/dryer. Residents have access to a newly renovated lobby and hallways, as well as a party room and fitness room. The monthly rent covers heat, air conditioning, water, basic cable, door staff services, access to a health club, a sun deck, and the party room. The unit offers 1350 square feet of living space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Photo Booth of the Stars Photo Booth 222 E Pearson ... Condominium Complex Dr. Deepa N. ... Doctor Pure Cleaners Valet ... Dry Cleaner Zipcar Transportation Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6206583
    Latitude
    41.8978914

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    FAQs

    What type of property is this?
    Apartment building - Three-bedroom apartment with modern amenities and included utilities.
    Where is this apartment building located?
    The property is located at 222 E Pearson St, Unit 501 Chicago, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Rent includes heat, air, water, basic cable, door staff, health club, sun deck, and party room.; - Enjoy the convenience of an in-unit washer/dryer.; - New windows.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 E Pearson St, Unit 501 Chicago, IL 60611
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