Property profile

233-241 E 115th St Chicago, IL 60628

OFF-MARKET
Other retail properties
Built 1906
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Property summary

AI-generated overview

The property is a 6,300-square-foot mixed-use building located in Chicago’s Pullman neighborhood at 233–241 E 115th St, situated on a 0.23-acre lot. The building includes nine total units: three 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and five retail spaces. Each unit has its own individual utilities, supporting separate metering and unit-level management. The existing residential units and retail spaces can be renovated and reconfigured, including potential conversion of some apartments into larger 2-bedroom layouts. The property is near Palmer Park and the Kensington/115th Metra Station and is within commuting distance of downtown Chicago.

Property profile

Verified
Property type Other retail properties
Year built 1906

Cap rate & NOI

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

Location

233-241 E 115th St Chicago, IL 60628
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$150k

Owner & transaction history

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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