Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1738 W 51St St Chicago, IL 60609

FOR SALE
Retail space
Property ID
US28-5212966
1,600 SF 0.06 ac lot Built 1917
Last sale Oct 2024 · $130,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1738 W 51St St, Chicago, IL 60609 For Sale
$210,000 1,600 SF
1738 W 51St St, Chicago, IL 60609
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value$24k
Assessed land$6k
Assessed improvement$18k
Effective rate20.57%

Value estimate

· Nov 2026
$130k
$117k – $143k
AI approach$130k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 10.15% cap applied$21k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$82 – $457
Qualifying comparables14

Cap rate analysis

How does the asset earn?
10.15%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.9
Law Firm13.8
Smoke and Vape Shop10.5

Location

1738 W 51St St Chicago, IL 60609
County assessor Recorded deeds · 4 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1856 47th, Chicago, IL 60609-3845 $145,000 Mar 2025 1,200 SF
4735 Ashland, Chicago, IL 60609-4232 $190,000 Jan 2025 1,400 SF
4300 Ashland, Chicago, IL 60609 $2,100,000 Jan 2024 1,600 SF
4302 Ashland, Chicago, IL 60609-3139 $2,100,000 Jan 2024 1,600 SF
3758 Wallace, Chicago, IL 60609-1745 $160,000 Dec 2023 1,500 SF
1614 47th, Chicago, IL 60609-3245 $4,890,000 Sep 2023 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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