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Financial
Distress signals
Property profile

224 Ada St Chicago, IL 60607

OFF-MARKET
Retail space
Property ID
US28-1577283
14,700 SF 0.36 ac lot Built 1919
Last sale Dec 2023 · $5,017,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$75k
Tax billed · 2022
Assessed value$364k
Assessed land$42k
Assessed improvement$322k
Effective rate20.64%

Value estimate

· Oct 2026
$4.85M
$4.37M – $5.34M
AI approach$4.86M
CAP approach$3.13M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$626/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$317 – $974
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store32.2
Storage Facility19.4
Veterinary Clinic16.3

Location

224 Ada St Chicago, IL 60607-1500
County assessor Recorded deeds · 6 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
220 Ashland, Chicago, IL 60607-5302 $5,700,000 Jun 2024 17,600 SF
916 Fulton Market, Chicago, IL 60607-1309 $35,750,000 May 2023 16,000 SF
800 Washington, Chicago, IL 60607-2302 $10,100,000 Oct 2022 13,500 SF
1132 Clinton, Chicago, IL 60607-4434 $3,600,000 Apr 2022 12,500 SF
1133 Randolph, Chicago, IL 60607-1620 $11,700,000 Feb 2022 11,800 SF
1115 Fulton Market, Chicago, IL 60607-1213 $21,250,000 Jan 2022 17,500 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
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