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Property profile

7423 Addison St Chicago, IL 60634

OFF-MARKET
Retail space
Property ID
US28-2390641
1,200 SF 0.09 ac lot Built 1941
Last sale Jun 2024 · $185,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a 3,000-square-foot retail storefront with 9-foot ceilings and a layout that includes a spacious single-office area plus one bathroom. It also has a 2.5-car garage configured for pull-in access from an alley. The building is located on Addison Street in the Dunning neighborhood between Cumberland Avenue and Harlem Avenue, in an area characterized by both active commercial and residential uses. The property is zoned B3-1, which allows for a range of commercial, mixed-use, and residential opportunities.

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?
$9k
Tax billed · 2022
Assessed value$45k
Assessed land$17k
Assessed improvement$28k
Effective rate20.57%

Value estimate

· Nov 2026
$185k
$167k – $204k
AI approach$185k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$74 – $175
Qualifying comparables15

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.9
Parking Facility17.5
Food Market12.8

Location

7423 Addison St Chicago, IL 60634-3419
County assessor Recorded deeds · 2 transfers 15 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5640 Irving Park, Chicago, IL 60634 $690,000 May 2025 1,600 SF
5729 Belmont, Chicago, IL 60634-5209 $270,000 Dec 2024 2,700 SF
6340 Irving Park, Chicago, IL 60634-2405 $230,000 Dec 2024 2,400 SF
7410 Belmont, Chicago, IL 60634-3432 $155,000 Nov 2024 900 SF
3327 Harlem, Chicago, IL 60634-3602 $256,000 Oct 2024 3,000 SF
5711 Irving Park, Chicago, IL 60634-2608 $415,000 Sep 2024 2,100 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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