Property profile

1445 W Chicago Ave Chicago, IL 60642

FOR SALE
Retail space
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Property ID
US28-1532949
5,500 SF 0.21 ac Built 1900
Last sale Jun 2026·$889,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use unit within an 18-unit elevator building that was completed in 2026. It includes a 3,700-square-foot commercial offering designated under zoning classification B1-2, supporting mixed-use occupancy within the building’s commercial framework. The building is located at the corner of Chicago Avenue and Bishop Street in Chicago’s West Town neighborhood. The site provides on-street parking access along the adjacent streets and is configured to accommodate parking spaces associated with the corner location, with capacity described as up to 12 spaces.

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?
$52k
Tax billed · 2022
Assessed value$242k
Assessed land$46k
Assessed improvement$196k
Effective rate21.42%

Value estimate

· Nov 2026
$2.86M
$2.57M – $3.14M
AI approach$3.18M
Submarket $/SF estimate$2.03M
NOI build-up
Gross scheduled income$111k
Vacancy & credit loss−$11k
Operating expenses−$37k
NOI · 8.93% cap applied$62k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$117 – $423
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.93%
$62k 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: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home9.5
Assisted Living Facility9.1
Carpet & Flooring Store7.1

Location

1445 W Chicago Ave Chicago, IL 60642
County assessor Recorded deeds · 11 transfers 6 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
1009 Division, Chicago, IL 60642 $860,000 Apr 2025 2,300 SF
1917 Elston, Chicago, IL 60642-1219 $2,600,000 Feb 2024 5,000 SF
403 Carpenter, Chicago, IL 60642-6503 $5,810,500 Mar 2023 10,200 SF
1573 Wn, Chicago, IL 60642-2358 $860,000 Mar 2023 2,300 SF
815 Milwaukee, Chicago, IL 60642-4104 $1,035,000 Jun 2022 2,400 SF
1533 Chicago, Chicago, IL 60642-5237 $1,717,500 May 2022 14,900 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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