Financial
Distress signals
Property profile

1445 W Chicago Ave Chicago, IL 60642

FOR SALE
Retail space
Property ID
US28-1532949
5,500 SF 0.21 ac lot Built 1900
Last sale Sep 2023 · $3,611,000
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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Property summary

AI-generated overview

The property is a 3,700-square-foot mixed-use space located at 1445 W Chicago Avenue in Chicago’s West Town neighborhood. It is situated within an 18-unit, elevator-equipped residential building under construction, positioned on a corner at Chicago Ave and Bishop. The building provides street-level parking availability, with an initial provision of 6 spaces and the potential to expand to up to 12 street parking spaces.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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

Value estimate

· Sep 2026
$2.86M
$2.57M – $3.14M
AI approach$3.18M
Sales comparison$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 7 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 comparables7

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 · 2 transfers 7 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
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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