Financial
Distress signals
Property profile

2343 Chicago Ave Chicago, IL 60622

OFF-MARKET
Retail space
Property ID
US28-1624205
4,300 SF 0.09 ac lot Built 1923
Last sale Oct 2025 · $542,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,500 square foot retail property, located at 2343 W. Chicago Avenue in Chicago, IL 60622, presents a unique investment opportunity. Built in 1923, this single-story masonry building is zoned C1-3 and offers a turnkey restaurant setup, complete with substantial furniture, fixtures, and equipment (FF&E), ready for immediate occupancy. The property boasts a prominent location on Chicago Avenue, benefiting from high visibility and traffic, with over 15,300 vehicles passing

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?
$40k
Tax billed · 2022
Assessed value$185k
Assessed land$21k
Assessed improvement$165k
Effective rate21.42%

Value estimate

· Sep 2026
$340k
$306k – $374k
Sales comparison$643k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$327/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$136 – $486
Qualifying comparables24

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: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm9.7
Laundromat9.0
Pet Grooming Service8.7

Location

2343 Chicago Ave Chicago, IL 60622-4723
County assessor Recorded deeds · 1 transfer 24 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
1806 Chicago, Chicago, IL 60622 $1,325,000 Feb 2025 5,500 SF
1710 Augusta, Chicago, IL 60622 $1,600,000 Jan 2025 6,000 SF
1259 Ashland, Chicago, IL 60622-2204 $300,000 Nov 2024 5,589 SF
1740 Chicago, Chicago, IL 60622 $2,450,000 Apr 2024 3,500 SF
1734 Chicago, Chicago, IL 60622-5012 $2,450,000 Apr 2024 5,700 SF
1140 California, Chicago, IL 60622-3401 $650,000 Mar 2024 2,900 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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