Realmo Analytics
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Property summary
This exceptional Chicago property, located at 1802 W Chicago Ave, offers 6,000 square feet of versatile space in a 1-story, column-free bow truss building. Currently configured as a restaurant and apartment building, it presents significant redevelopment potential for mixed-use development. The 6,188 square foot lot is zoned B3-2, allowing for a variety of uses. Situated in the desirable West Town neighborhood, this property benefits from a prime location within a half-mile radius of nearly… 20,000 residents with an average household income of $187,000. Its convenient location offers easy access to public transportation, including the CTA's 66 Chicago Avenue bus route, and is less than half a mile from I-90, providing excellent connectivity to major highways. The asking price for this value-add investment opportunity is $1,500,000. The property includes two APNs: 17-06-436-021-0000 & 17-06-436-020-0000. This presents a unique chance to capitalize on the vibrant West Town market and its strong demographics. The column-free design offers flexibility for various layouts and configurations, maximizing potential rental income or retail space utilization. The property's proximity to the Magnificent Mile further enhances its investment appeal.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,500 SF
- Lot area
- 0.07 ac
- Year built
- 1940
- Stories
- 1
- APN
- 17-06-436-021
- Assessed value · 2022
- $59,209
- Annual tax · 2022
- $12,680
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Ownership
- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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