Financial
Distress signals
Property profile

2501 Clark St Chicago, IL 60614

OFF-MARKET
Retail space
Property ID
US28-0854657
1,500 SF 0.15 ac lot Built 1940
Last sale Apr 2024 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial land parcel located at 2501 N Clark St in Chicago. It measures 50 feet by 131 feet, for a total land area of approximately 6,550 square feet, and is zoned B1-2. The site has an existing tenant arrangement on a month-to-month basis. The parcel is associated with condominium development plans and includes an active process to seek a zoning change, subject to applicable approvals and any required agreements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$83k
Tax billed · 2022
Assessed value$392k
Assessed land$98k
Assessed improvement$294k
Effective rate21.24%

Value estimate

· Sep 2026
$1.80M
$1.62M – $1.98M
AI approach$1.80M
Submarket $/SF estimate$1.19M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$506/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$241 – $794
Qualifying comparables10

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 Firm28.3
Food Market18.4
Auto Repair Shop15.5

Location

2501 Clark St Chicago, IL 60614-1711
County assessor Recorded deeds · 6 transfers 10 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
2449 Lincoln, Chicago, IL 60614-2414 $800,000 Jan 2025 3,640 SF
1417 Fullerton, Chicago, IL 60614-2011 $1,000,000 Oct 2024 1,300 SF
1906 Halsted, Chicago, IL 60614-5009 $1,850,000 Aug 2024 2,600 SF
1952 Halsted, Chicago, IL 60614 $11,580,000 Nov 2023 3,680 SF
1959 Halsted, Chicago, IL 60614-5008 $2,250,000 May 2023 3,700 SF
2108 Halsted, Chicago, IL 60614-4316 $1,200,000 Aug 2022 1,900 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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