Financial
Distress signals
Property profile

225 Illinois St Chicago, IL 60654

OFF-MARKET
Office buildings
Property ID
US28-2508898
94,200 SF 0.23 ac lot Built 1925
Last sale Jan 2026 · $4,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class B office building at 225 W Illinois St, Chicago, IL 60654, offers a diverse range of flexible office spaces to suit various business needs. The 46,150 square foot building features multiple tenancy options, catering to businesses of all sizes. Currently, four suites are available for lease, providing a variety of configurations. Suite 200 boasts a generous 9,702 square feet, while Suite 300 offers 8,350 square feet of well-designed space. For smaller businesses, Suite

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?
$518k
Tax billed · 2022
Assessed value$2.52M
Assessed land$495k
Assessed improvement$2.02M
Effective rate20.57%

Value estimate

· Sep 2026
$1.51M
$1.35M – $1.66M
Sales comparison$2.59M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$152/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$56 – $235
Qualifying comparables3

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat15.0
Buffet6.9
Chinese Restaurant6.7

Location

225 Illinois St Chicago, IL 60654-8369
County assessor Recorded deeds · 8 transfers 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
225 Ohio, Chicago, IL 60654-7898 $4,956,000 May 2025 51,900 SF
151 Ontario, Chicago, IL 60654 $7,400,000 Nov 2024 74,600 SF
149 Ontario, Chicago, IL 60654 $7,400,000 Nov 2024 74,600 SF
612 La Salle, Chicago, IL 60654 $7,400,000 Nov 2024 74,600 SF
116 Illinois, Chicago, IL 60654-6565 $3,000,000 Sep 2024 53,700 SF
300 Superior, Chicago, IL 60654-3535 $23,300,000 Jul 2024 91,000 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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