Realmo Analytics

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Financial
Distress signals
Property profile

629 W Lake St Chicago, IL 60661

FOR LEASE
Retail space
Property ID
US28-1123098
1,000 SF 0.14 ac lot Built 1926
Last sale Mar 2022 · $2,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
629 W Lake St, Chicago, IL 60661 For Lease
$49 SF/Yr 1,231 SF available
629 W Lake St, Chicago, IL 60661
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$29k
Tax billed · 2022
Assessed value$138k
Assessed land$91k
Assessed improvement$48k
Effective rate20.64%

Value estimate

· Oct 2026
$2.15M
$1.93M – $2.36M
AI approach$2.18M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 34,757.14% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 2181 recorded sales of this use type
Observed band · Q1–Q3$69 – $260

Cap rate analysis

How does the asset earn?
34,757.14%
$17k 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: Buffet
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Buffet6.8
Outlet Store6.0
Adult Day Care Center5.9

Location

629 W Lake St Chicago, IL 60661
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
206 Jefferson, Chicago, IL 60661-5639 $950,000 Dec 2022 3,200 SF
619 Randolph, Chicago, IL 60661-2203 $1,850,000 Apr 2022 3,400 SF
219 Milwaukee, Chicago, IL 60661 $18,000,000 Dec 2021 31,200 SF
630 Lk, Chicago, IL 60661-1508 $9,937,500 Mar 2020 6,400 SF
721 Ct, Chicago, IL 60661 $7,000,000 Dec 2019 7,200 SF
125 Jefferson St, Chicago, IL 60661-3663 $175,000 Oct 2019 1,075 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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