Financial
Distress signals
Property profile

420 May St Chicago, IL 60642

OFF-MARKET
Retail space
Property ID
US28-2396953
63,300 SF 0.08 ac lot Built 1916
Last sale Mar 2023 · $34,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$35k
Tax billed · 2022
Assessed value$171k
Assessed land$10k
Assessed improvement$162k
Effective rate20.64%

Value estimate

· Sep 2026
$27.26M
$24.53M – $29.98M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$117 – $423

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: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.8
Nursing Home8.6
Assisted Living Facility8.2

Location

420 May St Chicago, IL 60642-6698
County assessor Recorded deeds · 7 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
1504 Fremont, Chicago, IL 60642-2526 $2,400,000 Jun 2025 17,144 SF
1048 Kinzie, Chicago, IL 60642 $4,700,000 May 2025 35,500 SF
1400 Dayton, Chicago, IL 60642-2602 $11,500,000 Mar 2025 29,800 SF
1400 Hubbard, Chicago, IL 60642-8195 $4,075,000 May 2024 73,500 SF
1539 Dayton, Chicago, IL 60642 $1,265,000 Oct 2023 41,600 SF
400 May, Chicago, IL 60642-6480 $34,500,000 Mar 2023 63,300 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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