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Financial
Distress signals
Property profile

6154 W 111Th St Chicago Ridge, IL 60415

FOR SALE
Auto shops
Property ID
US28-1485064
0.43 ac lot Built 1965
Last sale Oct 2024 · $695,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a remodeled, single-tenant commercial building totaling 2,242 square feet in Chicago Ridge, part of the Chicago metropolitan area. It is located on 111th Street, just west of the I-294 off-ramp, along a commercial corridor between industrial parks and residential areas. The building was configured as a Meineke location and is situated for exposure to high vehicular traffic on 111th Street. The immediate area is densely populated, with population concentrations reported as 15,000+ people within a 1-mile radius and 119,000+ people within a 3-mile radius.

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.

Debts

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?
$19k
Tax billed · 2022
Assessed value$50k
Assessed land$31k
Assessed improvement$19k
Effective rate39.18%

Value estimate

· Oct 2026
$695k
$626k – $765k
AI approach$695k
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 4.08% cap applied$59k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 372 recorded sales of this use type
Observed band · Q1–Q3$53 – $217

Cap rate analysis

How does the asset earn?
4.08%
$59k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.5
Law Firm26.3
Spa & Massage22.4

Location

6154 W 111Th St Chicago Ridge, IL 60415
County assessor Recorded deeds · 8 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

2 recorded sales · 8 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10333 Oxford, Chicago Ridge, IL 60415-1505 $250,000 Dec 2024 1,984 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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