Financial
Distress signals
Property profile

100 N Western Ave Chicago, IL 60612

FOR LEASE
Commercial real estate
Property ID
US28-1537109
2.44 ac lot Built 1950
Last sale Jul 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Chicago commercial property, located at 100 N. Western Avenue (Cross Street: Washington & Western), offers a unique blend of office and warehouse space, ideal for a variety of businesses. The building, a Class B property constructed in 1969, boasts a total of 457,266 square feet, situated on a 5.62-acre lot in Cook County, IL (Zip code 60612). Multiple tenancies are available, with a minimum divisible space of 31,315 square feet and a maximum contiguous space of 33,020 square…

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?
$340k
Tax billed · 2022
Assessed value$1.64M
Assessed land$173k
Assessed improvement$1.47M
Effective rate20.64%

Value estimate

· Sep 2026
$630k
$567k – $693k
AI approach$630k
NOI build-up
Gross scheduled income$17.56M
Vacancy & credit loss−$4.48M
Operating expenses−$3.27M
NOI · 57,712,347.06% cap applied$9.81M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$274/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$152 – $578

Cap rate analysis

How does the asset earn?
57,712,347.06%
$9.81M 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.0
Pawn Shop13.3
Accounting Firm12.5

Location

100 N Western Ave Chicago, IL 60612
County assessor Recorded deeds · 4 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Hermitage, Chicago, IL 60612 $4,310,000 Feb 2026 No data
2000 Madison, Chicago, IL 60612 $19,132,000 Feb 2026 No data
16 Damen, Chicago, IL 60612 $19,132,000 Feb 2026 No data
2043 Warren, Chicago, IL 60612 $19,132,000 Feb 2026 No data
2347 Grand, Chicago, IL 60612 $340,000 Jan 2026 No data
2210 Grand, Chicago, IL 60612-1512 $772,500 Sep 2025 No data
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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