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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Office buildings
111 Jackson Blvd Ste 1200, Chicago, IL 60604-3879
Entity Owned
Free & Clear
Property ID
US28-1025210
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1958
Total area
574,400 SF
Lot
0.73 ac (31,950 SF)
APN
17-16-231-010
UPID
US28-1025210
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$2.04M
Owner & transaction history
111 Wj Note Holder LLC
111 Wj Note Holder LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$4 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,368,708
Tax year 2022
Assessed value
$26,101,942
Assessed 2022
Previous assessed
$26,521,476
-1.6% YoY
Effective rate
20.57%
On assessed value
Assessed land
$3,794,062
Assessed improvement
$22,307,880
Land market value
$15,176,248
Improvement market value
$89,231,520
Total market value
$104,407,768
Applied tax rate
76,068.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1958
Heating
NONE
Stories
25
Total area
574,400 SF
Lot
0.73 ac (31,950 SF)
APN
17-16-231-010
UPID
US28-1025210
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
25
Lot
0.73 ac
Current owner
From public records · entity-resolved
111 Wj Note Holder LLC
Entity
Free & Clear · 0 yrs held
Mailing address
111 W JACKSON BLVD STE #1200, CHICAGO, IL 60604-3879
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
111 Wj Note Holder LLC
Csail 2018 Cx11 West Jackson Blvd L
Deed
—
Nov 17, 2017
—
111 West Jackson Holdings LLC
—
Grant Deed
related
$210,000,000 · Natixis R/e Cap
Dec 31, 2013
$54,570,000
111 West Jackson Holdings LLC
111 West Jackson Assocs LLC
Grant Deed
related
—
Mar 10, 2011
$35,000,000
111 West Jackson Assocs LLC
P & S LP
Warranty Deed
$28,000,000 · P&s LP
Feb 10, 2000
—
P LP
Lasalle Bank NA Trustee
Grant Deed
related
—
—
—
111 West Jackson Assocs LLC
—
Deed Of Trust
related
$80,000,000 · J P Morgan Chase Bank
—
—
111 West Jackson Assocs LLC
—
Deed Of Trust
related
$75,000,000 · J P Morgan Chase Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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