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Property profile

112 May St Chicago, IL 60607

OFF-MARKET
Retail space
Property ID
US28-2258874
28,500 SF 0.24 ac lot Built 1920
Last sale Apr 2022 · $13,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-tenant office building configured for leasing, with a layout that supports incremental improvement through additional tenant occupancy. It is located within walking distance of public transit access at the CTA Morgan station and the Metra/Amtrak services at Union Station or the Ogilvie Transportation Center. The property includes a total of 26 parking spaces located in an adjacent lot. The surrounding area is characterized by major corporate headquarters and large-scale developments, including establishments such as McDonald’s and Google.

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?
$209k
Tax billed · 2022
Assessed value$1.01M
Assessed land$90k
Assessed improvement$923k
Effective rate20.64%

Value estimate

· Oct 2026
$10.83M
$9.74M – $11.91M
AI approach$9.60M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$626/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$317 – $974
Qualifying comparables8

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat7.9
Shoe Repair7.9
Veterinary Clinic7.0

Location

112 May St Chicago, IL 60607-2016
County assessor Recorded deeds · 16 transfers 8 qualifying comp sales 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
554 Roosevelt, Chicago, IL 60607-4917 $2,210,500 Jun 2025 21,000 SF
1133 Van Buren, Chicago, IL 60607-2907 $1,295,000 Sep 2024 25,500 SF
1131 Van Buren, Chicago, IL 60607 $1,295,000 Sep 2024 25,500 SF
1144 Fulton Market, Chicago, IL 60607-1268 $8,600,000 Jul 2024 37,200 SF
220 Ashland, Chicago, IL 60607-5302 $5,700,000 Jun 2024 17,600 SF
1516 Carroll, Chicago, IL 60607-1037 $1,337,500 Jan 2024 20,000 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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