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Financial
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Property profile

1157 Erie St Chicago, IL 60642

OFF-MARKET
Office Spaces
Property ID
US28-3436790
Last sale Oct 2025 · $245,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,200 square foot office condo is located in a desirable West Town building at 1157 W. Erie, built in 2020. Part of a nine-unit condominium complex, this single-tenant space offers a brand-new, customizable interior ready for immediate occupancy upon lease execution. The building boasts a total of 25,000 square feet spread across six stories. Property taxes are $11.68 per square foot. The building features 200 amps of power. Its convenient location provides immediate…

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?
$10k
Tax billed · 2022
Assessed value$49k
Assessed land$3k
Assessed improvement$46k
Effective rate20.57%

Value estimate

· Oct 2026
$185k
$167k – $204k
AI approach$185k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

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: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home9.8
Assisted Living Facility9.3
Laundromat8.0

Location

1157 Erie St Chicago, IL 60642-6002
County assessor Recorded deeds · not on file 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
1407 Chicago Ave, Chicago, IL 60642-5231 $750,000 Jul 2025 No data
817 Superior St, Chicago, IL 60642-4271 $258,000 Jul 2025 No data
1400 Grand, Chicago, IL 60642-6301 $350,000 May 2025 No data
811 Evergreen, Chicago, IL 60642-2682 $8,000,000 May 2025 47,000 SF
824 Superior St, Chicago, IL 60642-8083 $140,000 Mar 2025 No data
1402 Grand, Chicago, IL 60642-6302 $290,000 Jan 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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