Property profile

116 Main St West Chicago, IL 60185

OFF-MARKET
Commercial real estate
Property ID
US28-0204062
2,203 SF 0.04 ac lot Built 1863
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1863
Construction FRAME
Total area 2,203 SF
Lot 0.04 ac (1,742 SF)
Zoning code C
APN 04-09-204-007
UPID US28-0204062

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant

Location

116 Main St West Chicago, IL 60185-2865
West Chicago metro Census 841504 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
Last sale
$215,000
5 recorded transactions
2024
$215,000
2001
$145,000
1999
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · West Chicago, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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