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Financial
Distress signals
Property profile

1225 Cortland St Chicago, IL 60614

OFF-MARKET
Other industrial properties
Property ID
US28-2362027
1,400 SF 1.15 ac lot Built 1989
Last sale Aug 2001
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property consists of a 21.49-acre land parcel located near the Chicago River and adjacent to Lincoln Park, and it is divided into three separate parcels. The zoning classification is M3-3, which supports a range of industrial and manufacturing uses. The land is configured to permit separate or combined ownership of the individual parcels, including parcels at 1110 W North Ave (6.48 acres) and 1401 N Magnolia Ave (5.4 acres), within the overall 21.49-acre assemblage.

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?
$93k
Tax billed · 2022
Assessed value$451k
Assessed land$439k
Assessed improvement$13k
Effective rate20.57%

Value estimate

· Oct 2026
$260k
$234k – $286k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
Submarket average, outlier-cleaned · 1038 recorded sales of this use type
Observed band · Q1–Q3$30 – $145
Qualifying comparables5

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: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm9.5
Watch Repair Shop9.3
Assisted Living Facility9.2

Location

1225 Cortland St Chicago, IL 60614
County assessor Recorded deeds · 2 transfers 5 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
1910 Clifton, Chicago, IL 60614 $6,102,500 Oct 2025 1,200 SF
1335 Cortland, Chicago, IL 60614 $6,000,000 Jul 2025 29,500 SF
1323 Cortland, Chicago, IL 60614 $6,000,000 Jul 2025 29,500 SF
1015 Lill, Chicago, IL 60614 $1,000,000 May 2024 4,500 SF
2461 Clybourn, Chicago, IL 60614-1942 $525,000 Mar 2024 3,100 SF
1866 Marcey, Chicago, IL 60614-4820 $1,400,000 Mar 2023 7,000 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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