Property profile

131 Fremont St West Chicago, IL 60185

OFF-MARKET
Other commercial real estate
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Property ID
US28-1511574
6,770 SF 0.35 ac Built 1945
Last sale Oct 2026·$655,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Built in 1945, this brick flex/commercial property features tall ceilings and a loading dock with a hydraulic lift. The site includes 15+ on-site parking spaces. The building has had a roof replacement, an upgraded electrical service, a renovated kitchen, and new awnings as part of recent improvements. Central air conditioning and natural gas availability are provided. The property is zoned COMMR and configured as a flexible commercial format suitable for users requiring loading and parking. It…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$144k
Assessed land$47k
Assessed improvement$97k
Effective rate9.28%

Value estimate

· Nov 2026
$530k
$477k – $583k
AI approach$365k
Submarket $/SF estimate$739k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$98 – $271
Qualifying comparables27

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

What can be built here?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Law Firm13.5
Dental Office11.2

Location

131 Fremont St West Chicago, IL 60185-1924
County assessor Recorded deeds · 8 transfers 27 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
255 Roosevelt, West Chicago, IL 60185-3998 $1,300,000 May 2025 5,500 SF
2351 Powis, West Chicago, IL 60185-1013 $4,225,000 Oct 2024 6,000 SF
27th N, West Chicago, IL 60185-1533 $1,680,000 Oct 2024 6,860 SF
27th N, West Chicago, IL 60185-1765 $1,655,000 Aug 2024 5,031 SF
540 Topsoil, West Chicago, IL 60185-4809 $2,000,000 Jun 2024 10,000 SF
151 Hawthorne, West Chicago, IL 60185-2030 $990,000 Feb 2024 6,186 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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