Financial
Distress signals
Property profile

1438 Cortland St Chicago, IL 60642

OFF-MARKET
Retail space
Property ID
US28-2548902
5,700 SF 0.43 ac lot Built 1922
Last sale Oct 2013 · $858,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$139k
Tax billed · 2022
Assessed value$675k
Assessed land$141k
Assessed improvement$534k
Effective rate20.57%

Value estimate

· Sep 2026
$365k
$329k – $402k
CAP approach$1.22M
Sales comparison$969k

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

Recently sold

What actually traded nearby?
$268/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$117 – $423
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply54.9
Wholesale Shop46.0
Auto Parts Store41.3

Location

1438 Cortland St Chicago, IL 60642-1212
County assessor Recorded deeds · 7 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
1009 Division, Chicago, IL 60642 $860,000 Apr 2025 2,300 SF
1917 Elston, Chicago, IL 60642-1219 $2,600,000 Feb 2024 5,000 SF
1445 Chicago, Chicago, IL 60642-5234 $3,611,000 Sep 2023 5,500 SF
403 Carpenter, Chicago, IL 60642-6503 $5,810,500 Mar 2023 10,200 SF
1573 Wn, Chicago, IL 60642-2358 $860,000 Mar 2023 2,300 SF
815 Milwaukee, Chicago, IL 60642-4104 $1,035,000 Jun 2022 2,400 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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