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Property profile & analytics
FOR SALE
Retail space
1449 W Irving Park Rd Chicago, IL 60613
Entity Owned
Property ID
US28-0403826
For Sale
1 / 11
$129,000
1449 W Irving Park Rd, Chicago, IL 60613
View Listing →
Property summary
AI-generated overview
Why rent when you can buy? Small Retail/Office Condo on Irving Park between Southport & Ashland. Busy street with ample traffic. Formerly a small medical office. Ideal for wide range of small retail, medical and office uses. Approximately 850 square feet with reception area, two private offices, utility room with sink, drinking fountain, very high ceilings, 20 feet of frontage, & bathroom. Location features ample traffic & strong demographics. 2024 1-mile population is 80,327, average household income is $129,692 & annual consumer spending is over $1.3billion. 45k vehicles per day, walk score of 88 & bike score of 89!
Property profile
Verified
Property type
Retail space
Year built
2005
Total area
850 SF
UPID
US28-0403826
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
1449 W Irving Park Rd Parking Parking Lot & Garage
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KnowNow Health - Lakeview Medical Clinic
-
Keaney Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Crosstown Realtors INC
Crosstown Realtors INC
since 2026
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Status
For Sale
Year built
2005
Total area
850 SF
UPID
US28-0403826
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Current owner
From public records · entity-resolved
Crosstown Realtors INC
Entity
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
$124,000
Crosstown Realtors INC
1449-1457 West Irving LLC
Warranty Deed
—
Jan 22, 2026
—
1449 1457 West Irving LLC
—
Deed
related
$221,964 · Wintrust Bank NA
Feb 22, 2024
—
Mazal Investments LLC
Quick Key INC
Quitclaim Deed
related
—
Aug 10, 2016
—
1449-1457 West Irving LLC
—
Deed
related
$255,000 · Northbrook Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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