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Property summary
This exceptional 51-unit apartment building, known as Imperial Lofts, presents a compelling value-add investment opportunity in Chicago's vibrant South Loop neighborhood. The property boasts 61,338 square feet across six stories, situated on a 0.38-acre lot with 100 feet of frontage on Wabash Avenue. Built in 1904 and renovated in 2000, the building is currently 100% occupied and features a mix of 30 one-bedroom/one-bathroom, 15 two-bedroom/one-bathroom, and 5 two-bedroom/two-bathroom units. … The first floor includes approximately 2,500 square feet of retail space, while the remaining ground level and basement provide interior heated parking. Additional exterior parking is available on adjacent land owned by the building. The building offers desirable amenities including a fitness room, bicycle storage, and a storage room, along with controlled access and a separate freight elevator. Its prime location offers exceptional walkability and transit access, with proximity to the Roosevelt CTA station (Red, Orange, and Green lines), the 18th Street Metra station, and numerous bus routes. The South Loop's strong demographics, including a high average household income of $133,000 within a one-mile radius and significant population growth, further enhance the investment potential. The asking price for this Class B multifamily property is $14,995,000. The permitted zoning is DX-7. This property represents a rare opportunity to acquire a well-maintained, high-occupancy building in a rapidly developing area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.37 ac
- Year built
- 1911
- APN
- 17-22-106-090-1101
- Assessed value · 2022
- $57,854
- Annual tax · 2022
- $11,937
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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