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Financial
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Property profile

1554 Larrabee St Chicago, IL 60610

OFF-MARKET
Retail space
Property ID
US28-1482679
500 SF 0.04 ac lot Built 1966
Last sale Mar 2018 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,600 square foot development site presents a unique investment opportunity in Chicago's vibrant Old Town neighborhood. Located at the southwest corner of North Avenue and Larrabee Street, this property offers unparalleled visibility and accessibility. Zoned for a variety of uses, this land parcel is ideal for developers seeking to capitalize on the area's high demand for both residential and commercial spaces. The asking price is $1,200,000, translating to $750 per square…

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?
$11k
Tax billed · 2022
Assessed value$52k
Assessed land$45k
Assessed improvement$7k
Effective rate20.57%

Value estimate

· Oct 2026
$100k
$90k – $110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 2181 recorded sales of this use type
Observed band · Q1–Q3$69 – $260

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.9
Food Market15.5
Laundromat14.0

Location

1554 Larrabee St Chicago, IL 60610-1120
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 Larrabee, Chicago, IL 60610 $820,000 Mar 2025 2,300 SF
451 Wn, Chicago, IL 60610-1127 $637,500 May 2023 1,500 SF
1507 Sedgwick, Chicago, IL 60610-1222 $625,000 Jun 2022 900 SF
917 Larrabee, Chicago, IL 60610 $350,000 Aug 2021 1,200 SF
818 State, Chicago, IL 60610-3319 $1,400,000 Dec 2019 1,500 SF
1512 Wls, Chicago, IL 60610-1308 $1,200,000 Sep 2019 1,300 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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