Property profile

1613 Michigan Ave A Chicago, IL 60616

OFF-MARKET
Office Spaces
Property ID
US28-0233695
0.74 ac lot Built 1946
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1946
Lot 0.74 ac (32,245 SF)
APN 17-22-302-050-1001
UPID US28-0233695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advocacy Group

Location

1613 Michigan Ave, Unit A Chicago, IL 60616-1209
Chicago metro Census 330103 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2015
3 recorded transactions
2015
$649,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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