Property profile

162 Ohio St Chicago, IL 60611

OFF-MARKET
Motels
Property ID
US28-4999458
153,300 SF 0.23 ac lot Built 1931
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1931
Total area 153,300 SF
Lot 0.23 ac (10,135 SF)
APN 17-10-118-011
UPID US28-4999458

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
  • Marketing & Advertising Event Planning
  • Hotel & Motel
  • High School
  • Weight Loss Service Wellness Center

Location

162 Ohio St Chicago, IL 60611-3105
Chicago metro Census 81403 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$17.75M
Comparable Approach Comparable
$15.51M
Blend (final) Blend
$17.38M

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2021
$13.5M
2018
Price N/A
2017
Price N/A
2006
$40.0M

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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