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Financial
Distress signals
Property profile

1620 Lawrence Ave Chicago, IL 60640

OFF-MARKET
Retail space
Property ID
US28-1942644
600 SF 0.16 ac lot Built 1987
Last sale Dec 2022 · $1,072,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A fully renovated freestanding retail building on a 7,140 square foot lot, featuring an updated exterior, storefront, roof, mechanical systems, and interior finishes. The building includes one ADA-compliant restroom and is configured to accommodate a tenant’s custom interior build-out. It is located on a busy portion of Lawrence Avenue in the Ravenswood/Uptown area, providing frontage and visibility to both pedestrian and vehicular traffic, with shared on-site parking for visitors and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$16k
Tax billed · 2022
Assessed value$75k
Assessed land$75k
Assessed improvement$211
Effective rate21.26%

Value estimate

· Oct 2026
$875k
$788k – $963k
AI approach$855k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$161 – $399

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: Home Appliance Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Home Appliance Store8.8
Catering Service8.8
Watch Repair Shop8.8

Location

1620 Lawrence Ave Chicago, IL 60640-3409
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5419 Clark, Chicago, IL 60640-1209 $1,725,000 May 2025 3,000 SF
4433 Broadway, Chicago, IL 60640-5659 $400,000 Apr 2024 1,900 SF
4437 Broadway, Chicago, IL 60640-5659 $690,000 Jun 2023 1,700 SF
5255 Clark, Chicago, IL 60640-2122 $2,600,000 Apr 2023 2,800 SF
5151 Clark, Chicago, IL 60640-2829 $1,275,000 Feb 2023 1,800 SF
5000 12th E Broadway, Chicago, IL 60640 $3,150,000 Sep 2022 2,600 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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