Property profile

1623 Lumber St Chicago, IL 60616

OFF-MARKET
Industrial properties
Property ID
US28-1384613
101,800 SF 1.19 ac lot Built 1885
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1885
Total area 101,800 SF
Lot 1.19 ac (51,836 SF)
APN 17-21-311-025
UPID US28-1384613

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
  • Distribution Center
  • Scenic Spot

Location

1623 Lumber St Chicago, IL 60616-1117
Chicago metro Census 841900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.63M

Owner & transaction history

since 2024
2 recorded transactions
2024
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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