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Financial
Distress signals
Property profile

1645 Irving Park Rd 202 Hanover Park, IL 60133

FOR LEASE
Retail space
Property ID
US28-2379814
0.42 ac lot Built 1971
Last sale Jun 2016 · $300,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a renovated office suite providing approximately 1,100 square feet of usable interior space. The layout includes a private office, a conference room, a bathroom, and a kitchen area. The suite features newly installed LVP flooring and includes access to existing office furniture. The space is zoned for office use and for medical/tech-related uses, and it is located along a highly trafficked roadway with reported vehicle counts of approximately 24,600 cars per day. The…

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?
$31k
Tax billed · 2022
Assessed value$101k
Assessed land$55k
Assessed improvement$46k
Effective rate30.89%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$7k
Operating expenses−$5k
NOI · 116,669.23% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
116,669.23%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.2
Law Firm37.5
Clothing Store16.4

Location

1645 Irving Park Rd, Unit 202 Hanover Park, IL 60133
County assessor Recorded deeds · 2 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1260 Lk, Hanover Park, IL 60133-5423 $1,600,000 Oct 2024 2,340 SF
800 Olde Salem, Hanover Park, IL 60133 $200,000 Dec 2023 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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