Financial
Distress signals
Property profile

1830 Drake Ave 1 Chicago, IL 60647

OFF-MARKET
Residential income homes
Property ID
US28-4232058
2,112 SF 0.1 ac lot Built 1893
Last sale Dec 2020
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$5k
Tax billed · 2022
Assessed value$25k
Assessed land$13k
Assessed improvement$12k
Effective rate20.64%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
ZIP average, outlier-cleaned · 1382 recorded sales of this use type
Observed band · Q1–Q3$213 – $406
Qualifying comparables3

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.4
HVAC Service11.2
Carpet & Flooring Store11.0

Location

1830 Drake Ave, Unit 1 Chicago, IL 60647-4821
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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
2171 Rockwell, Chicago, IL 60647-3001 $425,000 Dec 2025 2,116 SF
2625 Armitage, Chicago, IL 60647-4208 $292,000 Oct 2024 2,100 SF
2517 Francisco, Chicago, IL 60647-2611 $597,000 Oct 2024 2,098 SF
2436 Saint Louis, Chicago, IL 60647-2406 $604,500 Sep 2024 2,063 SF
2137 Leavitt, Chicago, IL 60647-7481 $1,000,000 Sep 2024 2,016 SF
2427 Artesian, Chicago, IL 60647-2910 $1,175,000 Sep 2024 1,911 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1830 Drake Ave, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message