Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1842 W Iowa St 1 Chicago, IL 60622

FOR SALE
Residential income homes
Property ID
US28-0693491
2,363 SF 0.06 ac lot Built 1890
Last sale Oct 2024 · $840,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years.
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Market Trends Soon
1842 W Iowa St,Unit 1, Chicago, IL 60622 For Sale
$999,000 2,363 SF
1842 W Iowa St,Unit 1, Chicago, IL 60622
View Listing

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?
$14k
Tax billed · 2022
Assessed value$68k
Assessed land$17k
Assessed improvement$51k
Effective rate20.57%

Value estimate

· Nov 2026
$840k
$756k – $924k
AI approach$840k
CAP approach$605k
Submarket $/SF estimate$770k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$3k
Operating expenses−$28k
NOI · 3.38% cap applied$34k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$276/SF
ZIP average, outlier-cleaned · 789 recorded sales of this use type
Observed band · Q1–Q3$215 – $360
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3.38%
$34k 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: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility9.5
Nursing Home9.2
Laundromat8.3

Location

1842 W Iowa St, Unit 1 Chicago, IL 60622
County assessor Recorded deeds · 9 transfers 4 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
1736 Superior, Chicago, IL 60622-5648 $730,000 Oct 2024 2,395 SF
871 Richmond, Chicago, IL 60622-5806 $645,000 Oct 2024 2,460 SF
1057 Leavitt, Chicago, IL 60622-3524 $821,000 Oct 2024 2,374 SF
1016 Western, Chicago, IL 60622-6088 $625,000 Sep 2024 2,568 SF
2537 Thomas, Chicago, IL 60622-3407 $650,000 Sep 2024 2,297 SF
1847 Chicago, Chicago, IL 60622-5513 $207,000 Sep 2024 2,310 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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