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Financial
Distress signals
Property profile

19 Arc Pl Chicago, IL 60603

OFF-MARKET
Office buildings
Property ID
US28-1330583
184,200 SF 0.33 ac lot Built 1891
Last sale Nov 2024 · $3,261,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two second-generation restaurant spaces with frontage on N. LaSalle St and Arcade Pl. One space fronts N. LaSalle St and contains 2,195 square feet, while the other fronts Arcade Pl and contains 4,594 square feet. The Arcade Pl space is designed to support demising, allowing subdivision into smaller units, and both spaces have existing restaurant-related infrastructure in place.

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?
$886k
Tax billed · 2022
Assessed value$4.31M
Assessed land$2.18M
Assessed improvement$2.12M
Effective rate20.57%

Value estimate

· Oct 2026
$3.26M
$2.93M – $3.59M
AI approach$3.26M
Submarket $/SF estimate$4.12M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.4
Butcher7.1
Buffet6.8

Location

19 Arc Pl Chicago, IL 60603
County assessor Recorded deeds · 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
190 La Salle, Chicago, IL 60603-3410 $55,000,000 Dec 2025 856,600 SF
100 State, Chicago, IL 60603-5513 $3,100,000 Jul 2025 42,800 SF
79 Monroe, Chicago, IL 60603-4901 $8,750,000 Oct 2022 186,400 SF
130 Clark, Chicago, IL 60603 $314,350,000 Jul 2022 1,375,400 SF
111 Monroe, Chicago, IL 60603-4096 $314,350,000 Jul 2022 1,375,400 SF
115 La Salle, Chicago, IL 60603-3801 $314,350,000 Jul 2022 1,375,400 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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