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Financial
Distress signals
Property profile

1955 Chicago Ave Riverside, CA 92507

FOR LEASE
Office buildings
Property ID
US09-2802781
35,550 SF 0.41 ac lot Built 2006
Last sale Oct 2015 · $17,235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1955 Chicago Ave, Riverside, CA 92507 For Lease
$1,340,000
1955 Chicago Ave, Riverside, CA 92507
View Listing

Property summary

AI-generated overview

The property is a commercial building constructed in 2006 and includes office units. One office unit is configured with approximately 1,397 square feet of interior space and is located at 1955 Chicago Avenue in Riverside, California.

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 · 2024

What does the county charge?
$58k
Tax billed · 2024
Assessed value$6.89M
Assessed land$630k
Assessed improvement$6.26M
Effective rate0.84%

Value estimate

· Oct 2026
$1.34M
$1.21M – $1.47M
NOI build-up
Gross scheduled income$918
Vacancy & credit loss−$59
Operating expenses−$214
NOI · 31,414.63% cap applied$644

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$169 – $250

Cap rate analysis

How does the asset earn?
31,414.63%
$644 estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
M1
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency19.7
Spa & Massage18.6
Dental Office18.3

Location

1955 Chicago Ave Riverside, CA 92507
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2010 Iowa, Riverside, CA 92507-7406 $19,028,500 Nov 2024 37,952 SF
2038 Iowa, Riverside, CA 92507-2412 $19,028,500 Nov 2024 37,952 SF
6296 Riv Crst, Riverside, CA 92507-0742 $6,455,000 Jun 2022 32,610 SF
1040 Iowa, Riverside, CA 92507-9400 $16,750,000 Jan 2022 35,104 SF
588 Technology Ct, Riverside, CA 92507-2182 $6,800,000 Sep 2021 35,776 SF
1737 Atlanta, Riverside, CA 92507-2442 $4,500,000 Jul 2020 40,054 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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