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Financial
Distress signals
Property profile

1956 Lawrence Ave Chicago, IL 60640

OFF-MARKET
Retail space
Property ID
US28-2426087
0.12 ac lot Built 1996
Last sale Apr 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 1956 W. Lawrence Ave in Chicago, IL, offers a unique opportunity for businesses seeking executive office space. Situated in a bustling area of Cook County, this mixed-use condo building boasts approximately 19,000 square feet spread across three stories. The building features multiple suites available, with a minimum divisible space of 1,280 square feet and a maximum contiguous space of 1,512 square feet. Currently, 4,115 square feet of vacant…

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?
$40k
Tax billed · 2022
Assessed value$189k
Assessed land$11k
Assessed improvement$178k
Effective rate21.26%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$161 – $399

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: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.5
Catering Service9.0
Food Market8.9

Location

1956 Lawrence Ave Chicago, IL 60640-4010
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5258 Broadway, Chicago, IL 60640 $2,000,000 Jan 2026 10,700 SF
5420 Clark, Chicago, IL 60640-1210 $9,850,000 Nov 2025 3,840 SF
5419 Clark, Chicago, IL 60640-1209 $1,725,000 May 2025 3,000 SF
5310 Clark, Chicago, IL 60640-2114 $2,901,500 Dec 2024 6,100 SF
5300 Clark, Chicago, IL 60640-2114 $2,581,500 Sep 2024 4,000 SF
5306 Clark, Chicago, IL 60640-2114 $1,491,500 Sep 2024 4,800 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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