Financial
Distress signals
Property profile

2018 Ashland Ave Chicago, IL 60608

OFF-MARKET
Retail space
Property ID
US28-0980967
4,400 SF 0.16 ac lot Built 1926
Last sale Dec 2025 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property contains more than 5,000 square feet and is located on Ashland Avenue in Chicago’s Pilsen neighborhood. It features a front event and planning area of approximately 2,000 square feet with multiple rooms, including a kitchen, a large office, two half bathrooms (one of which has been renovated), and a finished storage room. The rear portion provides approximately 3,000 square feet of warehouse space with a garage door for loading and unloading and a private parking lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$21k
Tax billed · 2022
Assessed value$100k
Assessed land$35k
Assessed improvement$65k
Effective rate20.57%

Value estimate

· Sep 2026
$785k
$707k – $864k
CAP approach$935k
Submarket $/SF estimate$1.01M

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$201/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$70 – $341
Qualifying comparables28

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: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.5
Dry Cleaner8.8
Shoe Repair8.7

Location

2018 Ashland Ave Chicago, IL 60608-2906
County assessor Recorded deeds · 9 transfers 28 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
1103 31st, Chicago, IL 60608 $250,000 Oct 2024 2,800 SF
2201 Cermak, Chicago, IL 60608-3921 $965,000 Apr 2024 8,400 SF
3455 Ashland, Chicago, IL 60608-6207 $1,250,000 Jan 2024 2,400 SF
2146 Cermak, Chicago, IL 60608-4006 $220,000 Dec 2023 2,600 SF
2501 Western, Chicago, IL 60608-4807 $1,200,000 Nov 2023 6,900 SF
1705 18th, Chicago, IL 60608-1913 $4,500,000 Oct 2023 2,688 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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