Financial
Distress signals
Property profile

221 Ontario St Chicago, IL 60611

OFF-MARKET
Retail space
Property ID
US28-0950112
16,900 SF 0.07 ac lot Built 1959
Last sale Sep 2024 · $8,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$82k
Tax billed · 2022
Assessed value$398k
Assessed land$244k
Assessed improvement$154k
Effective rate20.57%

Value estimate

· Sep 2026
$8.70M
$7.83M – $9.57M
AI approach$8.70M
Sales comparison$8.70M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,571/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$515 – $2,101
Qualifying comparables7

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
Laundromat15.0
Butcher8.4
Tattoo & Piercing Shop7.9

Location

221 Ontario St Chicago, IL 60611
County assessor Recorded deeds · 9 transfers 7 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
229 Ontario, Chicago, IL 60611 $8,700,000 Sep 2024 16,900 SF
223 Ontario, Chicago, IL 60611 $8,700,000 Sep 2024 16,900 SF
227 Ontario, Chicago, IL 60611-3385 $8,700,000 Sep 2024 16,900 SF
1037 Rush, Chicago, IL 60611-1227 $24,605,000 Feb 2022 9,700 SF
100 Ontario, Chicago, IL 60611-2806 $7,650,000 Sep 2021 24,900 SF
1125 State, Chicago, IL 60611 $16,750,000 May 2021 8,200 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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