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Financial
Distress signals
Property profile

2249 Lumber St Chicago, IL 60616

OFF-MARKET
Industrial properties
Property ID
US28-2557461
6,900 SF 1.95 ac lot Built 1978
Trust Owned Owner of record is a trust. 25-yr Hold Held for 25 years. 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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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?
$30k
Tax billed · 2022
Assessed value$144k
Assessed land$133k
Assessed improvement$11k
Effective rate20.57%

Value estimate

· Oct 2026
$550k
$495k – $605k
CAP approach$665k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
Submarket average, outlier-cleaned · 1038 recorded sales of this use type
Observed band · Q1–Q3$30 – $145
Qualifying comparables10

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.8
Auto Parts Store30.4
Law Firm26.2

Location

2249 Lumber St Chicago, IL 60616
County assessor Recorded deeds · 1 transfer 10 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1836 Wabash, Chicago, IL 60616-1615 $3,050,000 Mar 2025 13,000 SF
1913 Jefferson, Chicago, IL 60616-1010 $110,000 Sep 2024 4,000 SF
2620 Wabash, Chicago, IL 60616-2825 $1,500,000 Dec 2022 11,300 SF
2624 Wabash, Chicago, IL 60616 $1,500,000 Dec 2022 11,300 SF
2738 Wls, Chicago, IL 60616-2748 $800,000 Nov 2022 2,800 SF
654 21st, Chicago, IL 60616 $500,000 Oct 2021 5,100 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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