Property profile

2616 Clark St Chicago, IL 60614

OFF-MARKET
Motels
Property ID
US28-2290682
3,800 SF 0.14 ac lot Built 1894
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1894
Total area 3,800 SF
Lot 0.14 ac (6,128 SF)
APN 14-28-305-039
UPID US28-2290682

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Hotel & Motel

Location

2616 Clark St Chicago, IL 60614-2290
Chicago metro Census 70200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$440k
Comparable Approach Comparable
$459k
Blend (final) Blend
$615k

Owner & transaction history

since 2019
2 recorded transactions
2019
$4.1M
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $910,000 +38.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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