Financial
Distress signals
Property profile

2946 North Western Ave Chicago, IL 60618

FOR SALE
Auto shops
Property ID
US28-2439377
18,600 SF 0.66 ac lot Built 2004
Last sale Oct 1997 · $379,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an industrial building offering approximately 1,455 square feet of interior space suitable for warehouse or light industrial use. It includes concrete flooring, a truss roof, and a clear-span interior layout. The site is configured with extensive parking and outdoor storage capacity, and the building is equipped with a wet sprinkler system. The structure has potential for expansion of the loading dock and additional drive-in door configuration.

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?
$45k
Tax billed · 2022
Assessed value$220k
Assessed land$76k
Assessed improvement$144k
Effective rate20.64%

Value estimate

· Sep 2026
$390k
$351k – $429k
Submarket $/SF estimate$867k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 349 recorded sales of this use type
Observed band · Q1–Q3$52 – $212

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: Florist
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Florist9.4
Watch Repair Shop9.4
Breakfast8.8

Location

2946 North Western Ave Chicago, IL 60618
County assessor Recorded deeds · 15 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3019 Kedzie, Chicago, IL 60618 $2,056,000 Jul 2025 21,200 SF
3029 Kedzie, Chicago, IL 60618-6906 $2,056,000 Jul 2025 21,200 SF
4326 California, Chicago, IL 60618-1514 $882,000 Oct 2023 7,100 SF
3809 Elston, Chicago, IL 60618-4212 $2,138,000 Sep 2023 12,400 SF
2414 Irving Park, Chicago, IL 60618-3714 $525,000 Jun 2022 8,100 SF
3836 Kedzie, Chicago, IL 60618-3414 $1,440,000 Jan 2019 12,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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