Financial
Distress signals
Property profile

30 N Michigan Ave Chicago, IL 60602

FOR LEASE
Office buildings
Property ID
US28-0143486
256,100 SF 0.36 ac lot Built 1919
Last sale Mar 2004 · $16,435,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
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?

$1.71M
Tax billed · 2022
Assessed value$8.31M
Assessed land$1.65M
Assessed improvement$6.66M
Effective rate20.57%
Value estimate · Sep 2026
$17.52M
$15.77M – $19.27M
AI approach$10.27M
NOI build-up
Gross scheduled income$9.83M
Vacancy & credit loss−$2.51M
Operating expenses−$1.83M
NOI · 21,979,528.00% cap applied$5.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278
Cap rate analysis

How does the asset earn?

21,979,528.00%
$5.49M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight No data

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: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service11.5
Adult Day Care Center12.2
Laundromat10.2

Location

30 N Michigan Ave Chicago, IL 60602
County assessor Recorded deeds · 5 transfers 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 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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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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