Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

312 W Chestnut St Chicago, IL 60610

FOR LEASE
Motels
Property ID
US28-5755682
21,200 SF 0.26 ac lot Built 1927
Last sale Dec 2012 · $1,172,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail opportunity is located at 312 West Chestnut Street in Chicago's vibrant River North submarket, within Cook County, Illinois. The property, identified as 312 West Chestnut, is a two-story commercial building totaling 33,985 square feet. Currently, a single suite of 755 square feet is available for lease, ideal for a restaurant or other commercial use. The building features convenient elevator access, a significant advantage for customers and staff. Its prime location…

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?
$169k
Tax billed · 2022
Assessed value$822k
Assessed land$774k
Assessed improvement$48k
Effective rate20.57%

Value estimate

· Oct 2026
$730k
$657k – $803k
CAP approach$2.46M
Submarket $/SF estimate$2.25M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$131 – $226

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
Laundromat16.2
Chinese Restaurant9.4
Butcher8.7

Location

312 W Chestnut St Chicago, IL 60610
County assessor Recorded deeds · 7 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

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1303 State, Chicago, IL 60610 $24,118,000 Dec 2024 169,500 SF
1301 State, Chicago, IL 60610-2334 $24,118,000 Dec 2024 169,500 SF
1305 State, Chicago, IL 60610 $24,118,000 Dec 2024 169,500 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
5 properties of the same type nearby
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again