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Financial
Distress signals
Property profile

401 Ontario St Chicago, IL 60611

OFF-MARKET
Retail space
Property ID
US28-3500565
0.02 ac lot Built 1962
Last sale Dec 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This stunning four-story, 48,000-square-foot boutique loft office building in Chicago's vibrant West Loop offers exceptional executive office space. Located at 401 West Ontario Street, this property boasts exposed brick, high ceilings, and oversized windows, creating a sophisticated and inspiring work environment. Currently, 12,500 square feet of space is immediately available, divisible into units as small as 300 square feet, with a maximum contiguous space of 12,500 square feet. The…

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.

Debts

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?
$17k
Tax billed · 2022
Assessed value$81k
Assessed land$2k
Assessed improvement$79k
Effective rate20.57%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,571/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$515 – $2,101

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
Laundromat12.6
Pet Grooming Service9.6
Butcher8.7

Location

401 Ontario St Chicago, IL 60611-3051
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44 Superior, Chicago, IL 60611-2660 $4,400,000 Feb 2026 2,700 SF
839 Ernst, Chicago, IL 60611 $9,900,000 Jan 2026 No data
500 Streeter, Chicago, IL 60611-3470 $100,000 Mar 2025 No data
1000 Rush, Chicago, IL 60611-1208 $21,500,000 Feb 2025 43,600 SF
41 Oak, Chicago, IL 60611-1300 $17,075,000 Dec 2024 5,900 SF
229 Ontario, Chicago, IL 60611 $8,700,000 Sep 2024 16,900 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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