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Property profile

404 Wls St 12 Chicago, IL 60607

OFF-MARKET
Office buildings
Property ID
US28-2332680
23,800 SF 0.09 ac lot Built 1910
Last sale Sep 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a furnished office suite configured for both private office use and collaborative work within a single interior layout. The suite includes a conference room with glass walls, two private offices, an open kitchen area, and an open workspace designed to accommodate up to 14 people. The interior has 11-foot ceilings and receives natural light, supporting a mix of private and team-oriented seating arrangements within the suite. Furniture may be included, and the office space is provided with a remaining term that extends to 11-30-27.

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?
$129k
Tax billed · 2022
Assessed value$625k
Assessed land$250k
Assessed improvement$375k
Effective rate20.63%

Value estimate

· Oct 2026
$895k
$806k – $985k
AI approach$895k
Submarket $/SF estimate$762k

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?

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store14.5
Laundromat10.5
Assisted Living Facility8.6

Location

404 Wls St, Unit 12 Chicago, IL 60607-3904
County assessor Recorded deeds · 11 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
901 Jackson, Chicago, IL 60607-3023 $14,750,000 Feb 2025 29,200 SF
1012 Jackson, Chicago, IL 60607 $6,200,000 Jun 2022 15,500 SF
1500 14th W Carr Oll, Chicago, IL 60607 $11,000,000 Jan 2022 28,500 SF
1100 Fulton Market08, Chicago, IL 60607-1214 $41,750,000 Dec 2021 15,000 SF
1043 Randolph, Chicago, IL 60607 $1,802,000 Nov 2020 6,000 SF
218 Peoria, Chicago, IL 60607 $86,500,500 May 2020 27,200 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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