Trust Owned Property summary
This exceptional 7,409-square-foot commercial condominium offers a phenomenal opportunity in Chicago's desirable River North neighborhood. Located at 420 W Grand Ave #1A, this two-story, 1891-built property boasts a spacious and flexible layout, perfect for a variety of office uses. The main level features high ceilings, huge rooms, a massive kitchen with an island and large bar, and one half bathroom. Two full bathrooms are also included. A lower level provides additional space, including… a built-in desk area with granite countertops. Recent updates include a new furnace, air conditioning system, and hot water tank. The property offers convenient access via the building's entrance or a private entrance at 422 W Grand Ave. Its prime location places it near the East Bank Club, an array of shopping options, and numerous restaurants. The property includes two parking spaces. Note that plumbing repairs are needed, and water service is currently off. The property is being sold as-is, and a survey is not provided by the seller. The Cook County Assessor's website lists this property as a commercial condominium
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 86,000 SF
- Lot area
- 0.65 ac
- Year built
- 1891
- Stories
- 5
- APN
- 17-09-129-017-1001
- Assessed value · 2022
- $258,351
- Annual tax · 2022
- $53,138
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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