Financial
Distress signals
Property profile

4601 S Tripp Ave Chicago, IL 60632

FOR LEASE
Industrial properties
Property ID
US28-1623253
5,100 SF 0.74 ac lot Built 1987
Last sale Jul 2024 · $1,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 14,469-square-foot warehouse, located at 4601 S Tripp Ave in Chicago, IL, 60632, presents a significant opportunity for industrial businesses. The single-tenant property sits on a 0.74-acre lot and boasts a 20-foot ceiling height, providing ample vertical space for storage and operations. The building features eight convenient drive-in doors, facilitating efficient loading and unloading. Parking is abundant, with plentiful spaces available both within the building and on the

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?
$20k
Tax billed · 2022
Assessed value$99k
Assessed land$32k
Assessed improvement$67k
Effective rate20.57%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
ZIP average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$24 – $64
Qualifying comparables7

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency62.3
Building Supply36.4
Law Firm34.9

Location

4601 S Tripp Ave Chicago, IL 60632
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3113 37th, Chicago, IL 60632 $1,200,000 Jan 2025 11,800 SF
4235 42nd, Chicago, IL 60632-3921 $5,000,000 Nov 2024 44,600 SF
3350 48th, Chicago, IL 60632-3000 $750,000 Oct 2024 12,000 SF
5015 Homan, Chicago, IL 60632 $160,000 Oct 2024 2,100 SF
3337 48th, Chicago, IL 60632 $500,000 Sep 2024 11,100 SF
4784 Archer, Chicago, IL 60632-3653 $975,000 May 2024 10,000 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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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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