Property profile & analytics
500 Michigan Ave Chicago, IL 60605-1602
- Motels
- 518,500 SF
- 0.65 lot acres
OFF-MARKET
Value Estimations
$1,505,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-0992230
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Demo Chicago Demolition Contractors / Demolition Contractor
- Clean Oil Technology / Oil Change Service
- RentBacker, Inc. / Apartment Rental Agency
- Chick-fil-A / Fast Food Restaurant / Breakfast Restaurant
- CloudMasonry - Salesforce Consulting Services / Computer Consultant / Consultant
Property Details for 500 Michigan Ave
- Year built
- 1900
- Lot size
- 0.65 lot acres
- Property size
- 518,500 SF
- Property type
- Motels
- APN
- 17-15-111-009
- APU
- 1715111009
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,505,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6247
- Latitude
- 41.8756
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$771,400
$1,939,850
$1,810,593
$3,750,443
-
$7,759,400
$7,242,372
$15,001,772
