Financial
Distress signals
Property profile

549 West Randolph St Chicago, IL 60661

FOR LEASE
Office buildings
Property ID
US28-2566434
98,400 SF 0.44 ac lot Built 1920
Last sale Dec 2025 · $13,310,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This loft building is located in Chicago’s West Loop area and includes a renovated lobby. The building has a lobby guard and is configured for occupancy as an owner-occupied property.

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?
$1.45M
Tax billed · 2022
Assessed value$7.01M
Assessed land$580k
Assessed improvement$6.43M
Effective rate20.64%

Value estimate

· Sep 2026
$15.61M
$14.05M – $17.17M

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat11.0
Buffet6.9
Assisted Living Facility6.6

Location

549 West Randolph St Chicago, IL 60661
County assessor Recorded deeds · 9 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
600 Adams, Chicago, IL 60661-3604 $18,000,000 Feb 2025 79,800 SF
208 Jefferson, Chicago, IL 60661-5600 $1,350,000 May 2023 37,800 SF
600 Jackson, Chicago, IL 60661-5636 $10,775,000 Oct 2022 133,100 SF
564 Randolph, Chicago, IL 60661-2218 $20,800,000 Mar 2022 100,000 SF
641 Lk, Chicago, IL 60661-1007 $32,350,000 Aug 2019 94,100 SF
653 Lk, Chicago, IL 60661 $32,350,000 Aug 2019 94,100 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?”
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