Property profile

623 Harrison St Chicago, IL 60607

OFF-MARKET
Motels
Property ID
US28-0152668
64,300 SF 1.65 ac lot Built 1988
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1988
Total area 64,300 SF
Lot 1.65 ac (71,874 SF)
APN 17-17-300-051
UPID US28-0152668

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

623 Harrison St Chicago, IL 60607
Chicago metro Census 832900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.45M
Comparable Approach Comparable
$7.76M
Blend (final) Blend
$7.72M

Owner & transaction history

since 2019
7 recorded transactions
2025
Price N/A
2022
Price N/A
2019
$7.2M
2019
Price N/A
2005
$18.2M
2003
Price N/A
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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