Entity Owned Property summary
This exceptional mixed-use property at 63 E 43rd St, Chicago, IL 60653, offers a compelling investment opportunity. The 16,100 square foot building, constructed in 1909 and extensively renovated between 2020 and 2022, boasts a diverse tenant mix across nine units. Anchored by Alice's Bar B Q and X-Wings, the property also includes a barber salon, beauty salon, sweet shop, and event space. A 1,200 square foot, two-bedroom apartment occupies the southeast corner. Recent capital improvements… include a new furnace, central air conditioning, updated bathrooms, plumbing, electrical systems, and tuckpointing. The property features a 100% occupancy rate, generating a current NOI of $61,326 and a pro-forma NOI of $80,523, representing a 6.16% cap rate and a pro-forma cap rate of 8.09%, respectively. The asking price is $995,000, with a price per square foot of $61.80 and a price per unit of $110,555.56. Located in a high-traffic business corridor, two blocks from the CTA 43rd Street Green Line and near new residential developments and the Chicago Urban League headquarters, this B-class, net-lease property presents significant upside potential. The property is zoned B3-3 and sits on a 16,100 square foot lot. Leases are currently for one year, with rent bumps planned to bring them to market rate. The net rentable square footage is 4,660 square feet. The building is two stories and consists of one building. All tenants are credit-rated.
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 8 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 · 16 properties nearbyComparable nearby
Similar in This City 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
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.
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- Location Insight
- Alternative use
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