Financial
Distress signals
Property profile

637 S Clark St Chicago, IL 60605

FOR SALE
Retail space
Property ID
US28-2558462
21,400 SF 0.07 ac lot Built 1994
Last sale Jul 2015 · $13,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
637 S Clark St, Chicago, IL 60605 For Sale
Contact for pricing 21,400 SF
637 S Clark St, Chicago, IL 60605
View Listing

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?
$89k
Tax billed · 2022
Assessed value$434k
Assessed land$160k
Assessed improvement$274k
Effective rate20.57%

Value estimate

· Sep 2026
$720k
$648k – $792k
AI approach$720k
Sales comparison$706k
NOI build-up
Gross scheduled income$514k
Vacancy & credit loss−$51k
Operating expenses−$173k
NOI · 5.61% cap applied$289k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
Submarket average, outlier-cleaned · 2181 recorded sales of this use type
Observed band · Q1–Q3$69 – $260
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.61%
$289k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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
Laundromat16.5
Pet Grooming Service7.5
Chinese Restaurant7.5

Location

637 S Clark St Chicago, IL 60605
County assessor Recorded deeds · 4 transfers 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Kinzie, Chicago, IL 60654 $5,500,000 Feb 2026 28,100 SF
440 Ontario, Chicago, IL 60654-5714 $3,610,000 Dec 2025 23,200 SF
512 State, Chicago, IL 60654 $133,500 May 2025 20,000 SF
210 Chicago, Chicago, IL 60654-3107 $2,700,000 Apr 2024 21,800 SF
668 Wls, Chicago, IL 60654-3717 $15,400,000 Jan 2023 14,600 SF
664 78th N Wls, Chicago, IL 60654 $15,400,000 Jan 2023 14,600 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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