Property profile

71 Wacker Dr Chicago, IL 60601

OFF-MARKET
Motels
Property ID
US28-4805648
13,100 SF 0.08 ac lot Built 1960
Trust Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1960
Total area 13,100 SF
Lot 0.08 ac (3,400 SF)
APN 17-10-300-006
UPID US28-4805648

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Law Firm

Location

71 Wacker Dr Chicago, IL 60601-3755
Chicago metro Census 320102 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
$1.52M
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.73M

Owner & transaction history

since 2012
5 recorded transactions
2012
$790,000
2010
Price N/A
2005
$61.4M
1969
Price N/A
1969
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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