Financial
Distress signals
Property profile

7409 W Irving Park Rd Chicago, IL 60634

FOR SALE
Retail space
Property ID
US28-2781938
1,000 SF 0.07 ac lot Built 1957
Last sale May 2003 · $250,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 7409 W Irving Park Road in Chicago, this mixed-use property has a solid brick exterior and a flexicore concrete ceiling, with an apartment situated above the commercial space. The building was constructed in 1957 and is zoned COMMR. The site includes rear off-street parking. The property is within less than one-half mile of Harlem Irving Plaza and is positioned near major expressways and Metra service; IDOT data from 2021 lists annual average daily traffic of 16,200.

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?
$20k
Tax billed · 2022
Assessed value$98k
Assessed land$14k
Assessed improvement$84k
Effective rate20.57%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$280k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 3.97% cap applied$15k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$74 – $175
Qualifying comparables15

Cap rate analysis

How does the asset earn?
3.97%
$15k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm33.0
Parking Facility15.3
Laundry Service12.5

Location

7409 W Irving Park Rd Chicago, IL 60634
County assessor Recorded deeds · 7 transfers 15 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5640 Irving Park, Chicago, IL 60634 $690,000 May 2025 1,600 SF
5729 Belmont, Chicago, IL 60634-5209 $270,000 Dec 2024 2,700 SF
6340 Irving Park, Chicago, IL 60634-2405 $230,000 Dec 2024 2,400 SF
7410 Belmont, Chicago, IL 60634-3432 $155,000 Nov 2024 900 SF
5711 Irving Park, Chicago, IL 60634-2608 $415,000 Sep 2024 2,100 SF
7423 Addison, Chicago, IL 60634-3419 $185,000 Jun 2024 1,200 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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