New search
Property profile & analytics
FOR SALE
Office buildings
812 N Dearborn St, Chicago, IL 60610
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US28-1709126
For Sale
1 / 25
$3,950,000
812 N Dearborn St, Chicago, IL 60610
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1891
Lot
0.09 ac (3,750 SF)
APN
17-04-449-027
UPID
US28-1709126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grund & Leavitt Law Firm
-
Adams David C Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hal Series LLC 1117 · 19 yrs held
Hal Series LLC 1117
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chicago submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$78,412
Tax year 2022
Assessed value
$381,229
Assessed 2022
Previous assessed
$381,229
+0.0% YoY
Effective rate
20.57%
On assessed value
Assessed land
$187,500
Assessed improvement
$193,729
Land market value
$750,000
Improvement market value
$774,916
Total market value
$1,524,916
Applied tax rate
74,004.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1891
Heating
NONE
Stories
3
Lot
0.09 ac (3,750 SF)
APN
17-04-449-027
UPID
US28-1709126
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1891
Heating
NONE
Stories
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Hal Series LLC 1117
Entity
Mailing address
812 N DEARBORN ST, CHICAGO, IL 60610-3317
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2023
—
812 North Dearborn LLC
—
Deed
related
$3,564,640 · Libertyville Bank & Trust Co
Oct 19, 2020
—
812 North Dearborn LLC
—
Deed
related
$950,000 · Libertyville Bk
Jan 13, 2020
—
812 North Dearborn LLC
—
Deed
related
$1,250,000 · Libertyville Bk
Oct 9, 2019
—
812 North Dearborn Lcc
—
Deed
related
$1,500,000 · Libertyville Bk
May 10, 2019
—
North Dearborn LLC
—
Deed
related
$1,500,000 · Libertyville Bk
Apr 3, 2018
—
812 North Dearborn LLC
—
Deed Of Trust
related
$1,500,000 · Libertyville Bk
Apr 4, 2007
—
Hal Series LLC 1117
Trust Rv-912195
Grant Deed
related
—
Jul 26, 2001
—
812 North Dearborn LLC
—
Deed Of Trust
related
$1,375,000 · Northern Trust Co
Feb 25, 1998
$705,000
812 North Dearborn LLC
Chicago Trust Co Trustee
Grant Deed
$525,000 · Lasalle National Bank
—
—
812 N Dearborn LLC
—
Deed Of Trust
related
$100,000 · Private Bank & Trust Co
—
—
North Dearborn LLC
—
Loan Modification
related
$1,500,000 · Libertyville Bk
—
—
812 North Dearborn LLC
—
Deed Of Trust
related
$1,000,000 · Private Bank & Trust Co
—
—
812 North Dearborn LLC
—
Deed Of Trust
related
$3,270,000 · Northern Trust Co
—
—
812 North Dearborn Lcc
—
Loan Modification
related
$1,500,000 · Libertyville Bk
—
—
812 North Dearborn LLC
—
Loan Modification
related
$1,250,000 · Libertyville Bk
—
—
812 N Dearborn LLC
—
Deed Of Trust
related
—
—
—
812 North Dearborn LLC
—
Deed Of Trust
related
$4,030,000 · Libertyville Bk
—
—
812 North Dearborn LLC
—
Loan Modification
related
$950,000 · Libertyville Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
