Entity Owned Property summary
This exceptional 4,100-square-foot medical office building, located at 840 N Western Ave Unit C in Chicago's vibrant Ukrainian Village neighborhood, presents a compelling investment opportunity. Built in 2008, this single-tenant property boasts a prime location at the corner of Western Avenue and Rice Street, offering excellent visibility and accessibility. The building features a modern design, including a striking curved glass corner, ideal for a large treatment or surgical room. The… interior comprises 15 rooms (three with sinks), a surgical room, nurses' station, three window line offices, ten treatment rooms, a kitchen area, three restrooms, three storage rooms, and multiple closets. The efficient layout is perfectly suited for medical practices. The property includes two surface parking spaces. Currently operating under a net lease with a single tenant, the lease expires March 30, 2025, and includes four five-year renewal options. The property generates a strong net operating income (NOI) of $113,121, resulting in an attractive 7.00% cap rate. The asking price is $1,200,000. The property sits on an 11,664-square-foot lot and is zoned C1-2. Western Avenue experiences a high volume of vehicular traffic (19,739 vehicles per day). The surrounding area boasts strong demographics, with a high household income ($120,196) and a significant population (191,491) within the 35-44 age demographic. This is a rare opportunity to acquire a well-located, high-performing medical office building with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- APN
- 16-01-430-011
- Assessed value · 2022
- $95,063
- Annual tax · 2022
- $19,553
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 any signals we can model, to 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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