Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

8501 W Higgins Rd Chicago, IL 60631

FOR LEASE
Office buildings
Property ID
US28-5753253
161,300 SF 6.23 ac lot Built 1970
Last sale Jun 2015 · $23,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This office property contains 884 square feet of space and includes amenity areas on the lower level, including a cafeteria, bank, vending area, and lounge area. An on-site access bridge provides proximity to the Chicago Transit Authority (CTA) ‘L’ stop. The property is located at 8501 W Higgins Rd, Chicago, Illinois.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$859k
Tax billed · 2022
Assessed value$4.18M
Assessed land$1.49M
Assessed improvement$2.68M
Effective rate20.57%

Value estimate

· Oct 2026
$22.87M
$20.58M – $25.15M
Submarket $/SF estimate$27.84M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store11.6
Auto Parts Store11.3
Daycare Center11.3

Location

8501 W Higgins Rd Chicago, IL 60631
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8700 Bryn Mawr, Chicago, IL 60631-3512 $62,100,000 Oct 2024 403,200 SF
8550 Bryn Mawr, Chicago, IL 60631-3222 $29,000,000 Sep 2023 No data
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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again