Property profile

900 Michigan Ave Chicago, IL 60611

OFF-MARKET
Motels
Property ID
US28-2744678
2.05 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1986
Lot 2.05 ac (89,298 SF)
APN 17-03-211-034
UPID US28-2744678

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
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Kitchen & Bath Showroom Furniture & Home Goods
  • (Bike/Boat/Book/etc) Store

Location

900 Michigan Ave Chicago, IL 60611-1542
Chicago metro Census 81201 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k

Owner & transaction history

since 2023
2 recorded transactions
2023
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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