Financial
Distress signals
Property profile

9226 S Commercial Ave Chicago, IL 60617

FOR LEASE
Other commercial real estate
Property ID
US28-2738412
6,100 SF 0.08 ac lot Built 1888
Last sale Feb 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An approximately 8,800-square-foot office building constructed in 2004, configured with a mix of private enclosed offices and open work areas. The interior layout includes a substantial conference room with floor-to-ceiling windows, a side food service area, a large break room, and two in-office bathrooms. Numerous windows throughout the space provide natural light. The building supports separation by floor for independent occupancy, and the property includes a varied combination of enclosed

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?
$2k
Tax billed · 2022
Assessed value$7k
Assessed land$5k
Assessed improvement$2k
Effective rate27.81%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$342/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$34 – $714
Qualifying comparables9

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency51.0
Building Supply35.5
Law Firm30.2

Location

9226 S Commercial Ave Chicago, IL 60617
County assessor Recorded deeds · 2 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9229 Commercial, Chicago, IL 60617 $1,100,000 May 2025 2,300 SF
9239 Commercial, Chicago, IL 60617 $1,100,000 May 2025 1,700 SF
9518 Torrence, Chicago, IL 60617 $3,050,000 Dec 2024 3,000 SF
9520 Torrence, Chicago, IL 60617-4968 $3,050,000 Dec 2024 1,902 SF
8537 Commercial, Chicago, IL 60617 $1,100,000 Sep 2024 19,700 SF
10556 Indianapolis, Chicago, IL 60617-6355 $375,000 Mar 2024 3,500 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?”
More about this property
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