Property profile

9231 Commercial Ave Chicago, IL 60617

OFF-MARKET
Banks
Property ID
US28-1794894
2,400 SF 0.08 ac lot Built 1953
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1953
Total area 2,400 SF
Lot 0.08 ac (3,500 SF)
APN 26-06-410-007
UPID US28-1794894

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9231 Commercial Ave Chicago, IL 60617
Chicago metro Census 461000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.13M

Owner & transaction history

since 2025
Last sale
$1.1M
7 recorded transactions
2025
$1.1M
2018
Price N/A
2016
Price N/A
2011
$4.5M
2009
Price N/A
2002
$400,000
2000
$157,500

Zoning & alternative use

Top alternative use upside
Commercial (general) $820,000 +13.8%

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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