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    Property profile & analytics

    Chicago, IL 60616

    • Office buildings
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2821872
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details

    Property type
    Office buildings
    APN
    17-33-220-019
    APU
    1733220019

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6293
    Latitude
    41.8342
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $136,313
    $228,875
    $431,795
    $660,670
    -
    $915,500
    $1,727,180
    $2,642,680

    Comparable in this City

    • Value Estimation
      $15,815,000
      39,600 SF

      1921 Indiana Ave

      OFFICE BUILDING (MULTI-STORY) • 39,600 SF
      1921 Indiana Ave, Chicago, IL 60616-5819
      View Details
    • Value Estimation
      $15,705,000
      0.16 Acres

      1907 Indiana Ave

      OFFICE BUILDING (MULTI-STORY) • 0.16 Acres
      1907 Indiana Ave, Chicago, IL 60616
      View Details
    • Value Estimation
      $1,370,000
      39,000 SF

      1719 Clinton St

      OFFICE BUILDING (MULTI-STORY) • 39,000 SF
      1719 Clinton St, Chicago, IL 60616-5308
      View Details
    • Value Estimation
      $3,155,000
      93,600 SF

      2635 Wabash Ave

      OFFICE BUILDING (MULTI-STORY) • 93,600 SF
      2635 Wabash Ave, Chicago, IL 60616-2811
      View Details
    • Value Estimation by Request

      500 18th St

      OFFICE BUILDING (MULTI-STORY)
      500 18th St, Chicago, IL 60616-1254
      View Details
    • Value Estimation
      $1,655,000
      35,400 SF

      2600 Michigan Ave

      OFFICE BUILDING (MULTI-STORY) • 35,400 SF
      2600 Michigan Ave, Chicago, IL 60616-2857
      View Details

    Similar Nearby for Sale

    • $3,250,000
      32,000 SF

      Historic Motor Row Office Building

      Located in Chicago's Historic Motor Row District.
      2215 S Michigan Ave, Chicago, IL 60616
      View Details
    • $2,100,000
      8,000 SF

      Renovated Office Building For Sale

      8,000-SF renovated office building on 15,000-SF lot.
      2950 W 26Th St, Chicago, IL 60616
      View Details
    • $2,350,000
      29,500 SF

      Chicago Office Building For Sale

      29,500 SF office building in a Federal Opportunity Zone.
      17 E 23Rd St, Chicago, IL 60616
      View Details
    • Contact for pricing
      40,000 SF

      Chicago South Loop Mixed-Use Investment

      High-NOI, Multifamily & Retail Portfolio
      2001 State St, Chicago, IL 60616
      View Details
    • Contact for pricing
      33,500 SF

      Motor Row Redevelopment Opportunity

      33,500 SF Flex Space, Chicago
      2221 Michigan Ave, Chicago, IL 60616
      View Details
    • $1,750,000
      18,000 SF

      South Loop Investment Opportunity

      172 Units, 18,000 SF, High Potential
      1639 Indiana Ave, Chicago, IL 60616
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      34,505 SF

      Commercial Office/Warehouse Loft Space

      500,000 SF commercial building with amenities and parking options.
      329 W 18Th St, Chicago, IL 60616
      View Details
    • $13 SF/Yr
      39,900 SF

      Motor Row Office Building

      Exceptional 39,900 SF Mixed-Use Property
      2241 Wabash Ave, Chicago, IL 60616
      View Details
    • $12 SF/Yr
      6,015 SF

      Loft-Style Building Near McCormick Place

      Historical loft-style building near McCormick Place, Chinatown, and I-90/94/55.
      600 W Cermak Rd, Chicago, IL 60616
      View Details
    • $14 SF/Yr
      4,309 SF

      Office Space in Prairie District

      Office space for rent in a quiet residential neighborhood.
      1717-1737 S Indiana Ave, Chicago, IL 60616
      View Details
    • $18 SF/Yr
      32,500 SF

      South Loop Office Space for Lease

      Historic Motor Row Office Building, 3 Suites Available
      2229 Michigan Ave, Chicago, IL 60616
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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