Chicago · Commercial sale
Commercial property at 530 W Chicago Ave in Chicago sells for $6 million
A commercial property at 530 W Chicago Ave, Chicago sold for $6,000,000 on June 30, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $6,000,000
- Sold
- June 30, 2026
- Property type
- Commercial property
- Lot size
- 22,063 sq ft
At $6,000,000, the sale was 84% above the $3,257,300 market value on record, according to the Cook County Assessor's sales records. The commercial property at 530 W Chicago Ave in Chicago sold on June 30, 2026.
The Assessor's records show a 0.51-acre lot. The deed conveys 2 parcels; 530 W Chicago Ave is the largest one identified.
What this sale costs to close
What does closing cost at this price? Under Cook County custom the seller's larger charges are $18,000 for the chicago transfer tax (CTA portion) and $13,475 for the owner's title insurance policy. The seller's estimated net is $5,895,693 before brokerage commissions and any loan payoff. A cash buyer would need about $5,984,025 at closing.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2618223156. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
