The Block Report

Commercial property report

1441 Chestnut St

51 stories · 780,000 sqft · CMX5 · built 2016

Hotel · 755 units · Chestlen Development LP · assessed $156M (2026) · 2027 OPA assessment $148M. On the 1400 block of Chestnut St.

Property summary

Assessment$156,483,8002026 OPA assessment · 2027: $147,675,800 Last sale$12MRecorded 2010 Est. tax bill$219,046/year2026 taxable assessment · full-value scenario $2,190,460/year · basis and term unverified Tax delinquency—Snapshot unavailable Permits8Dated events in report Violations27 openNo historical match in fetched records

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

Ask the questions this record raises.

Every choice opens the research chat with this property already in context. Curated questions are free.

Opens the research chat · 3 custom questions per browser
Question or correct this record

BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:

Street view of 1441 Chestnut St
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$219,046/year

2026 taxable assessment $15,648,380 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $147,675,800; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 883723000
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $15,648,380 of $156,483,800 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$2,190,460/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record

The property record, over time

Every dated deed, permit, inspection, license, violation, certification, and appeal is placed on the City’s annual assessment line. Select a point to read what happened; the line is an assessment history—not a sale-price chart or appraisal. OPA has also published a 2027 assessment of $147,675,800; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$100M$200M2017 OPA assessment: $6.7M2018 OPA assessment: $52M2019 OPA assessment: $52M2020 OPA assessment: $133M2021 OPA assessment: $133M2022 OPA assessment: $158M2023 OPA assessment: $158M2024 OPA assessment: $158M2025 OPA assessment: $156M2026 OPA assessment: $156M2027 OPA assessment: $148M2014 — 2014-12-26: Building standards appeal2016 — 2016-10-20: Building standards appeal2017 — 2017-09-20: Zoning board appeal2024 — 2024-08-27: ZBA Permit Denial - Special Exception$148M201420172020202320262027
This propertyAppeal
2024-08-27: ZBA Permit Denial - Special Exception
Every dated record4 events · scroll to browse
  1. AppealZBA Permit Denial - Special Exception
  2. AppealZoning board appeal
  3. AppealBuilding standards appeal
  4. AppealBuilding standards appeal
Commercial propertyProperty report

This is a hotel, recorded under the city's hotel category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.

27 open violations

What it is
Hotel
Hotel 20+ Sty Masonry+Oth
Owner
Chestlen Development LP
OPA tax treatment
Assessed $156M
Taxable assessment on the roll
$ / sq ft
$189
above the $172 median for 106 hotel parcels citywide
Corridor
Market West
city commercial corridor
Licensed units
755
active rental license
Assessed value
$156,483,800
2026 OPA · 2027: $147,675,800
Interior area
780,000 sqft
Lot size
22,410 sqft
Stories
51
Built
2016
Zoning
CMX5

Browse the source ledger

The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.

Open the City record ↗
Browse 4 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. AppealZBA Permit Denial - Special Exception

    Appeal ZP-2024-003016 · Completed · Granted

    Special Exception for the proposed use, Take-Out Restaurant, in the first floor commercial unit of an existing structure.

  2. AppealZoning board appeal

    Appeal 31344 · OPEN · Granted with conditions

    PERMIT FOR THE ERECTION OF FOUR (4) ACCESSORY INTERNALLY STATIC ILLUMINATED FLAT WALL SIGNS (SIGNS C, B, S, R) AND ONE (1) ACCESSORY INTERNALLY STATIC ILLUMINATED PROJECTING SIGN (SIGN K) AND REPLACEMENT OF ONE (1) EXISTING ACCESSORY INTERN

  3. AppealBuilding standards appeal

    Appeal 29066 · CLOSED · APPROVED

    ON 10/05/2016, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #668730.

  4. AppealBuilding standards appeal

    Appeal 23979 · OPEN · APPROVED

    ON 9/29/2014, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #515555.

What this record suggests

27 violations are still marked open in the assembled record. The date and status belong in a current L&I check before relying on them.

Who's behind it

Chestlen Development LP · corporate / LLC owner

• Tax bills mail to 100 Front St, Conshohocken PA, 19428 — outside Philadelphia
• Holds an active rental license for this address

PA corporate registry ↗OpenCorporates ↗City record ↗

Block context

1441 Chestnut St sits on the 1400 block of Chestnut St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1424-26 Chestnut St  ·  1420-22 Chestnut St

Where this comes from
Methodology & freshness

This report was assembled Jul 9, 2026, 4:46 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)