Public Records
Edition
Philadelphia1400 block of Chestnut StRecords pulled July 9, 2026

House report

1441 Chestnut St

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

Investor / LLC · assessed $148M. On the 1400 block of Chestnut St.

Street view of 1441 Chestnut St
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The tax bill is temporary

Today's $206,715/yr reflects a 10-year abatement. It jumps to about $2,067,166/yr in 2032 — $1,860,451/yr more. Price the full bill, not the current one.

If you own it

27 open violations: the clock matters

L&I appeals must be filed within 30 days — just 6 days if a property is designated UNSAFE or IMMINENTLY DANGEROUS. Left unresolved, the city can do the work itself, bill the owner (routinely $50,000+ on a rowhouse), lien the property, and add court fines of $300+/day.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Chestlen Development LP · corporate / LLC owner

• Holds an active rental license for this address

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$148M
built 2016
Price / sq ft
$189
block $125 · above block
Appreciation
+2097%
+36%/yr, city 6.5%
In 5 years (~2031)
~$150M
+36%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$207K
0.14% effective, abated
Gross yield
Times sold
0
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$100M$200M2022: 5 L&I violations2023: 8 L&I violations2024: Change of Use 2024: Appeal granted 2024: Alterations 2024: Addition and/or Alteration2025: Alterations 2025: Addition and/or Alteration 2025: Addition and/or Alterations 2025: Addition and/or Alterations 2025: Addition and/or Alterations2026: 32 L&I violations$148M201620222027
This houseBlock median & rangeL&I violationZoningPermit
The paper trail

built new under a 2024 permit (tax-abated).

  1. 2022 5 L&I violationsL&I
  2. 2023 8 L&I violationsL&I
  3. 2024 Change of UsePermitAppeal grantedZoningAlterationsPermitAddition and/or AlterationPermit
  4. 2025 AlterationsPermitAddition and/or AlterationPermitAddition and/or AlterationsPermitAddition and/or AlterationsPermitAddition and/or AlterationsPermit
  5. 2026 32 L&I violationsL&I

Flags: tax-abated — the bill lags real value · active rental license · 27 open L&I violations · 4 zoning/board appeals on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house pays about $206,715/yr under a 10-year tax abatement. In 2032 the bill reaches its full ~$2,067,166/yr — a step up of $1,860,451/yr, 5 assessment years out. Drag the slider.

2017: ~$94,079/yr2018: ~$727,350/yr2019: ~$727,350/yr2020: ~$1,863,839/yr2021: ~$1,863,839/yr2022: ~$221,797/yr2023: ~$221,797/yr2024: ~$221,797/yr2025: ~$219,046/yr2026: ~$219,046/yr2027: ~$206,715/yr2028: ~$206,715/yr (projected)2029: ~$206,715/yr (projected)2030: ~$206,715/yr (projected)2031: ~$206,715/yr (projected)2032: ~$2,067,166/yr (projected)2033: ~$2,067,166/yr (projected)201720322033
2027~$206,715/yrfrom the record

now: ($147,675,800 assessed − $132,908,333 abated) × 1.3998% ≈ $206,715/yr 2032: $147,675,800 assessed × 1.3998% ≈ $2,067,166/yr Flat 100% exemption (pre-2022 program, started 2022), then the cliff — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
51
Interior
780,000 sqft
livable area
Lot
22,410 sqft
Exterior condition
Above average
city code 3
Interior condition
Above average
city code 3
Quality grade
2
assessor's grade
Zoning
CMX5
city zoning code
Zoning appeals
4
granted 2024

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1441 Chestnut St takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$148M
20%
6.875%
$1.1M/mo

When this house last sold (2010) a 30-year mortgage ran about 4.69% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

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

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. Dossiers re-pull automatically — on view once they're a few weeks old, plus a nightly rolling sweep — and citywide benchmarks recompute weekly; the masthead date is when this page's records were last pulled. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

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