2026 taxable assessment $5,600,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $5,600,000; it is not the 2026 billed-year value.
Commercial property report
6 stories · 39,276 sqft · CMX5 · built 1925
Offices · 700 Chestnut Street Assoc · assessed $5.6M (2026) · 2027 OPA assessment $5.6M. On the 700 block of Chestnut St.

Open the research chat with this property already in context. Curated questions are free.
“Open” reflects records available then historical records keep their source dates estimates are labeled
BlockReport can explain a discrepancy, but it cannot rewrite an official City record. Use the agency that owns the underlying fact:
Property tax
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.
2026 taxable assessment $5,600,000 × 1.3998%. Estimate—not a bill or account balance.
OPA also publishes a 2027 assessment of $5,600,000; it is not the 2026 billed-year value.
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 8833045002026 taxable assessment equals the full assessed value.
This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.
For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”
new construction appears in a 2008 permit.
View supporting records →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 $5,600,000; it is not yet the billed-year tax basis.
Assessment history · all dated City records marked on the line
Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.
This is a offices, recorded under the city's offices category. The homeowner tools (rent estimate, homestead playbook) don't apply, so they're hidden. The full record and owner trail are below.
Records behind the chart
The chart above is the primary timeline. This drawer preserves every underlying dated row and its filed status for source-level review.
Certification BC-2024-009594 · Certified
Expires 2024-11-01
Appeal HA-2022-004672 · Closed · Withdrawn
See Attached
Case CF-2022-077857 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case CF-2022-112299 · PASSED
The cited inspection visit was marked passed.
Certification BC-2023-001503 · Safe with Repair
Expires 2028-01-23
Certification BC-2022-018731 · Certified
Expires 2023-11-10
Case CF-2022-112299 · Violation VI-2022-083614 · Code PM15-315.2 · COMPLIED
Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.
Case CF-2022-112299 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case CF-2022-077857 · Violation VI-2022-056899 · Code F-105.9.1 · OPEN
Case CF-2022-077857 · Violation VI-2022-056898 · Code F-1103.5.8 · OPEN
Case CF-2022-077857 · Violation VI-2022-056895 · Code F-901.6 · OPEN
Case CF-2022-077857 · Violation VI-2022-056893 · Code F-901.6.4.2 · OPEN
Case CF-2022-077857 · Violation VI-2022-056892 · Code F-901.6.4 · COMPLIED
Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.
Permit ZP-2022-002386 · Issued
FOR THE DEMOLITION OF EXISTING STRUCTURE ON LOT (704 CHESTNUT STREET) AND PARTIAL DEMOLITION OF EXISTING STRUCTURE (700-02 CHESTNUT ST); FOR THE ERECTION OF AN ATTACHED STRUCTURE (704 CHESTNUT ST); FOR THE ERECTION OF EIGHT (8) STORY ADDITION ON THE TOP OF EXISTING SIX (6) STORY STRUCTURE (700-02 CHESTNUT ST) WITH MECHANICAL AND ELEVATOR AND THIRTEEN (13) 1A CLASS BICYCLE SPACES (704 CHESTNUT ST AND 700-02 CHESTNUT ST BOTH BINDS WITH UNITY OF USE). Amendment #1: Amend to increase the proposed height from 157’-3” to 168’-5” and from 13 stories to 14 stories. To reduce GFA from 120,767 sf to 117,898 sf. To revise sky plane analysis showing decreased impact on bulk and massing percentages. To revise plans and elevations showing more extensive setbacks.
License 848774 · Inactive
700 CHESTNUT RESTAURANT LP · Expires 2022-12-31 · Inactive 2023-03-01
Permit 1035006 · Expired
INSTALL (2) IDENTICAL ILLUMINATED FACADE SIGNS ON CHESTNUT ST & S. 7TH STREET @ 9.9 SF EACH
Permit 1035007 · COMPLETED
INSTALL (2)ILLUMINATED FACADE WALL SIGNS ACCESSORY TO A SIT DOWN RESTAURANT ON CHESTNUT ST & S. 7TH STREET @ 9.9 SF EACH
Permit 889936 · COMPLETED
REPLACE HOUSE TRAP AND FAI SANITARY PA20181790812(MIXED USE)"SELF-CERTIFICATION'S ARE NO LONGER PERMITTED" - "ALL EXCAVATIONS AND PLUMBING TRENCHES IN EXCESS OF 5 FEET IN DEPTH MUST HAVE APPROVED SHORING IN PLACE AT THE TIME OF INSPECTION"
Certification BC-2022-003514 · Safe with Repair
Expires 2022-06-01
License 574710 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2018-03-31 · Inactive 2018-05-30
License 520483 · Inactive
700 CHESTNUT STREET ASSOCIATES LP · Expires 2012-03-31
License 499595 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2022-03-31 · Inactive 2022-05-30
Case 145883 · PASSED
The cited inspection visit was marked passed.
Case 145883 · FAILED
The cited inspection visit was marked failed; later rows may show follow-up or resolution.
License 462692 · Active
NITA PATEL (SHREE RAM NEWS STAND) · Expires 2027-03-31
Permit 188828 · COMPLETED
Case 145883 · Violation 1421208 · Code FC-507.2/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 145883 · Violation 1421209 · Code FC-504.2/2 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 145883 · Violation 1421207 · Code A-000.0/10 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 145883 · Violation 1421210 · Code FC-504.2/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 75894 · PASSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.
Case 110251 · PASSED
Legacy inspection shorthand; verify whether a cease-operations order existed and its current status. The cited inspection visit was marked passed.
Case 110251 · Violation 554277 · Code 19-2602.4/1 · COMPLIED
City marked this violation complied with; check the resolution date and live case for what was accepted.
Case 110251 · CLOSED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. City marked the record closed; open the case for the closing reason.
Case 110251 · FAILED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
Case 75894 · FAILED
Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.
License 318793 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2021-06-30 · Inactive 2021-08-29
License 295368 · Inactive
TUSHAR R AMIN · Expires 2009-06-30
License 210032 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2005-06-30
License 297911 · Inactive
700 CHESTNUT ST ASSOC INC · Expires 2007-03-31 · Inactive 2007-04-25
License 297781 · Inactive
700 CHESTNUT RESTAURANT LP · Expires 2011-03-31 · Inactive 2010-07-26
License 297780 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2011-03-31 · Inactive 2010-07-26
License 297779 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2011-03-31 · Inactive 2010-07-26
License 209243 · Inactive
700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2022-04-30 · Inactive 2022-06-29
License 199467 · Inactive
DOLLAR TREE STORES INC · Expires 2002-04-30
What this record suggests
The City file documents 5 permits touching plumbing. 4 carries a completed, issued, or approved status; that documents the filing, not the present quality of the work.
700 Chestnut Street Assoc · corporate / LLC owner
• Owns 2 properties across Philadelphia under this name, assessed at $6.7M combined
• Tax bills mail to 107 S 8th St, Philadelphia PA, 19106
700-02 Chestnut St sits on the 700 block of Chestnut St. Open the block report to compare its parcels, ownership and public-record history.
See the whole block →Next door: 704 Chestnut St · 706 Chestnut St
This report was assembled Jul 11, 2026, 2:52 AM 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. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “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)