Commercial property report

700-02 Chestnut St

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.

Street view of 700-02 Chestnut St
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From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar
BlockReport AI · cited public records

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Property summary

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

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:

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$78,389/year

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.

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 883304500
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

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.”

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 $5,600,000; it is not yet the billed-year tax basis.

Assessment history · all dated City records marked on the line

$0$5.0M$10M$5.6M2001200620112016202120262027
Property assessmentAssessmentL&I violationAppealPermitInspectionLicenseCertification

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.

Highlight
Every dated record38 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. AppealLIRB Violation Appeal
  3. InspectionL&I investigation
  4. CertificationFacade Report
  5. InspectionL&I investigation
  6. CertificationFire Alarm Certification
  7. L&I violationFACADES
  8. L&I violationAUTOMATIC FIRE EXTINGUISHING SYSTEMS
  9. L&I violationBUILDINGS 45 FT OR MORE IN HEIGHT
  10. L&I violationINSPECTION, TESTING & MAINTENANCE
  11. L&I violationSUBMISSION OF CERTIFICATIONS
  12. L&I violationPERIODIC TESTING
  13. PermitNew construction, addition, GFA change
  14. LicenseSidewalk Cafe (Temporary)
  15. PermitSign
  16. PermitZoning/use
  17. PermitPlumbing
  18. CertificationFacade Report
  19. LicenseDumpster License - Public ROW
  20. LicenseDumpster License - Public ROW
  21. InspectionCI INSP
  22. LicenseVendor - Newsstand
  23. PermitPlumbing
  24. L&I violationFIRE-SHAFTWAY MARKINGS
  25. L&I violationEXT DOOR TO BE LABELED BLOCKED
  26. L&I violationVIOL C&I MESSAGE
  27. L&I violationEXT MAINTAIN DOOR/OPENING
  28. InspectionCI INSP
  29. InspectionBC INSP (likely: building-code inspection)
  30. InspectionCEASE INSP (likely: cease-operations compliance inspection)
  31. L&I violationCAL PROHIBITED CONDUCT
  32. InspectionBC INSP (likely: building-code inspection)
  33. LicenseSidewalk Cafe
  34. LicenseVendor - Newsstand
  35. LicenseSidewalk Cafe
  36. LicenseDumpster License - Public ROW
  37. LicenseFood Preparing and Serving (30+ SEATS)
  38. LicenseFood Establishment, Retail Permanent Location
Commercial propertyProperty report

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.

What it is
Offices
Off Bld Com No Gar Mason
Owner
700 Chestnut Street Assoc
OPA tax treatment
Assessed $5.6M
Taxable assessment on the roll
$ / sq ft
$143
at the $143 median for 882 offices parcels citywide
Corridor
Market East
city commercial corridor
Assessed value
$5,600,000
2026 OPA · 2027: $5,600,000
Interior area
39,276 sqft
Lot size
6,930 sqft
Stories
6
Built
1925
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 45 dated records deeds, permits, inspections, licenses, violations, certifications & appeals
  1. CertificationFire Alarm Certification

    Certification BC-2024-009594 · Certified

    Expires 2024-11-01

  2. AppealLIRB Violation Appeal

    Appeal HA-2022-004672 · Closed · Withdrawn

    See Attached

  3. InvestigationL&I investigation

    Case CF-2022-077857 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  4. InvestigationL&I investigation

    Case CF-2022-112299 · PASSED

    The cited inspection visit was marked passed.

  5. CertificationFacade Report

    Certification BC-2023-001503 · Safe with Repair

    Expires 2028-01-23

  6. CertificationFire Alarm Certification

    Certification BC-2022-018731 · Certified

    Expires 2023-11-10

  7. ViolationFACADES

    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.

  8. InvestigationL&I investigation

    Case CF-2022-112299 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  9. ViolationAUTOMATIC FIRE EXTINGUISHING SYSTEMS

    Case CF-2022-077857 · Violation VI-2022-056899 · Code F-105.9.1 · OPEN

  10. ViolationBUILDINGS 45 FT OR MORE IN HEIGHT

    Case CF-2022-077857 · Violation VI-2022-056898 · Code F-1103.5.8 · OPEN

  11. ViolationINSPECTION, TESTING & MAINTENANCE

    Case CF-2022-077857 · Violation VI-2022-056895 · Code F-901.6 · OPEN

  12. ViolationSUBMISSION OF CERTIFICATIONS

    Case CF-2022-077857 · Violation VI-2022-056893 · Code F-901.6.4.2 · OPEN

  13. ViolationPERIODIC TESTING

    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.

  14. PermitNew construction, addition, GFA change

    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.

  15. LicenseSidewalk Cafe (Temporary)

    License 848774 · Inactive

    700 CHESTNUT RESTAURANT LP · Expires 2022-12-31 · Inactive 2023-03-01

  16. PermitSign

    Permit 1035006 · Expired

    INSTALL (2) IDENTICAL ILLUMINATED FACADE SIGNS ON CHESTNUT ST & S. 7TH STREET @ 9.9 SF EACH

  17. PermitZoning/use

    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

  18. PermitPlumbing

    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"

  19. CertificationFacade Report

    Certification BC-2022-003514 · Safe with Repair

    Expires 2022-06-01

  20. LicenseDumpster License - Public ROW

    License 574710 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2018-03-31 · Inactive 2018-05-30

  21. LicenseDumpster License - Public ROW

    License 520483 · Inactive

    700 CHESTNUT STREET ASSOCIATES LP · Expires 2012-03-31

  22. LicenseDumpster License - Public ROW

    License 499595 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2022-03-31 · Inactive 2022-05-30

  23. InvestigationCI INSP

    Case 145883 · PASSED

    The cited inspection visit was marked passed.

  24. InvestigationCI INSP

    Case 145883 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  25. LicenseVendor - Newsstand

    License 462692 · Active

    NITA PATEL (SHREE RAM NEWS STAND) · Expires 2027-03-31

  26. PermitPlumbing

    Permit 188828 · COMPLETED

  27. ViolationFIRE-SHAFTWAY MARKINGS

    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.

  28. ViolationEXT DOOR TO BE LABELED BLOCKED

    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.

  29. ViolationVIOL C&I MESSAGE

    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.

  30. ViolationEXT MAINTAIN DOOR/OPENING

    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.

  31. InvestigationBC INSP (likely: building-code inspection)

    Case 75894 · PASSED

    Legacy inspection shorthand; confirm the inspection type and scope in the City case file. The cited inspection visit was marked passed.

  32. InvestigationCEASE INSP (likely: cease-operations compliance inspection)

    Case 110251 · PASSED

    Legacy inspection shorthand; verify whether a cease-operations order existed and its current status. The cited inspection visit was marked passed.

  33. ViolationCAL PROHIBITED CONDUCT

    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.

  34. InvestigationBC INSP (likely: building-code inspection)

    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.

  35. InvestigationBC INSP (likely: building-code inspection)

    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.

  36. InvestigationBC INSP (likely: building-code inspection)

    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.

  37. LicenseSidewalk Cafe

    License 318793 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2021-06-30 · Inactive 2021-08-29

  38. LicenseVendor - Newsstand

    License 295368 · Inactive

    TUSHAR R AMIN · Expires 2009-06-30

  39. LicenseSidewalk Cafe

    License 210032 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2005-06-30

  40. LicenseDumpster License - Public ROW

    License 297911 · Inactive

    700 CHESTNUT ST ASSOC INC · Expires 2007-03-31 · Inactive 2007-04-25

  41. LicenseDumpster License - Public ROW

    License 297781 · Inactive

    700 CHESTNUT RESTAURANT LP · Expires 2011-03-31 · Inactive 2010-07-26

  42. LicenseDumpster License - Public ROW

    License 297780 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2011-03-31 · Inactive 2010-07-26

  43. LicenseDumpster License - Public ROW

    License 297779 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2011-03-31 · Inactive 2010-07-26

  44. LicenseFood Preparing and Serving (30+ SEATS)

    License 209243 · Inactive

    700 CHESTNUT RESTAURANT LP (CHRISTINE PENROSE) · Expires 2022-04-30 · Inactive 2022-06-29

  45. LicenseFood Establishment, Retail Permanent Location

    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.

Who's behind it

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

Block context

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

Where this comes from

Methodology & freshness

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)