Commercial property report

1206 Chestnut St

4 stories13,056 sqftCMX5built 1950

Property at a glanceBank

Individual owner on record

2026 assessment
$3.1M OPA value, not a listing price
2027 published assessment
$3.1M Future roll, not the current tax bill
Neighborhood area
Washington Square West · Chinatown Approximate · based on ZIP 19107
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $3,107,300. It is not yet the billed-year tax basis.

$0$2.5M$5.0M$3.1M200720112015201920232027
Property assessmentAssessmentDeed / saleL&I violationAppealPermitInspectionLicense

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 record35 events · exact dates, newest first
  1. PermitAddition and/or Alteration
  2. PermitShelter/Platform
  3. AppealBBS Permit Denial
  4. PermitChange of Use
  5. PermitAddition and/or Alteration
  6. PermitInterior Non-Load-Bearing Wall Demo.
  7. PermitChange of Use
  8. Deed / saleDeed / sale $2.8M
  9. InspectionPRECOURT (likely: pre-court compliance inspection)
  10. InspectionPRECOURT (likely: pre-court compliance inspection)
  11. PermitSuppression
  12. InspectionCI INSP
  13. InspectionCI INSP
  14. L&I violationVIOL C&I MESSAGE
  15. L&I violationFIRE DEPT CONNECT REP DAM CAPS
  16. InspectionCI INSP
  17. InspectionCI INSP
  18. L&I violationEXT ADDRESS NUMBERS
  19. InspectionCI INSP
  20. InspectionCSUINITIAL
  21. L&I violationROOF DETERIORATED
  22. InspectionCSUINITIAL
  23. LicensePHILADELPHIA FEDERAL CREDIT UNION: Dumpster License - Private Property L&I license filing marked inactive
  24. LicensePHILADELPHIA FEDERAL CREDIT UNION: Dumpster License - Private Property L&I license filing initially issued
  25. InspectionPRECOURT (likely: pre-court compliance inspection)
  26. InspectionPRECOURT (likely: pre-court compliance inspection)
  27. InspectionPRECOURT (likely: pre-court compliance inspection)
  28. InspectionPRECOURT (likely: pre-court compliance inspection)
  29. InspectionPRECOURT (likely: pre-court compliance inspection)
  30. InspectionCI INSP
  31. InspectionCI INSP
  32. InspectionCI INSP
  33. L&I violationFIRE CONNECT SIGN-EXIST BLDG
  34. L&I violationVIOL C&I MESSAGE
  35. InspectionCI INSP

Verify the public record

$0/year estimated property tax

2026 taxable assessment $0 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $3,107,300. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 882963525
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationFull assessment exemption shown

2026 OPA shows a zero or de minimis taxable assessment. The open assessment split does not establish the exemption's legal basis, continuing eligibility, or treatment after a transfer.

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.”

Property report

Commercial property

Bank, recorded in the City's commercial category. The public record and owner trail follow.

What it is
Bank Bank/Off 4 Sty Masonry
Owner
Individual owner on record Individual name redacted
$ / sq ft
$238 above the $151 median for 7,668 commercial parcels citywide
Corridor
Market East city commercial corridor
Interior area
13,056 sqft
Lot size
3,456 sqft
Stories
4
Built
1950
Zoning
CMX5

Block context

1200 block of Chestnut St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1204 Chestnut St  ·  1208 Chestnut St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 35 dated rows
  1. PermitAddition and/or Alteration

    Permit CP-2025-006450 · Issued

    LEVEL III ALTERATIONS WITH CHANGE OF OCCUPANCY TO CREATE A COMMUNITY CENTER & PUBLIC ENTERTAINMENT CENTER ON THE FIRST THROUGH THIRD FLOORS OF AN EXISTING BUILDING AS PER APPROVED PLANS AND BBS VARIANCE NO. MI-2025-007842. BUILDING TO BE FULLY SPRINKLERED PER NFPA 13. *2018 IEBC REVIEW* **SEPARATE PERMITS REQUIRED FOR MEP & FIRE SUPPRESSION WORK**

  2. PermitShelter/Platform

    Permit GP-2026-000579 · Issued

    SHELTER PLATFORM PERMIT- Erection of sidewalk shelter platform 26 l.f. on Chestnut St. with the deck at 300 P.S.I. each as per Engineered Plans. Streets Department permit is required for sidewalk closure prior to the start work. *SR-2026-032385*

  3. AppealBBS Permit Denial

    Appeal PA-2025-008486 · Completed · Approved

    For preliminary review of Level III Alterations with a Partial Change of Occupancy Classification from Group B to Groups A-3/B throughout an existing four (4) story attached structure.

  4. PermitChange of Use

    Permit ZP-2025-006520 · Issued

    Assembly and Entertainment - Nightclubs and Public Entertainment Venues; Public, Civic, and Institutional - Community Center

  5. PermitAddition and/or Alteration

    Permit EP-2025-000757 · Completed

    Temporary construction panel 200A 240V Temporary construction string lights (4) Temporary GFCI outlets for construction GM-2025-000435- Parent Permit

  6. PermitInterior Non-Load-Bearing Wall Demo.

    Permit GM-2025-000435 · Expired

    EZ INTERIOR DEMOLITION- For the interior demolition of non-bearing partition wall and ceilings as per attached standard. Deviations from these standards require submission of construction and site plans. AN ASBESTOS ABATEMENT SHALL BE PERFORMED PRIOR TO THE START OF WORK. A COPY OF THE ASBESTOS REPORT SHALL BE PROVIDED TO DISTRICT FIELD INSPECTOR UPON HIS/HER REQUEST.

  7. PermitChange of Use

    Permit ZP-2024-005988 · Issued

    Public, Civic, and Institutional - Community Center

  8. Recorded transfer$2.8M transfer

    2024

  9. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 425049 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  10. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 425049 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  11. PermitSuppression

    Permit 563370 · COMPLETED

    FOR THE INSTALLATION OF A 4-IN DIAMETER BACKFLOW PREVENTER IN AN EXISTING FIRE SUPPRESSION SYSTEM SERVING THE BASEMENT ONLY, IN COMPLIANCE WITH NFPA 2007, STANDARD 13.

  12. InvestigationCI INSP

    Case 425049 · CLOSED

    City marked the record closed; open the case for the closing reason.

  13. InvestigationCI INSP

    Case 425049 · FAILED

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

  14. ViolationVIOL C&I MESSAGE

    Case 425049 · Violation 3415928 · Code A-000.0/10 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  15. ViolationFIRE DEPT CONNECT REP DAM CAPS

    Case 425049 · Violation 3415929 · Code FC-901.6/12 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. InvestigationCI INSP

    Case 425049 · FAILED

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

  17. InvestigationCI INSP

    Case 405910 · PASSED

    The cited inspection visit was marked passed.

  18. ViolationEXT ADDRESS NUMBERS

    Case 405910 · Violation 2961231 · Code FC-505.1/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. InvestigationCI INSP

    Case 405910 · FAILED

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

  20. InvestigationCSUINITIAL

    Case 369954 · PASSED

    The cited inspection visit was marked passed.

  21. ViolationROOF DETERIORATED

    Case 369954 · Violation 2720357 · Code PM-307.1/2 · ERROR

  22. InvestigationCSUINITIAL

    Case 369954 · FAILED

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

  23. License terminal eventPHILADELPHIA FEDERAL CREDIT UNION: Dumpster License - Private Property L&I license filing marked inactive

    License 538731 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  24. License issue eventPHILADELPHIA FEDERAL CREDIT UNION: Dumpster License - Private Property L&I license filing initially issued

    License 538731 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  25. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 103033 · PASSED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked passed.

  26. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 103033 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  27. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 103033 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  28. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 103033 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  29. InvestigationPRECOURT (likely: pre-court compliance inspection)

    Case 103033 · FAILED

    A follow-up before or during enforcement escalation; confirm the case sequence in the City file. The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  30. InvestigationCI INSP

    Case 103033 · CLOSED

    City marked the record closed; open the case for the closing reason.

  31. InvestigationCI INSP

    Case 103033 · FAILED

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

  32. InvestigationCI INSP

    Case 103033 · FAILED

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

  33. ViolationFIRE CONNECT SIGN-EXIST BLDG

    Case 103033 · Violation 1272480 · Code FC-912.2/1 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  34. ViolationVIOL C&I MESSAGE

    Case 103033 · Violation 1272479 · Code A-000.0/10 · COMPLIED

    City marked this violation complied with; check the resolution date and live case for what was accepted.

  35. InvestigationCI INSP

    Case 103033 · FAILED

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

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 2:54 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)