Property report

1338-48 Chestnut St

14 stories225,740 sqftCMX5built 1898

Property at a glanceApartment building

Individual owner on record

2026 assessment
$52M OPA value, not a listing price
2027 published assessment
$53M 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 $53,180,900. It is not yet the billed-year tax basis.

$0$50M$100M$53M2015201720192021202320252027
Property assessmentAssessmentPermitLicense

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 record6 events · exact dates, newest first
  1. LicenseAVENUE OF THE ARTS OWNERS, LP: Rental landlord or residential registration marked inactive
  2. PermitUse
  3. LicenseAVENUE OF THE ARTS OWNERS, LP: Rental landlord or residential registration initially issued
  4. PermitAdministrative
  5. PermitElectrical
  6. PermitSuppression

Verify the public record

$302,562/year estimated property tax

2026 taxable assessment $21,614,637 × 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 $53,180,900. 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 881302200
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationPartial assessment exemption, basis unverified

2026 OPA taxes $21,614,637 of $52,272,400 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
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

Apartment building, recorded in the City's multi-family category. The public record and owner trail follow.

What it is
Apartment building Apts 100+ Units Masonry
Owner
Individual owner on record Individual name redacted
$ / sq ft
$236 assessed value ÷ interior sqft
Corridor
Market East city commercial corridor
Interior area
225,740 sqft
Lot size
19,254 sqft
Stories
14
Built
1898
Zoning
CMX5

Block context

1300 block of Chestnut St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 1338-48 Chestnut St  ·  1330-36 Chestnut St

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗

No L&I business license is on record at this address in data through Jul 25, 2026.

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

AVENUE OF THE ARTS OWNERS, LPInactive

Rental · Initial issue date Jan 20, 2017 · Terminal license date Mar 20, 2026

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 6 dated rows
  1. License terminal eventAVENUE OF THE ARTS OWNERS, LP: Rental landlord or residential registration marked inactive

    License 726262 · Inactive

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

  2. PermitUse

    Permit 1008452 · COMPLETED

    THIS APPLICATION IS FOR THE USE OF UNIT#806 ( APPROXIMATELY 835SQ FT) ON THE 8TH FLOOR OF AN EXISTING STRUCTURE AS VISITOR ACCOMODATIONS. AL OTHER PREVIOUSLY APPROVED USES TO STAY THE SAME. NO SIGNS ONTHIS APPLICATION. NO CHANGES. TO DIMENSIONS. OR HEIGHT.

  3. License issue eventAVENUE OF THE ARTS OWNERS, LP: Rental landlord or residential registration initially issued

    License 726262 · Inactive

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

  4. PermitAdministrative

    Permit 609604 · COMPLETED

    AMEND PERMIT NUMBER 566045 TO PROTECT AN EXISTING THIRTEEN (13) STORY INTERIOR SHAFT WITH STOREFRONT GLAZING WALL AND SPRINKLER WATER CURTAIN, ON ONE SIDE ONLY, IN LIEU OF REQUIRED 2 HOUR RATED SHAFT ENCLOSURE AS PER APPROVED PLANS AND BBS VARIANCE NO. 25204. GLAZED OPENING AS PRESCRIBED IN ICC-ES EVALUATION REPORT ESR-2397, EXCEPT THAT THE PONY WALL AT THE BASE OF THE GLAZED OPENING SHALL NOT BE REQUIRED PER BBS.

  5. PermitElectrical

    Permit 585413 · COMPLETED

    NEW DISTRIBUTION,LIGHTING,BRANCH WIRING AND FIRE ALARM PER 2008 NEC & NFPA 72 (MIXED USE)

  6. PermitSuppression

    Permit 608208 · COMPLETED

    FOR RENOVATION TO EXISTING SPRINKLER SYSTEM ON THE 17TH AND 18TH FLOOR OF AN EXISTING BUILDING, SPRINKLER SYSTEM SERVICED BY AN EXISTING 6 INCH FIRE SERVICE WITH AN EXISTING BACKFLOW PREVENTER ASSEMBLY AND EXISTING FIRE PUMP. ALL WORK TO BE DONE PER APPROVED PLANS. IF FIELD CONDITIONS VARY CONTACT DESIGN ENGINEER PRIOR TO THE START OF ANY WORK. FIRE SUPPRESSION SYSTEM TO BE INSTALLED IN ACCORDANCE WITH NFPA 13. SEPARATE PERMITS REQUIRED FOR ELECTRICAL AND PLUMBING WORK.

Where this comes from

Methodology & freshness

This report was assembled Jul 27, 2026, 4:49 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)