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    For Sale (50)

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    Spacious Buildable Lot Near Highways
    $60,000
    1.32 Acres

    Spacious Buildable Lot Near Highways

    1.32-acre lot near Rte 10 and I-65.

    Lake Village, IN 46349
    View details
    Orland Park Ideal Lot
    $118,000
    0.58 Acres

    Orland Park Ideal Lot

    Ideal lot to build your dream home in Orland Park.

    9180 136Th St, Orland Park, IL 60462
    View details
    Land in Parrish Woods Subdivision
    $142,000
    0.87 Acres

    Land in Parrish Woods Subdivision

    0.87 acre lot for custom home in Cedar Lake.

    11236 Atherton St, Cedar Lake, IN 46303
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    Land in Parrish Wood Subdivision
    $135,000
    0.83 Acres

    Land in Parrish Wood Subdivision

    Almost an acre lot in Cedar Lake, Indiana.

    11220 Atherton St, Cedar Lake, IN 46303
    View details
    Residential Land in Cedar Lake
    $107,000
    0.46 Acres

    Residential Land in Cedar Lake

    Corner lot in Parrish Woods Subdivision near St. John.

    11252 Atherton St, Cedar Lake, IN 46303
    View details
    Heavily Wooded Estate Parcel
    $278,975
    2.28 Acres

    Heavily Wooded Estate Parcel

    2.28-acre wooded lot in Graythorne's Estate Section.

    4398 Willard Ln, Lowell, IN 46356
    View details
    Chicago Commercial Brick Storefronts For Sale
    $779,900
    0.34 Acres

    Chicago Commercial Brick Storefronts For Sale

    Income-producing commercial property with long-term tenants on a busy corner.

    5600 W Division St, Chicago, IL 60651
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    Wooded Lot in Parrish Woods
    $109,900
    0.53 Acres

    Wooded Lot in Parrish Woods

    Half-acre wooded lot near shopping, dining, lake, and schools.

    9550 112 Pl, Cedar Lake, IN 46303
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    Residential Land in Parrish Woods
    $135,000
    0.82 Acres

    Residential Land in Parrish Woods

    Partially wooded lot in new Parrish Woods subdivision.

    11244 Atherton St, Cedar Lake, IN 46303
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    Half Acre Lot in Indiana
    $108,500
    0.50 Acres

    Half Acre Lot in Indiana

    Half acre lot in Cedar Lake, Indiana, new subdivision.

    9545 112 Plc, Cedar Lake, IN 46303
    View details
    Gary, IN Multiplex Opportunity
    $75,000
    0.07 Acres

    Gary, IN Multiplex Opportunity

    Investor special with endless potential in Gary, Indiana!

    1241 W 17Th Ave, Gary, IN 46407
    View details
    Residential Land in Chesterton, IN
    $50,000
    0.24 Acres

    Residential Land in Chesterton, IN

    Land available in The Preserve, Chesterton, Indiana.

    45 Karner Ct, Chesterton, IN 46304
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    Half Acre Wooded Lot
    $109,900
    0.55 Acres

    Half Acre Wooded Lot

    Residential land in Parrish Woods Development, Cedar Lake, Indiana.

    9555 112 Pl, Cedar Lake, IN 46303
    View details
    Burr Ridge Land For Sale
    $675,000
    0.94 Acres

    Burr Ridge Land For Sale

    0.94 acre commercial land available in Burr Ridge, Illinois.

    6423 S County Line Rd, Burr Ridge, IL 60527
    View details
    Residential Land in Desirable Location
    $139,900
    0.79 Acres

    Residential Land in Desirable Location

    Homesite near Sand Creek Country Club and Indiana Dunes.

    1600-1602 Melanie Ln, Chesterton, IN 46304
    View details
    52 Acres Ready For Development
    $675,000
    52.30 Acres

    52 Acres Ready For Development

    52-acre land parcel in Chesterton, Indiana, with development potential.

    1050 W 1050 N, Chesterton, IN 46304
    View details
    Residential Lot in Schererville
    $55,000
    0.26 Acres

    Residential Lot in Schererville

    Vacant lot in Schererville, Indiana, ready for residential development.

    1000 69Th Pl, Schererville, IN 46375
    View details
    Phoenix Commercial Building For Sale
    $199,000
    4,906 SF

    Phoenix Commercial Building For Sale

    Commercial building suitable for auto shops or various business ventures.

    15500 Vincennes Rd, Phoenix, IL 60426
    View details
    Prime Commercial Lot on Cicero
    $749,900
    1.00 Acre

    Prime Commercial Lot on Cicero

    One-acre corner lot in Crestwood's business district.

    14101 S Cicero Ave, Crestwood, IL 60418
    View details
    Countryside Lot Near Golf Course
    $399,900
    1.25 Acres

    Countryside Lot Near Golf Course

    1.25 acre lot near Edgewood Valley Golf Course.

    7445 Willow Spg Rd, Countryside, IL 60525
    View details
    Burr Ridge Land For Sale
    $675,000
    0.94 Acres

    Burr Ridge Land For Sale

    0.94 acre commercial land available in Burr Ridge, Illinois.

    6403 S County Line Rd, Burr Ridge, IL 60527
    View details
    Mixed-Use Building in Worth Business District
    $949,900
    0.31 Acres

    Mixed-Use Building in Worth Business District

    Immaculate mixed-use building with apartments, storefront, patio, and parking.

    6906-6908 111Th St, Worth, IL 60482
    View details
    Updated Mixed-Use Building in Midlothian
    $319,900
    0.37 Acres

    Updated Mixed-Use Building in Midlothian

    Updated mixed-use building in the heart of Midlothian business district.

    4039 147Th St, Midlothian, IL 60445
    View details
    Land in Desirable Jackson Township
    $174,900
    3.38 Acres

    Land in Desirable Jackson Township

    3.38-acre parcel in Chesterton, build your dream home!

    0-2 E 1050 N, Chesterton, IN 46304
    View details
    Residential Land in Chesterton, Indiana
    $174,900
    3.38 Acres

    Residential Land in Chesterton, Indiana

    3.38-acre parcel in Jackson Township, Duneland School Corporation.

    0-1 E 1050 N, Chesterton, IN 46304
    View details
    Vacant Lot in Avalon Park
    $199,000
    0.22 Acres

    Vacant Lot in Avalon Park

    9,375 sq ft vacant lot in Chicago's Avalon Park.

    8314 8Th St, Chicago, IL 60617
    View details
    Commercial Corner Lot in Midlothian
    $119,900

    Commercial Corner Lot in Midlothian

    Prime commercial land in a high-traffic business district.

    4031 147Th St, Midlothian, IL 60445
    View details
    Land in Parrish Woods Subdivision
    $124,000
    0.83 Acres

    Land in Parrish Woods Subdivision

    Wooded lot in Cedar Lake, close to amenities.

    9531 112 Pl, Cedar Lake, IN 46303
    View details
    Updated Mixed-Use Building and Land
    $439,900
    0.37 Acres

    Updated Mixed-Use Building and Land

    Updated mixed-use property with vacant land in Midlothian.

    4039 147Th St, Midlothian, IL 60445
    View details
    Commercial Building in Countryside, IL
    $1,649,900
    14,500 SF

    Commercial Building in Countryside, IL

    Well-maintained commercial building with retail and office spaces for sale.

    6502 Joliet Rd, Countryside, IL 60525
    View details
    Versatile Industrial Building in Chicago Ridge
    $389,900
    2,500 SF

    Versatile Industrial Building in Chicago Ridge

    Immaculate, rehabbed industrial building suitable for warehouse, office, or retail.

    10333 Oxford Ave, Chicago Ridge, IL 60415
    View details
    Residential Land in Shorewood Forest
    $110,000
    0.45 Acres

    Residential Land in Shorewood Forest

    Nearly half-acre homesite in Shorewood Forest, Valparaiso, Indiana.

    Cambridge Ct, Valparaiso, IN 46385
    View details
    Residential Lot Near Flint Lake
    Contact for pricing
    0.40 Acres

    Residential Lot Near Flint Lake

    0.4-acre lot near Flint Lake in Valparaiso, Indiana.

    1401 Burlington Beach Rd, Valparaiso, IN 46383
    View details
    Harlem Avenue Vacant Lot
    Contact for pricing

    Harlem Avenue Vacant Lot

    Vacant lot on high-traffic Harlem Avenue, near I-80.

    18001 Harlem Ave, Tinley Park, IL 60477
    View details
    Midlothian Mixed-Use Commercial Building
    $349,900
    2,850 SF

    Midlothian Mixed-Use Commercial Building

    Profitable Mixed-Use Property in Midlothian, IL

    4039 147Th St, Midlothian, IL 60445
    View details
    Commercial Corner Lot on 147th
    Contact for pricing

    Commercial Corner Lot on 147th

    Prime commercial corner lot in Midlothian business district.

    4031 147Th St, Midlothian, IL 60445
    View details
    Updated Mixed-Use Building in Midlothian
    Contact for pricing
    2,850 SF

    Updated Mixed-Use Building in Midlothian

    Updated mixed-use building in Midlothian's business district, fully leased.

    4039 147Th St, Midlothian, IL 60445
    View details
    Countryside Commercial Building For Sale
    Contact for pricing
    14,500 SF

    Countryside Commercial Building For Sale

    Immaculate, well-maintained commercial building in a desirable Countryside location.

    6502 Joliet Rd, Countryside, IL 60525
    View details
    Phoenix Auto Shop Opportunity
    Contact for pricing
    4,906 SF

    Phoenix Auto Shop Opportunity

    4906 SF brick building suitable for auto-related businesses.

    15500 Vincennes Rd, Phoenix, IL 60426
    View details
    Midlothian Mixed-Use Investment Opportunity
    $459,900
    2,850 SF

    Midlothian Mixed-Use Investment Opportunity

    Fully Leased, High-Traffic Location, Huge Potential

    4039 147Th St, Midlothian, IL 60445
    View details
    Lockport Commercial Building - High Traffic Area
    $369,000
    2,470 SF

    Lockport Commercial Building - High Traffic Area

    Versatile Commercial Space, Prime Location, High Traffic

    704 9Th St, Lockport, IL 60441
    View details
    Marquette Park Commercial Strip Opportunity
    $349,900
    5,400 SF

    Marquette Park Commercial Strip Opportunity

    Commercial strip with four storefronts and investment potential.

    2414 W 71St St, Chicago, IL 60629
    View details
    Residential Townhome with Four Seasons Room
    $335,000
    1,704 SF

    Residential Townhome with Four Seasons Room

    Two-bedroom townhome featuring a four seasons room.

    8089 Northcote Ct, Dyer, IN 46311
    View details
    Free-Standing Building Truck Repair Shop
    $199,000
    4,906 SF

    Free-Standing Building Truck Repair Shop

    4906 SF brick building suitable for auto shops.

    15500 Vincennes Rd, Phoenix, IL 60426
    View details
    Updated Mixed-Use Building and Land
    $459,900
    2,850 SF

    Updated Mixed-Use Building and Land

    Updated mixed-use building with vacant land in Midlothian.

    4039 147Th St, Midlothian, IL 60445
    View details
    Office/Warehouse Building with Deluxe Suite
    $459,900
    3,500 SF

    Office/Warehouse Building with Deluxe Suite

    Office/warehouse with executive suite, kitchen, and possible financing.

    15426 South 70Th Ct, Orland Park, IL 60462
    View details
    Orland Park Warehouse Space Available
    $399,900
    4,000 SF

    Orland Park Warehouse Space Available

    4000 sq ft warehouse near Harlem Ave. for sale.

    15428 South 70Th Ct, Orland Park, IL 60462
    View details
    Orland Park Flex Space Investment
    $799,900
    7,500 SF

    Orland Park Flex Space Investment

    Two units: office/warehouse and pure warehouse space available.

    15426-15428 S 70Th Ct, Orland Park, IL 60462
    View details
    Land For Sale
    $100,000

    Land For Sale

    Land available for sale.

    3501 West Pinewood Dr, Monee, IL 60449
    View details
    Corner Commercial Property For Sale
    $779,900

    Corner Commercial Property For Sale

    Commercial property at the corner of Division and Central.

    5600 W Division St, Chicago, IL 60651
    View details

    For Lease (3)

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    Orland Hills Retail Leasing Opportunity
    Contact for pricing

    Orland Hills Retail Leasing Opportunity

    Two retail spaces available in Orland Hills for immediate occupancy.

    8833 159Th St, Orland Hills, IL 60487
    View details
    First Floor Office Space Available
    Contact for pricing

    First Floor Office Space Available

    Office space for rent in a prime location.

    7936 W 87Th St, Justice, IL 60458
    View details
    Retail Space in High-Traffic Area
    $40 SF/Yr

    Retail Space in High-Traffic Area

    Retail space available in a prime, high-traffic location.

    10296 S 78Th Ave, Palos Hills, IL 60465
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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