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    3500 W 183Rd St Hazel Crest, IL 60429

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    For Sale
    $800,000

    13,250 SF retail building on 1.84 acres for sale.

    Property size:
    13,250 SF
    Lot size:
    1.84 Acres

    Property Features for 3500 W 183Rd St

    General Information

    Size
    13,250 SF
    Lot size
    1.84 Acres

    Source: CBRE | Chicago Agent Peter Graham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on 1.84 Acres

    The property features a building with a size of approximately 13,250 square feet, situated on a land area of approximately 1.84 acres. The traffic count on 183rd Street is 14,800 vehicles per day. Taxes for the year 2022 were $197,106.03. The property's PIN number is 28-35-400-015.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Crest
    County
    Cook
    State
    Illinois
    Longitude
    -87.7024514
    Latitude
    41.5577842

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    FAQs

    What type of property is this?
    Retail property - 13,250 SF retail building on 1.84 acres for sale.
    Where is this retail property located?
    The property is located at 3500 W 183Rd St Hazel Crest, IL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Large building size: +/- 13,250 SF; - Substantial land size: +/- 1.84 acres; - High traffic count: 14,800 VPD on 183rd St
    (312) 935-1400
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    3500 W 183Rd St Hazel Crest, IL 60429
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    Realmo Value Estimation

    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.

    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.

    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
    3500 W 183Rd St Hazel Crest, IL 60429
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