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Property profile & analytics

530 Winnetka Ave Winnetka, IL 60093-4023

  • Retail space
  • 0.40 lot acres
OFF-MARKET
Value Estimations
$310,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-0083627
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Donnersberger David R MD SC / Internist
  • Patrick W. Logan, MD / Internist
  • Claire Kenneally, MD / Internist
  • Dr. Robert M. Magrisso, MD / Internist

Property Details for 530 Winnetka Ave

Year built
1954
Lot size
0.40 lot acres
Property type
Retail space
APN
05-28-102-020
APU
528102020

Description

This exceptional 0.4029-acre development site in Winnetka, Illinois, presents a unique opportunity for multifamily development. Located just steps from the Indian Hill Metra station and conveniently close to I-94 access ramps, this property offers unparalleled connectivity to both the vibrant city of Chicago and the surrounding affluent neighborhoods. The site's prime location in the desirable Winnetka community places residents within easy reach of Northwestern University, providing access to employment, education, and recreational opportunities. The Winnetka/Kenilworth area has experienced substantial rent growth in recent years, with a notable shortage of high-end multifamily housing. This presents a compelling opportunity to cater to the high demand for upscale residential units. Current zoning permits up to 9.6 units, with the potential for increased zoning based on adjacent properties zoned C-1 District. Ground floor residential use is permissible under Special Use. The Village of Winnetka is actively investing in improvements to enhance the retail environment, pedestrian safety, and traffic flow, further bolstering the area's appeal. This site offers a rare chance to develop a highly sought-after residential project in a thriving market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $310,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Winnetka
County
Cook
State
Illinois
Longitude
-87.7245
Latitude
42.0933
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$43,867
$109,687
$79,805
$189,492
-
$438,748
$319,220
$757,968
More about this property
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