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    Property profile & analytics

    2-4 Front St Unit 2-4 Newark, IL 60541

    • Mixed-use properties
    • 4,120 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 2-4 Front St Unit 2-4

    Property size
    4,120 SF
    Property type
    Mixed-use properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Kendall
    State
    Illinois
    Longitude
    -88.5833
    Latitude
    41.5376

    Comparable in this City

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      3.00 Acres

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      VACANT COMMERCIAL LAND • 3.00 Acres
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      12.25 Acres

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      38.00 Acres

      8970 Millbrook Rd

      Farms • 38.00 Acres
      8970 Millbrook Rd, Newark, IL 60541
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    • Value Estimation by Request
      0.35 Acres

      11932 Helmar Rd

      COMMERCIAL (GENERAL) • 0.35 Acres
      11932 Helmar Rd, Newark, IL 60541
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    • Value Estimation
      $1,560,000
      9,100 SF

      106 Rte 71

      COMMERCIAL (GENERAL) • 9,100 SF
      106 Rte 71, Newark, IL 60541
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    • Value Estimation
      $580,000
      56,801 SF

      16060 Hanson Rd

      COMMERCIAL (GENERAL) • 56,801 SF
      16060 Hanson Rd, Newark, IL 60541
      View Details

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    2-4 Front St Unit 2-4
    Newark, IL 60541
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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
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