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    Property profile & analytics

    7157 Il-83 Long Grove, IL 60060

    • Day care centers
    • 2,320 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 7157 Il-83

    Year built
    1952
    Lot size
    1.00 lot acres
    Property size
    2,320 SF
    Property type
    Day care centers
    Property subtype
    Retail 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
    Long Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9973
    Latitude
    42.2377

    Comparable in this City

    • Value Estimation by Request
      19,775 SF

      101-115 & 155-161

      Individual retail properties • 19,775 SF
      0 101-115 & 155-161, Mundelein, IL 60060
      View Details
    • Value Estimation by Request
      1,200 SF

      781 Midlothian Rd

      Office space • 1,200 SF
      781 Midlothian Rd, Mundelein, IL 60060
      View Details
    • Value Estimation by Request
      29,000 SF

      440 Hawley St

      Restaurants • 29,000 SF
      440 Hawley St, Mundelein, IL 60060
      View Details
    • Value Estimation by Request

      21500 Sylvan Dr

      Specialty properties
      21500 Sylvan Dr, Mundelein, IL 60060
      View Details
    • Value Estimation
      $550,000
      4,367 SF

      1991 Maple Ave

      CONVENIENCE STORE • 4,367 SF
      1991 Maple Ave, Mundelein, IL 60060-1488
      View Details
    • Value Estimation
      $415,000
      2,576 SF

      26951 Il Rte 83

      CONVENIENCE STORE • 2,576 SF
      26951 Il Rte 83, Mundelein, IL 60060-3456
      View Details

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      Mundelein Retail Investment Opportunity

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      Downtown Mundelein Commercial Property For Sale

      Commercial property in downtown Mundelein, walking distance to amenities.
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    Similar Nearby for Lease

    • Contact for pricing
      277,913 SF

      Mundelein Retail Land Opportunity

      Six-acre commercial site, single tenant.
      21500 Sylvan Dr, Mundelein, IL 60060
      View Details
    • $9 SF/Yr
      19,775 SF

      Prime Mundelein Office Suites

      Downtown Mundelein office space available.
      0 101-115 & 155-161, Mundelein, IL 60060
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    • Contact for pricing
      51,596 SF

      High Street Retail Space Available

      Mundelein, IL Retail Center - 2,031 SF Available
      1065 High St, Mundelein, IL 60060
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    • $10 SF/Yr
      62,304 SF

      Retail Space Near Train Station

      Retail space available in Mundelein, near the Metra station.
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    • $10 SF/Yr
      62,304 SF

      Hawley Commons Retail Center

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    • Contact for pricing
      4,936 SF

      Retail Site Near High-Traffic Intersection

      Retail space with drive-thru and patio potential near Metra.
      Nwc 176 & Route-45, Mundelein, IL 60060
      View Details
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    7157 Il-83
    Long Grove, IL 60060
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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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