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    Bartlett & Munger Rds Bartlett, IL 60103

    • Land
    • 2.83 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Bartlett & Munger Rds

    Lot size
    2.83 lot acres
    Property type
    Land

    Description

    This exceptional 2.83-acre commercial land parcel is situated at the southeast corner of West Bartlett and Munger Roads in Bartlett, Illinois (Cook County, zip code 60103). The property, APN 06-33-301-029-0000, offers a unique opportunity for development, boasting a land value of $5.23 per square foot. Its strategic location is adjacent to Liberty Elementary School, ensuring high visibility and potential for various commercial uses. All essential utilities—sanitary sewer, water, gas, and electric—are readily available adjacent to the site. The Village of Bartlett acknowledges the need for rezoning, streamlining the development process. Importantly, no recapture is required on existing infrastructure, and an existing access road is already in place. Furthermore, off-site detention has been accounted for, maximizing the usable land area. This property presents a compelling investment opportunity due to its prime location, convenient access to utilities, and the village's supportive stance on rezoning. The asking price is $645,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Cook
    State
    Illinois
    Longitude
    -88.218
    Latitude
    41.9944

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    Bartlett, IL 60103
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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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