8605 FerrisMorton Grove, IL 60053

  • Residential income properties
  • 1,652 SF
Off market
$1,426,000 Estimated

Property Details for 8605 Ferris

Year built
1904
Construction
FRAME
Lot size
0.14 AC
Property size (Sq ft)
1,652 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
10-20-112-006
APU
1020112006

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $616,626
    6.5%
    $569,194
    7%
    $528,537
  • Comparable approach

    Method
    Valuation
    Relative Method
    $333,518
    Geo Method
    $333,518
  • Alternative Use

    Use
    Valuation
    Residential
    $569,194
    Hospitality
    $521,378
    Educational
    $433,781
    Medical
    $448,699
    Retail
    $674,770
8605 Ferris, Morton Grove, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Morton Grove
County
Cook
State
Illinois
Latitude
42.0376
Longitude
-87.7846
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
$3,738
$8,680
$21,320
$30,000
-
$86,800
$213,200
$300,000

FAQs

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