316 MarengoForest Park, IL 60130

Property Details for 316 Marengo

Year built

1968

Lot size

0.16 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

15-12-435-028-1011

APU

15124350281011

• CAP approach

  CAP return

  Valuation

  6%

  $3,007,634

  6.5%

  $2,776,277

  7%

  $2,577,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,230,979

  Geo Method

  $2,230,979

• Alternative Use

  Use

  Valuation

  Residential

  $2,341,894

  Hospitality

  $2,145,162

  Educational

  $1,784,750

  Medical

  $1,846,130

  Retail

  $2,776,277

Location Insight

City

Forest Park

County

Cook

State

Illinois

Latitude

41.8806

Longitude

-87.807

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $20
• Assessed land value
  $3
• Assessed value
  $23
• Tax year
  2022

FAQs

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