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    Property profile & analytics

    230 Main St Lombard, IL 60148

    • Retail space
    • 3,312 SF
    • 0.19 lot acres
    For Sale
    View listing
    $495,000
    Value Estimation
    Last Sale
    Feb 20, 2025
    $450,000
    Location Intelligence
    Property ID
    US28-1847996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 230 Main St

    Year built
    1972
    Lot size
    0.19 lot acres
    Property size
    3,312 SF
    Zone code
    C
    Property type
    Retail space
    APN
    06-07-217-014
    APU
    607217014

    Description

    This exceptional 3,312 square foot mixed-use commercial building presents a fantastic opportunity for entrepreneurs seeking a thriving business location in the heart of downtown Lombard, Illinois. Situated on a corner lot at 230 S Main Street, this free-standing building enjoys high visibility and significant foot traffic. Currently operating as a martial arts studio, the property offers versatile space adaptable to a wide range of businesses. Its proximity to the Metra station (just two blocks away) provides convenient access for commuters and employees. The building's prime location ensures excellent exposure to potential customers. While limited showing hours are in place due to existing classes, the motivated seller is eager to facilitate a quick sale. This property is priced to sell and represents a rare chance to acquire a well-positioned commercial space in a desirable and bustling downtown area. The building's size and location make it an ideal investment for those seeking a strong return on their investment. Don't miss this chance to establish your business in a vibrant and accessible location. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $420,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $455,000
      Mixed-Use
      $400,000
      Hospitality
      $435,000
      Educational
      $450,000
      Residential Income
      $505,000
      Energy
      $425,000
      Income-Based Land
      $530,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Lombard
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0186
    Latitude
    41.8829
    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
    2023
    $10,747
    $26,510
    $107,130
    $133,640
    -
    $79,530
    $321,390
    $400,920

    Comparable in this City

    • Value Estimation by Request
      4,685 SF

      6 St Charles Rd

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      View Details
    • Value Estimation by Request
      92,505 SF

      810 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 92,505 SF
      810 Butterfield Rd, Lombard, IL 60148-5687
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    • Value Estimation
      $360,000
      2,640 SF

      266 Roosevelt Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      266 Roosevelt Rd, Lombard, IL 60148-4647
      View Details
    • Value Estimation
      $17,400,000
      0.73 Acres

      Roosevelt Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.73 Acres
      Roosevelt Rd, Lombard, IL 60148
      View Details
    • Value Estimation by Request
      20,285 SF

      207 Roosevelt Rd, Unit 21

      RETAIL STORES (PERSONAL SERVICES) • 20,285 SF
      207 Roosevelt Rd, Lombard, IL 60148-4555
      View Details
    • Value Estimation
      $475,000
      14,281 SF

      315 Saint Charles Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,281 SF
      315 Saint Charles Rd, Lombard, IL 60148
      View Details

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    230 Main St
    Lombard, IL 60148
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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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