11128 GrandMelrose Park, IL 60164

Property Details for 11128 Grand

Year built

1963

Lot size

0.46 AC

Property type

Retail properties

Property subtype

Auto shops

APN

12-29-114-025

APU

1229114025

• CAP approach

  CAP return

  Valuation

  6%

  $8,887,940

  6.5%

  $8,204,252

  7%

  $7,618,234

• Comparable approach

  Method

  Valuation

  Method 1

  $6,592,828

  Method 2

  $6,592,828

• Alternative Use

  Use

  Valuation

  Residential

  $6,920,594

  Hospitality

  $6,339,227

  Educational

  $5,274,162

  Medical

  $5,455,549

  Retail

  $8,204,252

Location Insight

City

Melrose Park

County

Cook

State

Illinois

Latitude

41.9312

Longitude

-87.9026

CBSA code

16980

CBSA name

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

Property Tax & Assessments

• Assessed Improved Value
  $26,143
• Assessed land value
  $57,747
• Assessed value
  $83,890
• Tax year
  2022
• Tax bill
  $24,750

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