7901 Lockwood AveBurbank, IL 60459

  • Retail properties
  • 3,500 SF
Off market
$2,401,430 Estimated

Property Details for 7901 Lockwood Ave

Year built
1982
Lot size
0.24 AC
Property size (Sq ft)
3,500 SF
Property type
Retail properties
Property subtype
Retail space
APN
19-33-108-001
APU
1933108001

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,653,456
    6.5%
    $1,526,267
    7%
    $1,417,248
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,148,805
    Geo Method
    $1,148,805
  • Alternative Use

    Use
    Valuation
    Residential
    $1,287,464
    Hospitality
    $1,179,310
    Educational
    $981,172
    Medical
    $1,014,916
    Retail
    $1,526,267
7901 Lockwood Ave, Burbank, Illinois
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Location Insight

City
Burbank
County
Cook
State
Illinois
Latitude
41.7486
Longitude
-87.7533
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
$40,492
$28,712
$76,288
$105,000
-
$114,848
$305,152
$420,000

FAQs

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