7601 BanksJustice, IL 60458

  • Residential income properties
  • 3,816 SF
Off market
$42,136 Estimated

Property Details for 7601 Banks

Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.25 AC
Property size (Sq ft)
3,816 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
18-27-411-033
APU
1827411033

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,424,362
    6.5%
    $1,314,796
    7%
    $1,220,882
  • Comparable approach

    Method
    Valuation
    Method 1
    $770,403
    Method 2
    $770,403
  • Alternative Use

    Use
    Valuation
    Residential
    $1,314,796
    Hospitality
    $1,204,346
    Educational
    $1,002,002
    Medical
    $1,036,462
    Retail
    $1,558,669
7601 Banks, Justice, Illinois
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Location Insight

City
Justice
County
Cook
State
Illinois
Latitude
41.7515
Longitude
-87.8424
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $29,765
  • Assessed land value
    $5,058
  • Assessed value
    $34,823
  • Tax year
    2022
  • Tax bill
    $11,292

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