7480 CollegePalos Heights, IL 60463

  • Office properties
  • 1.51 AC
Off market
$15,128,480 Estimated

Property Details for 7480 College

Year built
1987
Lot size
1.51 AC
Property type
Office properties
Property subtype
Other office properties
APN
23-24-405-107-1006
APU
23244051071006

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,138,532
    6.5%
    $19,512,490
    7%
    $18,118,742
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,567,324
    Geo Method
    $8,567,324
  • Alternative Use

    Use
    Valuation
    Residential
    $24,195,488
    Hospitality
    $22,162,938
    Educational
    $18,439,304
    Medical
    $19,073,460
    Retail
    $28,683,362
7480 College, Palos Heights, Illinois
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Location Insight

City
Palos Heights
County
Cook
State
Illinois
Latitude
41.6757
Longitude
-87.8035
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
$74,932
$102,784
$122,943
$225,727
-
$411,136
$491,772
$902,908

FAQs

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