Property profile

1023 55th St Western Springs, IL 60558

OFF-MARKET
Commercial real estate
Property ID
US28-1712531
0.92 ac lot Built 1991
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1991
Lot 0.92 ac (40,050 SF)
APN 18-18-200-038
UPID US28-1712531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1023 55th St Western Springs, IL 60558
Western Springs metro Census 820101 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.06M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.15M

Owner & transaction history

since 2025
Last sale
$1.9M
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$1.9M
2016
Price N/A
2013
Price N/A
1999
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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