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    Property profile & analytics

    1036 Sterling Ave Flossmoor, IL 60422-1263

    • Residential income homes
    • 3,000 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-0782855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tovar Shoe Repair and Custom Designs / Shoe Repair Shop
    • Bluemercury / Skin Care Clinic

    Property Details for 1036 Sterling Ave

    Year built
    1927
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.08 lot acres
    Property size
    3,000 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    31-01-420-036
    APU
    3101420036

    Description

    This exceptional 3,000 square foot commercial property, located at 1036 Sterling Ave., Flossmoor, IL 60422, presents a unique opportunity. Situated in Cook County's Downtown Flossmoor submarket, this Class B building boasts a desirable location directly across from the Flossmoor Train Station, ensuring high visibility and accessibility. The property features a traditional office layout with creative office potential, encompassing two stories within a single building constructed in 1927. The main floor offers approximately 1,800 square feet of retail space, ideal for a storefront business, while an additional 1,100 square feet of basement space provides ample storage or expansion potential. The zoning is B-5 Central Business District. The property's APN is 31-01-420-036-0000. Taxes are $3.20 per square foot. Before occupancy, ceilings will be repaired, and the entire unit will be thoroughly cleaned. Note that the current tenant requires 60 days' notice upon lease signing. This property offers excellent exposure and is perfect for businesses seeking a prominent presence in Flossmoor's thriving central business district. The cross street is Flossmoor Rd.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flossmoor
    County
    Cook
    State
    Illinois
    Longitude
    -87.6794
    Latitude
    41.5433
    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
    $9,821
    $1,626
    $16,632
    $18,258
    -
    $16,260
    $166,320
    $182,580

    Comparable in this City

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      2609 Flossmoor Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,082 SF
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      0.29 Acres

      2612 Flossmoor Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.29 Acres
      2612 Flossmoor Rd, Flossmoor, IL 60422-1563
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    1036 Sterling Ave
    Flossmoor, IL 60422-1263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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