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    Property profile & analytics

    1048 Lk St Oak Park, IL 60301-1546

    • Banks
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3838430
    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

    • Ageoptions / Social Services Organization
    • Avisery / Health Insurance Agency
    • Chase Bank / Bank / Atm
    • Chase ATM / Atm
    • Chase Mortgage / Mortgage Lender

    Property Details for 1048 Lk St

    Property type
    Banks
    APN
    16-07-120-063
    APU
    1607120063

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8024
    Latitude
    41.889
    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
    $276,039
    $87,287
    $600,213
    $687,500
    -
    $349,148
    $2,400,852
    $2,750,000

    Comparable in this City

    • Value Estimation
      $5,150,000
      0.31 Acres

      100 Oak Park Ave

      FINANCIAL BUILDING • 0.31 Acres
      100 Oak Park Ave, Oak Park, IL 60301-1304
      View Details
    • Value Estimation by Request

      1118 Westgate St

      STORE, RETAIL OUTLET
      1118 Westgate St, Oak Park, IL 60301-1008
      View Details
    • Value Estimation by Request
      0.08 Acres

      122 Marion St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      122 Marion St, Oak Park, IL 60301-1005
      View Details
    • Value Estimation by Request
      0.05 Acres

      1035 Lk St, Unit 49

      STORE, RETAIL OUTLET • 0.05 Acres
      1035 Lk St, Oak Park, IL 60301
      View Details
    • Value Estimation by Request
      0.13 Acres

      818 Nn Blvd

      STORE, RETAIL OUTLET • 0.13 Acres
      818 Nn Blvd, Oak Park, IL 60301-1302
      View Details
    • Value Estimation
      $5,080,000
      0.10 Acres

      114 Oak Park Ave

      STORE, RETAIL OUTLET • 0.10 Acres
      114 Oak Park Ave, Oak Park, IL 60301-1304
      View Details

    Similar Nearby for Sale

    • $2,350,000
      9,737 SF

      Oak Park Retail and Office

      9,737 SF retail and office building in downtown Oak Park.
      113-115 N Marion St, Oak Park, IL 60301
      View Details
    • $825,000
      7,135 SF

      Historic Oak Park Commercial Property

      Versatile commercial property in downtown Oak Park, ideal for various uses.
      818 North Blvd, Oak Park, IL 60301
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    • Contact for pricing
      9,737 SF

      Downtown Oak Park Mixed-Use Building

      17 Units, 9,737 SF, Value-Add Opportunity
      113 Marion St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      5,586 SF

      Oak Park Mixed-Use Investment

      Downtown Oak Park, 5,586 SF, 100% Occupied
      1053 Lake St, Oak Park, IL 60301
      View Details
    • $119,900
      0.34 Acres

      Adaptable Office Space in Oak Park

      Versatile 941 sq ft office space in Oak Park.
      105 N Oak Park Ave, Oak Park, IL 60301
      View Details
    • $825,000
      0.13 Acres

      Oak Park Leased Investment Opportunity

      Fully leased multi-tenant building in downtown Oak Park.
      720 Lake St, Oak Park, IL 60301
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,300 SF

      Downtown Oak Park Retail Space

      Rare retail vacancy in downtown Oak Park with strong pedestrian traffic.
      1136 Lake St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      2,131 SF

      Retail Space in Oak Park

      Transit-oriented retail space in a mixed-use development.
      1135 Westgate St, Oak Park, IL 60301
      View Details
    • $18 SF/Yr
      9,739 SF

      Downtown Oak Park Commercial Space

      Prime Retail & Office, Oak Park
      113 Marion St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      1,261 SF

      Retail Space Near Transportation Hubs

      Retail space near CTA and Metra stations with high ridership.
      401-417 N Harlem Ave, Oak Park, IL 60301
      View Details
    • Contact for pricing
      2,618 SF

      New Retail Space in Oak Park

      High-visibility retail space near transportation and parking.
      1034 Lake St, Oak Park, IL 60301
      View Details
    • $36 SF/Yr
      6,596 SF

      Downtown Creative Office Space

      Historic building, modern office, 2,600 sq ft available.
      193 Marion St, Oak Park, IL 60301
      View Details

    Property Visit Statistics

    • Visits by month
      21.9k
    • Visitors by month
      15.7k
    • Avg Time on site
      21 min
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    1048 Lk St
    Oak Park, IL 60301-1546
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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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