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    Property profile & analytics

    1057 Elmhurst Rd Mount Prospect, IL 60056-1153

    • Retail space
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 02, 2020
    Location Intelligence
    Property ID
    US28-2906638
    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

    • Retail space

    Property Details for 1057 Elmhurst Rd

    Property type
    Retail space
    APN
    03-27-401-281
    APU
    327401281

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9355
    Latitude
    42.0845
    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
    $146,101
    $386,568
    $120,650
    $507,218
    -
    $1,546,272
    $482,600
    $2,028,872

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      524 Enw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      524 Enw Hwy, Mount Prospect, IL 60056-3306
      View Details
    • Value Estimation by Request
      0.09 Acres

      500 Wnw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      500 Wnw Hwy, Mount Prospect, IL 60056-2315
      View Details
    • Value Estimation by Request
      0.13 Acres

      418 Wnw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      418 Wnw Hwy, Mount Prospect, IL 60056-2407
      View Details
    • Value Estimation by Request
      0.07 Acres

      950 Enw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      950 Enw Hwy, Mount Prospect, IL 60056-3444
      View Details
    • Value Estimation by Request
      0.07 Acres

      980 Enw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      980 Enw Hwy, Mount Prospect, IL 60056-3444
      View Details
    • Value Estimation by Request
      0.15 Acres

      400 Central Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      400 Central Rd, Mount Prospect, IL 60056-2405
      View Details

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    Similar Nearby for Lease

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      2,891 SF

      Mount Prospect Retail Space Available

      Retail space in Mount Prospect with high visibility and parking.
      200 Main St, Mount Prospect, IL 60056
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      4,182 SF

      Retail Space in Mount Prospect

      Retail space available in a busy Mount Prospect shopping center.
      1000-1080 S Elmhurst Rd, Mount Prospect, IL 60056
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      22,000 SF

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      Retail spaces available in Kohl's anchored shopping center.
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      Retail space available in a busy shopping center.
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      Retail Space Near Randhurst Village

      Retail spaces available near Randhurst Village in Mount Prospect.
      1 E Rand Rd, Mount Prospect, IL 60056
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    • $32 SF/Yr
      2,030 SF

      Retail Space in Prime Location

      Well-maintained retail property with high traffic and modern facilities.
      2088 Elmhurst Rd, Mt Prospect, IL 60056
      View Details
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    1057 Elmhurst Rd
    Mount Prospect, IL 60056-1153
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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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