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    Property profile & analytics

    1113 Lee St Des Plaines, IL 60016-6516

    • Residential income homes
    • 1,543 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Last Sale
    Jul 26, 2023
    $569,000
    Location Intelligence
    Property ID
    US28-2151237
    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

    • Billy's Lee Street Automotive / Auto Repair Shop

    Property Details for 1113 Lee St

    Year built
    1931
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    1,543 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    09-20-214-004
    APU
    920214004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $515,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $540,000
      Retail
      $445,000
      Mixed-Use
      $560,000
      Hospitality
      $530,000
      Educational
      $575,000
      Residential Income
      $500,000
      Energy
      $535,000
      Income-Based Land
      $590,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8937
    Latitude
    42.0329
    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
    $6,176
    $8,280
    $15,720
    $24,000
    -
    $82,800
    $157,200
    $240,000

    Comparable in this City

    • Value Estimation by Request
      3,922 SF

      1000 Arnold Ct, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,922 SF
      1000 Arnold Ct, Des Plaines, IL 60016-9732
      View Details
    • Value Estimation by Request
      4,575 SF

      762 Holiday Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,575 SF
      762 Holiday Ln, Des Plaines, IL 60016-5695
      View Details
    • Value Estimation by Request
      3,967 SF

      1164 Arnold Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,967 SF
      1164 Arnold Ct, Des Plaines, IL 60016-9706
      View Details
    • Value Estimation by Request
      3,925 SF

      1085 Arnold Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,925 SF
      1085 Arnold Ct, Des Plaines, IL 60016-9721
      View Details
    • Value Estimation by Request
      2,950 SF

      1084 Arnold Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,950 SF
      1084 Arnold Ct, Des Plaines, IL 60016-5789
      View Details
    • Value Estimation by Request
      3,752 SF

      1022 Arnold Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,752 SF
      1022 Arnold Ct, Des Plaines, IL 60016-9736
      View Details

    Similar Nearby for Sale

    • $360,000

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      New construction, two-bedroom condo with premium finishes, available September.
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    Similar Nearby for Lease

    • $9 SF/Yr
      108,000 SF

      Des Plaines Office Space Available

      10 Suites, 531-2,499 sq ft
      2720 River Rd, Des Plaines, IL 60016
      View Details
    • $13 SF/Yr
      33,270 SF

      Des Plaines Office Building for Lease

      Prime Des Plaines Office Space: Multiple Suites Available
      950 Lee St, Des Plaines, IL 60016
      View Details
    • Contact for pricing
      2,384 SF

      Des Plaines Warehouse/Flex Space Available

      Multi-tenant warehouse/flex buildings near O’Hare Airport, I-90 & I-294.
      1245-1265 Rand Rd, Des Plaines, IL 60016
      View Details
    • $18 SF/Yr
      900 SF

      Retail/Dental/Office Space Available

      Former dental space suitable for retail, dental, or office use.
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      View Details
    • $5 SF/Yr
      174,154 SF

      Des Plaines Office Plaza: Premier Office Space

      Class A Office Building, Des Plaines, IL
      701 Lee St, Des Plaines, IL 60016
      View Details
    • Contact for pricing

      Des Plaines Warehouse with Storage

      256,385 SF warehouse with outdoor storage in Des Plaines, IL.
      301-363 North 3Rd Ave, Des Plaines, IL 60016
      View Details
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    1113 Lee St
    Des Plaines, IL 60016-6516
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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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