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    Property profile & analytics

    1118 Austin Blvd Oak Park, IL 60302-1421

    • Residential income homes
    • 3,445 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 01, 2022
    Location Intelligence
    Property ID
    US28-1806856
    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

    • Residential income homes

    Property Details for 1118 Austin Blvd

    Year built
    1916
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    3,445 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    16-05-307-028
    APU
    1605307028

    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
    -87.7757
    Latitude
    41.9009
    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
    $11,166
    $4,536
    $27,962
    $32,498
    -
    $45,360
    $279,620
    $324,980

    Comparable in this City

    • Value Estimation by Request
      2,950 SF

      1514 Austin Blvd, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,950 SF
      1514 Austin Blvd, Oak Park, IL 60302-1114
      View Details
    • Value Estimation by Request
      2,470 SF

      1002 Austin Blvd, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,470 SF
      1002 Austin Blvd, Oak Park, IL 60302-1714
      View Details
    • Value Estimation by Request
      3,080 SF

      1328 Austin Blvd, Unit 2

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,080 SF
      1328 Austin Blvd, Oak Park, IL 60302-1423
      View Details
    • Value Estimation by Request
      2,704 SF

      1018 Chicago Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,704 SF
      1018 Chicago Ave, Oak Park, IL 60302-4674
      View Details
    • Value Estimation by Request
      2,754 SF

      55 Chicago Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,754 SF
      55 Chicago Ave, Oak Park, IL 60302-4766
      View Details
    • Value Estimation by Request
      3,202 SF

      410 Clinton Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,202 SF
      410 Clinton Ave, Oak Park, IL 60302-3707
      View Details

    Similar Nearby for Sale

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      Two-bedroom condo with stainless steel appliances and covered parking.
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      Oak Park Multifamily Investment Property

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      Residential zoned property in Oak Park with redevelopment potential.
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    • $702,000

      Oak Park Multifamily Redevelopment Opportunity

      Residential zoned property in Oak Park with redevelopment potential.
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    • $449,000
      0.04 Acres

      Oak Park Mixed-Use Investment

      High-traffic location with retail and residential income potential.
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      View Details

    Similar Nearby for Lease

    • $1,250 /Mo

      Oak Park Apartment for Rent

      Apartment with hardwood floors, secured entry, and included utilities.
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      View Details
    • $1,700 /Mo
      1,000 SF

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      Well-maintained 2 bed, 1 bath condo with updated kitchen.
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    • Contact for pricing
      4,740 SF

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      Multi-tenant retail center with high traffic and redevelopment potential.
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      View Details
    • Contact for pricing
      900 SF

      Restaurant Space Near Green Line

      900 SF restaurant space near transportation and schools.
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    • $14 SF/Yr

      Retail or Office Space Available

      Retail or office space for rent with included utilities.
      801 N Harlem Ave, Oak Park, IL 60302
      View Details
    • $10 SF/Yr

      Former Autobody Shop For Rent

      Former autobody shop with open floorplan, high ceilings, overhead door.
      6 North Blvd, Oak Park, IL 60302
      View Details
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    Oak Park, IL 60302-1421
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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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