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    1319 Wn Ave Melrose Park, IL 60160-1518
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    Property profile & analytics

    1319 Wn Ave, Melrose Park, IL 60160-1518

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    • Retail space
    • 4,906 SF
    • 0.73 lot acres
    Off-Market
    Last Sale Apr 10, 2024
    Property ID
    US28-0346982
    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.

    Value Estimations
    $1,190,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1319 Wn Ave

    Year built
    1984
    Lot size
    0.73 lot acres
    Property type
    Retail space
    APN
    12-34-405-021
    APU
    1234405021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 6, 2024 — 1319 North Ave LLC — Deed · related $800k · Itasca Bank & Trust Co
    Apr 10, 2024 — Andys Frozen Custard Sotres LLC 1319 North Ave LLC Lease $1.1M · Oakstar Bank NA
    Nov 23, 2021 — 1319 North Ave LLC — Deed · related $650k · Itasca Bank & Trust Co
    Nov 10, 2021 — 1319 North Ave LLC George Andrews Quit Claim Deed · related —
    Jan 18, 2002 $1,651,500 George Andrews Captec Vri LLC Grant Deed $1M · Village Bk & Tr Arlington Hts
    Jun 13, 2001 $1,364,000 Captec Vri LLC Vicorp Restaurants INC Grant Deed $13.7M · Heller Financial Leasing INC
    — — John Andrews — Deed Of Trust · related $945k · Harris NA
    — — John Andrews — Loan Modification · related $787k · Northern Tr
    — — Andrews,john & George — Deed Of Trust · related $885k · Northern Tr

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,135,000
      6.5%
      $1,050,000
      7%
      $975,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,250,000
      Market price range: $343k - $1.33M
      AI Estimate
      $1,274,000
      Market price range: $265k - $1.27M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $730,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,075,000
      Change: +47% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8493
    Latitude
    41.9087
    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
    $75,198
    $111,181
    $117,382
    $228,563
    -
    $444,724
    $469,528
    $914,252
    More about this property
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