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    Property profile & analytics

    15218 Martin Luther King Jr Dr Dolton, IL 60419-2546

    • Garden apartment buildings
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 10, 2023
    Location Intelligence
    Property ID
    US28-2737191
    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

    • Garden apartment buildings

    Property Details for 15218 Martin Luther King Jr Dr

    Year built
    1968
    Lot size
    0.06 lot acres
    Property type
    Garden apartment buildings
    APN
    29-10-310-034
    APU
    2910310034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dolton
    County
    Cook
    State
    Illinois
    Longitude
    -87.6078
    Latitude
    41.6184
    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
    $8,826
    $1,690
    $11,397
    $13,087
    -
    $16,900
    $113,970
    $130,870

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      15044 Martin Luther King Jr Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.26 Acres
      15044 Martin Luther King Jr Dr, Dolton, IL 60419-2551
      View Details
    • Value Estimation by Request
      0.08 Acres

      15212 Martin Luther King Jr Dr

      GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
      15212 Martin Luther King Jr Dr, Dolton, IL 60419-2525
      View Details
    • Value Estimation by Request
      0.56 Acres

      15301 17th S Chicago Rd

      GARDEN APT, COURT APT (5+ UNITS) • 0.56 Acres
      15301 17th S Chicago Rd, Dolton, IL 60419
      View Details
    • Value Estimation
      $3,515,000
      0.51 Acres

      454 Claire Ln

      GARDEN APT, COURT APT (5+ UNITS) • 0.51 Acres
      454 Claire Ln, Dolton, IL 60419
      View Details
    • Value Estimation
      $2,520,000
      7,394 SF

      14540 Cottage Grv Ave

      GARDEN APT, COURT APT (5+ UNITS) • 7,394 SF
      14540 Cottage Grv Ave, Dolton, IL 60419-1871
      View Details
    • Value Estimation
      $3,535,000
      0.34 Acres

      14251 Pennsylvania Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.34 Acres
      14251 Pennsylvania Ave, Dolton, IL 60419-1170
      View Details

    Similar Nearby for Sale

    • New
      $120,000

      Two Homes on One Lot

      Two detached single-family homes on one lot with income potential.
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      0.11 Acres

      Renovated Four-Unit Income Property

      Updated four-unit property in Dolton, Illinois, with potential cash flow.
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    • New
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      0.52 Acres

      Dolton Car Wash on Sibley

      Newer car wash on Sibley Blvd near Metra station.
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    • $695,000
      9,500 SF

      Former Funeral Home with Apartment

      Turn-key funeral home with apartment and alternative use potential.
      15801 Cottage Grove Ave, Dolton, IL 60419
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      Prime Dolton Retail Opportunity

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      5,500 SF

      Dolton Restaurant & Real Estate

      Established Restaurant, Turnkey Opportunity
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      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      51,000 SF

      Retail Space in Dolton

      Retail spaces available in neighborhood center with high traffic.
      1024-1048 Sibley Blvd, Dolton, IL 60419
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in Dolton, IL

      Retail space available in multi-tenant center on Sibley Boulevard.
      15101 Woodlawn Ave, Dolton, IL 60419
      View Details
    • $22 SF/Yr
      40,892 SF

      Sibley Crossing Retail Spaces

      Dolton, IL Retail Center - High Traffic!
      1205 Sibley Blvd, Dolton, IL 60419
      View Details
    • $10 SF/Yr
      50,000 SF

      Dolton Plaza Retail Space

      High-Visibility Retail Space in Dolton, IL
      1024 Sibley Blvd, Dolton, IL 60419
      View Details
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    15218 Martin Luther King Jr Dr
    Dolton, IL 60419-2546
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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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