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    Property profile & analytics

    162 Myrtle Ave, Unit 102 Villa Park, IL 60181-5504

    • Office buildings
    • 789 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US28-2706459
    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

    • TRiP LOGISTICS GROUP / Logistics Service

    Property Details for 162 Myrtle Ave

    Year built
    1927
    Lot size
    0.21 lot acres
    Property size
    789 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    06-10-127-002
    APU
    610127002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Villa Park
    County
    Dupage
    State
    Illinois
    Longitude
    -87.971
    Latitude
    41.8869
    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
    2023
    $1,910
    $3,420
    $20,970
    $24,390
    -
    $10,260
    $62,910
    $73,170

    Comparable in this City

    • Value Estimation by Request
      5,134 SF

      53 Saint Charles Rd

      OFFICE BUILDING • 5,134 SF
      53 Saint Charles Rd, Villa Park, IL 60181-2465
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    • Value Estimation by Request
      1,545 SF

      128 Saint Charles Rd

      OFFICE BUILDING • 1,545 SF
      128 Saint Charles Rd, Villa Park, IL 60181-2426
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    • Value Estimation by Request
      354,364 SF

      1901 Meyers Rd

      OFFICE BUILDING • 354,364 SF
      1901 Meyers Rd, Oakbrook Terrace, IL 60181-5243
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    • Value Estimation by Request
      660 SF

      160 Myrtle Ave, Unit 101

      OFFICE BUILDING • 660 SF
      160 Myrtle Ave, Villa Park, IL 60181-5505
      View Details
    • Value Estimation by Request
      1,768 SF

      134 Saint Charles Rd

      OFFICE BUILDING • 1,768 SF
      134 Saint Charles Rd, Villa Park, IL 60181-2417
      View Details
    • Value Estimation
      $420,000
      1,379 SF

      1st Smt Ave

      OFFICE BUILDING • 1,379 SF
      1st Smt Ave, Oakbrook Terrace, IL 60181-3984
      View Details

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      Commercial property in thriving business district with expressway access.
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    Similar Nearby for Lease

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    • $14 SF/Yr
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      Oakbrook Terrace Office Space

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    • New
      Contact for pricing

      Villa Park First Floor Office

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    • $24 SF/Yr
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    • $32 SF/Yr
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      Oakbrook Terrace Office Space Available

      Office space for rent with on-site amenities and parking.
      17W110 22Nd St, Oakbrook Terrace, IL 60181
      View Details
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    162 Myrtle Ave, Unit 102
    Villa Park, IL 60181-5504
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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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