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    Property profile & analytics

    16247 Wausau Ave South Holland, IL 60473-2157

    • Commercial land
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 18, 2023
    $185,000
    Location Intelligence
    Property ID
    US28-1240011
    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

    • Harvey Family Center: Brown Latanya DDS / Dentist
    • Prestige Salon Suites / Beauty Salon

    Property Details for 16247 Wausau Ave

    Lot size
    0.11 lot acres
    Property type
    Commercial land
    APN
    29-22-103-020
    APU
    2922103020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Holland
    County
    Cook
    State
    Illinois
    Longitude
    -87.6095
    Latitude
    41.5996
    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
    $2,615
    $4,362
    $0.00
    $4,362
    -
    $17,448
    $0.00
    $17,448

    Comparable in this City

    • Value Estimation by Request
      2.50 Acres

      1 Sibley Blvd

      Land • 2.50 Acres
      1 Sibley Blvd, South Holland, IL 60473
      View Details
    • Value Estimation by Request
      2.50 Acres

      1 Sibley Blvd

      Land • 2.50 Acres
      1 Sibley Blvd, South Holland, IL 60473
      View Details
    • Value Estimation by Request
      6,500 SF

      239 162Nd St

      Automotive properties • 6,500 SF
      239 162Nd St, South Holland, IL 60473
      View Details
    • Value Estimation by Request
      0.08 Acres

      15726 Park Ave

      RESIDENTIAL PARKING GARAGE • 0.08 Acres
      15726 Park Ave, South Holland, IL 60473-1503
      View Details
    • Value Estimation by Request
      0.03 Acres

      15503 Park Ln

      RESIDENTIAL PARKING GARAGE • 0.03 Acres
      15503 Park Ln, South Holland, IL 60473-1368
      View Details
    • Value Estimation by Request
      0.94 Acres

      17211 Paxton Ave

      INDUSTRIAL (GENERAL) • 0.94 Acres
      17211 Paxton Ave, South Holland, IL 60473
      View Details

    Similar Nearby for Sale

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    • $575,000
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      South Holland Industrial Property

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    Similar Nearby for Lease

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      108,900 SF

      South Holland Commercial Land for Lease

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      149,456 SF

      South Holland Warehouse Space Available

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    • $4,400 /Mo
      3,094 SF

      Adaptable Space in South Holland

      Office, showroom, or mixed-use space with ample parking.
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      New Retail Space Available

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    16247 Wausau Ave
    South Holland, IL 60473-2157
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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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