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    Property profile & analytics

    1650 Elk Blvd Des Plaines, IL 60016

    • Retail space
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 27, 2023
    Location Intelligence
    Property ID
    US28-2364799
    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

    • Retail space

    Property Details for 1650 Elk Blvd

    Year built
    1973
    Lot size
    0.33 lot acres
    Property type
    Retail space
    APN
    09-16-300-113
    APU
    916300113

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8831
    Latitude
    42.0458
    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
    $31,018
    $49,570
    $70,976
    $120,546
    -
    $198,280
    $283,904
    $482,184

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      460 Enw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      460 Enw Hwy, Des Plaines, IL 60016
      View Details
    • Value Estimation by Request
      0.03 Acres

      1216 Enw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.03 Acres
      1216 Enw Hwy, Des Plaines, IL 60016
      View Details
    • Value Estimation by Request
      0.36 Acres

      2471 Ballard Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.36 Acres
      2471 Ballard Rd, Des Plaines, IL 60016
      View Details
    • Value Estimation by Request
      0.17 Acres

      620 Central Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      620 Central Rd, Des Plaines, IL 60016-1028
      View Details
    • Value Estimation by Request
      7.88 Acres

      666 Garland Pl

      STORE, RETAIL OUTLET • 7.88 Acres
      666 Garland Pl, Des Plaines, IL 60016-4725
      View Details
    • Value Estimation by Request
      0.46 Acres

      11 Golf Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
      11 Golf Rd, Des Plaines, IL 60016-2227
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Barber Shop For Sale

      Profitable barber shop with loyal clientele in busy business center.
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      Des Plaines Bank Building - For Sale

      Vacant Bank Building, 2500 SF, Prime Location
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      Established Liquor Store Business Opportunity

      Profitable liquor store business for sale in Des Plaines.
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      2,800 SF

      Turn-Key Restaurant with Drive-Thru

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    Similar Nearby for Lease

    • $18 SF/Yr
      900 SF

      Retail/Dental/Office Space Available

      Former dental space suitable for retail, dental, or office use.
      624-640 W Algonquin Rd, Des Plaines, IL 60016
      View Details
    • $24 SF/Yr
      1,935 SF

      Retail Space with Highway Access

      Retail space with high visibility and immediate highway access.
      1552-1590 Rand Rd, Des Plaines, IL 60016
      View Details
    • $27 SF/Yr
      1,295 SF

      New Retail Space Available

      Recently constructed retail space with ample parking and high visibility.
      9000 W Ballard Rd, Des Plaines, IL 60016
      View Details
    • Contact for pricing

      Des Plaines Commercial Space Available

      Office, retail, or medical space near Metra and downtown.
      770 Lee St, Des Plaines, IL 60016
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    • $25 SF/Yr
      1,800 SF

      Downtown Des Plaines Commercial Building

      1,800 SF commercial building in downtown Des Plaines.
      1577 Ellinwood Ave, Des Plaines, IL 60016
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    • Contact for pricing
      1,379 SF

      Retail Space Near Metra Train

      Retail space in mixed-use development near Des Plaines Metra.
      1555 Ellinwood Ave, Des Plaines, IL 60016
      View Details
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    1650 Elk Blvd
    Des Plaines, IL 60016
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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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