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    Property profile & analytics

    1919 Il Rte 83rd, Unit 2 Round Lake Beach, IL 60073-5108

    • Office buildings
    • 3,050 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2734633
    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

    • Office buildings

    Property Details for 1919 Il Rte 83rd

    Year built
    1987
    Construction
    BRICK
    Lot size
    0.69 lot acres
    Property size
    3,050 SF
    Property type
    Office buildings
    APN
    06-15-101-015
    APU
    615101015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.0622
    Latitude
    42.3827
    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
    $16,354
    $70,591
    $76,727
    $147,318
    -
    $211,794
    $230,204
    $441,998

    Comparable in this City

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      430 Cedar Lk Rd

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      433 Washington St

      OFFICE BUILDING • 10,348 SF
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      528 SF

      418 Avilon Ave

      OFFICE BUILDING • 528 SF
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      1,821 SF

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      0.11 Acres

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      9.86 Acres For Sale

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    • $1,800,000
      1.82 Acres

      Prime Commercial Property on Milwaukee

      1.82 acres with office, shops, and fenced yard.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
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    • $1,800,000
      1.82 Acres

      Commercial Property on Milwaukee Avenue

      1.82 acre commercial property with frontage on Milwaukee Avenue.
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    • New
      Contact for pricing
      0.10 Acres

      Residential Vacant Lot For Sale

      Vacant residential lot near parks, shopping, and dining.
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    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Round Lake Beach

      Built-out office space with frontage on Milwaukee Avenue.
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      Round Lake Beach Commercial Property

      Commercial property in Round Lake Beach with office and fenced yard.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
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      Elegant Townhome with Private Deck

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    Round Lake Beach, IL 60073-5108
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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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