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    Property profile & analytics

    206 George St Itasca, IL 60143

    • Commercial real estate
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2699625
    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

    • Commercial real estate

    Property Details for 206 George St

    Lot size
    1.21 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.21-acre residential lot in Itasca, Illinois, presents a unique development opportunity. Located at 206 East George Street, the property boasts 196 feet of frontage on George Street and a depth of 268 feet. Currently zoned for single-family residential use (SINGL), this land offers significant potential. The property is being sold "as is," although the seller is open to discussing the possibility of selling individual lots from a potential three-lot subdivision. Public improvements are needed to facilitate this subdivision. The location is ideal, offering a secluded feel while remaining conveniently close to downtown Itasca, the Metra, schools, restaurants, churches, and expressways. Adjacent to a forest preserve, this property provides a tranquil setting with easy access to urban amenities. The asking price for this remarkable parcel is $624,900. This is a perfect opportunity for builders and developers seeking a prime location in a desirable area. The property is situated in DuPage County, Illinois, with a zip code of 60143. Buyers are encouraged to conduct their own due diligence regarding potential subdivision and necessary public improvements.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Itasca
    County
    DuPage
    State
    Illinois
    Longitude
    -88.01208482564
    Latitude
    41.963361391642

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    206 George St
    Itasca, IL 60143
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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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