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    Property profile & analytics

    21050 Matteson Ave Matteson, IL 60443-2103

    • Motels
    • 2.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 17, 2024
    $45,000
    Location Intelligence
    Property ID
    US28-5669610
    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

    • Quality Inn & Suites Matteson near I-57 / Hotel

    Property Details for 21050 Matteson Ave

    Year built
    1986
    Lot size
    2.84 lot acres
    Property type
    Motels
    APN
    31-21-202-027
    APU
    3121202027

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Matteson
    County
    Cook
    State
    Illinois
    Longitude
    -87.7373
    Latitude
    41.5073
    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
    $230,898
    $185,490
    $245,759
    $431,249
    -
    $741,960
    $983,036
    $1,724,996

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      21609 Governors Hwy

      MOTEL • 0.41 Acres
      21609 Governors Hwy, Matteson, IL 60443-2629
      View Details
    • Value Estimation by Request
      0.25 Acres

      21609 Governors Hwy

      MOTEL • 0.25 Acres
      21609 Governors Hwy, Matteson, IL 60443-2629
      View Details
    • Value Estimation
      $6,340,000
      2.35 Acres

      5210 Southwick Dr

      MOTEL • 2.35 Acres
      5210 Southwick Dr, Matteson, IL 60443-2256
      View Details
    • Value Estimation
      $1,400,000
      0.25 Acres

      21609 Governors Hwy

      MOTEL • 0.25 Acres
      21609 Governors Hwy, Matteson, IL 60443-2629
      View Details
    • Value Estimation
      $1,120,000
      6.38 Acres

      500 Holiday Inn Plz

      MOTEL • 6.38 Acres
      500 Holiday Inn Plz, Matteson, IL 60443
      View Details
    • Value Estimation by Request
      0.41 Acres

      21609 Governors Hwy

      MOTEL • 0.41 Acres
      21609 Governors Hwy, Matteson, IL 60443-2629
      View Details

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    Similar Nearby for Lease

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      Southwick Corporate Park Offices

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      View Details
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      Crossroads Plaza Retail Endcap

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    • $14 SF/Yr
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      Class A Matteson Office Building

      130,000 SF Office Space Available
      600 Holiday Plaza Dr, Matteson, IL 60443
      View Details
    • Contact for pricing
      7,731 SF

      Former Restaurant Space Available

      Equipped former restaurant space for sale, lease, or build-to-suit.
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    • $16 SF/Yr
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      Lincoln Center Office Suites

      Class A Office Space in Matteson, IL
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      View Details
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    Matteson, IL 60443-2103
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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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