Individually Owned Property summary
This exceptional 4,572 square foot retail property, located at 217-219 N Walnut St in Itasca, IL, presents a unique investment opportunity. Situated on a 0.2-acre lot in the heart of the Downtown Itasca North District, this single-tenant building boasts 14 parking spaces and is conveniently located just one block from the Metra station. Built in 1968, the one-story structure is constructed of durable brick and concrete block, and is zoned for Downtown Itasca North TIF District uses. The… property is ideally suited for a food service establishment, restaurant, bar, or lounge, aligning perfectly with the Village of Itasca's strategic downtown plan. This prime location benefits from its proximity to O'Hare Airport (10 minutes), major expressways, and a thriving business community, including prominent corporate campuses such as Hamilton Lakes and the American Academy of Pediatrics. The surrounding neighborhood is walkable and features a mix of historic and modern homes. The Village of Itasca has undertaken significant investments in new construction projects, further enhancing the area's appeal and potential for growth. This property represents a chance to establish a business in a strong, established community with a rich history dating back to 1841. The property is currently vacant and ready for immediate occupancy. Interested parties should review the available Request for Proposals (RFP) for complete details and timelines.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 42 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,605 SF
- Lot area
- 0.26 ac
- Year built
- 1968
- APN
- 03-08-121-014
- Zoning
- C
- Assessed value · 2023
- $172,500
- Annual tax · 2023
- $12,436
- Retail Stores
- Office Building
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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