Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    22328 Governors Hwy Richton Park, IL 60471

    • Community centers
    • 4.89 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 15, 2024
    Location Intelligence
    Property ID
    US28-0963246
    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

    • Community centers

    Property Details for 22328 Governors Hwy

    Year built
    1972
    Lot size
    4.89 lot acres
    Property type
    Community centers
    APN
    31-34-206-013
    APU
    3134206013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richton Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7144
    Latitude
    41.4832
    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
    $118,973
    $186,482
    $22,070
    $208,552
    -
    $745,928
    $88,280
    $834,208

    Comparable in this City

    • Value Estimation
      $440,000
      5.86 Acres

      22352 Governors Hwy

      MINI-MALL • 5.86 Acres
      22352 Governors Hwy, Richton Park, IL 60471
      View Details
    • Value Estimation
      $1,000,000
      4.44 Acres

      22204 Governors Hwy

      MINI-MALL • 4.44 Acres
      22204 Governors Hwy, Richton Park, IL 60471
      View Details
    • Value Estimation by Request
      1.07 Acres

      22048 Governors Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1.07 Acres
      22048 Governors Hwy, Richton Park, IL 60471-1264
      View Details
    • Value Estimation by Request
      0.43 Acres

      3744 Sauk Trl

      RETAIL STORES (PERSONAL SERVICES) • 0.43 Acres
      3744 Sauk Trl, Richton Park, IL 60471-1404
      View Details
    • Value Estimation by Request
      0.07 Acres

      3707 Sauk Trl

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      3707 Sauk Trl, Richton Park, IL 60471-1403
      View Details
    • Value Estimation by Request
      0.24 Acres

      3700 Sauk Trl, Unit 40

      RETAIL STORES (PERSONAL SERVICES) • 0.24 Acres
      3700 Sauk Trl, Richton Park, IL 60471
      View Details

    Similar Nearby for Sale

    • $385,000
      8,467 SF

      Richton Park Retail Investment

      8,467 SF Multi-Tenant Retail Building
      3911 Sauk Trl, Richton Park, IL 60471
      View Details
    • Contact for pricing

      Land Ready For Dream Home

      Land available for building a dream home in Richton Park.
      22427 Karlov Ave, Richton Park, IL 60471
      View Details
    • $429,900
      17.21 Acres

      Richton Park Land for Development

      17.21 acres for single-family homes development in Richton Park.
      22600 Karlov Ave, Richton Park, IL 60471
      View Details
    • $64,500
      2.76 Acres

      2.76 Acres for Home Development

      2.76 acres of land suitable for building several homes.
      22320 Karlov Ave, Richton Park, IL 60471
      View Details
    • Contact for pricing

      Land Ready For Dream Home

      Land available for building a dream home in Richton Park.
      22449 Karlov Ave, Richton Park, IL 60471
      View Details
    • $59,900
      2.70 Acres

      Richton Park Land Opportunity

      2.76 acres of land suitable for building several homes.
      22501 Karlov Ave, Richton Park, IL 60471
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22328 Governors Hwy
    Richton Park, IL 60471
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.