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    Property profile & analytics

    2416 77th Ave Elmwood Park, IL 60707-2290

    • Residential income homes
    • 3,438 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Feb 28, 2020
    $311,000
    Location Intelligence
    Property ID
    US28-2766257
    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

    • Residential income homes

    Property Details for 2416 77th Ave

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    3,438 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    12-25-330-056
    APU
    1225330056

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $335,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $315,000
      Mixed-Use
      $370,000
      Hospitality
      $350,000
      Educational
      $325,000
      Residential Income
      $350,000
      Energy
      $370,000
      Income-Based Land
      $370,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8188
    Latitude
    41.9239
    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
    $12,210
    $5,224
    $39,775
    $44,999
    -
    $52,240
    $397,750
    $449,990

    Comparable in this City

    • Value Estimation by Request
      4,001 SF

      2026 Harlem Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,001 SF
      2026 Harlem Ave, Elmwood Park, IL 60707-3741
      View Details
    • Value Estimation by Request
      5,250 SF

      2530 Harlem Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,250 SF
      2530 Harlem Ave, Elmwood Park, IL 60707-2083
      View Details
    • Value Estimation by Request
      3,225 SF

      7713 Fullerton Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,225 SF
      7713 Fullerton Ave, Elmwood Park, IL 60707-2504
      View Details
    • Value Estimation by Request
      2,840 SF

      7416 Grand Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,840 SF
      7416 Grand Ave, Elmwood Park, IL 60707-1909
      View Details
    • Value Estimation by Request
      3,600 SF

      7428 Wn Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,600 SF
      7428 Wn Ave, Elmwood Park, IL 60707-4238
      View Details
    • Value Estimation by Request
      1,806 SF

      2931 75th Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,806 SF
      2931 75th Ave, Elmwood Park, IL 60707-1163
      View Details

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    Similar Nearby for Lease

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      Retail Center Development Opportunity

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      Retail space with excellent exposure and longstanding tenancy.
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      Office Space in Chicago

      Office space with parking and expansion potential in Chicago.
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    • $349,000
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      Refrigerated Warehouse Space Available

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      View Details
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    2416 77th Ave
    Elmwood Park, IL 60707-2290
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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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