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

    250 83rd St Chicago, IL 60620-1703

    • Banks
    • 69,100 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 16, 2024
    $3,000,000
    Location Intelligence
    Property ID
    US28-0587590
    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

    • Bank of America (with Drive-thru ATM) / Bank / Financial Consultant
    • Bank of America ATM (Drive-thru) / Financial Consultant / Financial Planner

    Property Details for 250 83rd St

    Year built
    1952
    Lot size
    0.89 lot acres
    Property size
    69,100 SF
    Property type
    Banks
    APN
    20-33-224-024
    APU
    2033224024

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6311
    Latitude
    41.7438
    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
    $52,038
    $87,651
    $165,349
    $253,000
    -
    $350,604
    $661,396
    $1,012,000

    Comparable in this City

    • Value Estimation
      $985,000
      42,800 SF

      821 79th St

      FINANCIAL BUILDING • 42,800 SF
      821 79th St, Chicago, IL 60620
      View Details
    • Value Estimation by Request
      0.23 Acres

      233 87th St

      FINANCIAL BUILDING • 0.23 Acres
      233 87th St, Chicago, IL 60620-1306
      View Details
    • Value Estimation by Request
      1,000 SF

      1806 87th St

      FINANCIAL BUILDING • 1,000 SF
      1806 87th St, Chicago, IL 60620
      View Details
    • Value Estimation
      $3,710,000
      0.95 Acres

      8301 Stewart Ave

      FINANCIAL BUILDING • 0.95 Acres
      8301 Stewart Ave, Chicago, IL 60620
      View Details
    • Value Estimation by Request
      3,600 SF

      8142 Ashland Ave

      FINANCIAL BUILDING • 3,600 SF
      8142 Ashland Ave, Chicago, IL 60620
      View Details
    • Value Estimation
      $605,000
      15,200 SF

      9423 Ashland Ave

      FINANCIAL BUILDING • 15,200 SF
      9423 Ashland Ave, Chicago, IL 60620
      View Details

    Similar Nearby for Sale

    • $480,000
      6,000 SF

      Mixed-Use Building on Corner Lot

      Well-maintained 8-unit mixed-use building with retail and residential units.
      1656 W 79Th St, Chicago, IL 60620
      View Details
    • $900,000
      3,123 SF

      Retail Building with Parking

      Retail building with parking, security features, and high visibility.
      1309 E 87Th St, Chicago, IL 60620
      View Details
    • $200,000
      0.07 Acres

      Chicago Mixed-Use Investment Opportunity

      Two-unit building with retail and residential income potential.
      1651 W 79Th St, Chicago, IL 60620
      View Details
    • New
      $885,000
      0.45 Acres

      West Chatham Retail Investment Opportunity

      Partially occupied retail center in Chicago's West Chatham neighborhood.
      301 W 79Th St, Chicago, IL 60620
      View Details
    • $100,000
      Pending

      High-Visibility Retail Space in Chicago

      Retail space in high-traffic area, ideal for consumer business.
      1158 W 87Th St, Chicago, IL 60620
      View Details
    • $4,225,000
      14,490 SF

      Calumet Park Walgreens For Sale

      NNN lease with 11.5+ years remaining in Calumet Park.
      12854 S Ashland Ave, Calumet Park, IL 60620
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,181 SF

      Retail Space on 79th Street

      New construction retail space with high visibility and frontage.
      1642 W 79Th St, Chicago, IL 60620
      View Details
    • New
      Contact for pricing

      Auburn Gresham Commercial Space Available

      Prime 1,800 sq.ft. space ideal for retail or office use.
      1710 W 79Th St, Chicago, IL 60620
      View Details
    • $10 SF/Yr
      3,600 SF

      Retail Space with I-57 Visibility

      Retail space in community center visible from I-57.
      13053-13085 S Ashland Ave, Calumet Park, IL 60620
      View Details
    • Contact for pricing

      Retail Space in High Traffic

      Commercial space in high-traffic area near shops.
      S Ashland Ave, Chicago, IL 60620
      View Details
    • $23 SF/Yr
      4,200 SF

      Chicago Retail Space For Rent

      Retail space available for lease in Chicago, Illinois.
      11614-11730 S Marshfield Ave, Chicago, IL 60620
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space in Chicago Outlot

      Retail space available for lease in a shopping center.
      700 E 87Th St, Chicago, IL 60620
      View Details

    Property Visit Statistics

    • Visits by month
      18.3k
    • Visitors by month
      11.0k
    • Avg Time on site
      9 min
    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.
    250 83rd St
    Chicago, IL 60620-1703
    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.