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    Property profile & analytics

    2500 Devon Ave Ste, Unit 250 Des Plaines, IL 60018-4908

    • Retail space
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 01, 2023
    Location Intelligence
    Property ID
    US28-3387457
    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

    • Retail space

    Property Details for 2500 Devon Ave Ste

    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    09-34-300-044
    APU
    934300044

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8647
    Latitude
    41.9962
    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
    $127,637
    $202,626
    $293,409
    $496,035
    -
    $810,504
    $1,173,636
    $1,984,140

    Comparable in this City

    • Value Estimation by Request
      5.64 Acres

      2200 Devon Ave Ste, Unit 314

      STORE, RETAIL OUTLET • 5.64 Acres
      2200 Devon Ave Ste, Des Plaines, IL 60018-4510
      View Details
    • Value Estimation by Request

      9811 Balmoral Ave

      STORE, RETAIL OUTLET
      9811 Balmoral Ave, Rosemont, IL 60018
      View Details
    • Value Estimation
      $3,025,000
      0.60 Acres

      2777 Mannheim Rd

      STORE, RETAIL OUTLET • 0.60 Acres
      2777 Mannheim Rd, Des Plaines, IL 60018-3602
      View Details
    • Value Estimation
      $475,000
      1.77 Acres

      2100 Clearwater Dr

      STORE, RETAIL OUTLET • 1.77 Acres
      2100 Clearwater Dr, Des Plaines, IL 60018-1918
      View Details
    • Value Estimation by Request
      5.54 Acres

      2720 Riv Rd

      STORE, RETAIL OUTLET • 5.54 Acres
      2720 Riv Rd, Des Plaines, IL 60018-4106
      View Details
    • Value Estimation by Request

      Des Plaines, IL 60018

      STORE, RETAIL OUTLET
      Des Plaines, IL 60018
      View Details

    Similar Nearby for Sale

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      Turnkey Restaurant Opportunity For Sale

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    • Contact for pricing
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      High-traffic location, redevelopment opportunity.
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      Retail Property in Des Plaines

      Retail property available for sale in Des Plaines, Illinois.
      1617 E Oakton St, Des Plaines, IL 60018
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      Freestanding Raising Cane's Restaurant

      Single-tenant Raising Cane's on NNN ground lease.
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    Similar Nearby for Lease

    • Contact for pricing
      9,583 SF

      Retail Space on Oakton Street

      Street-level commercial space in a busy Des Plaines corridor.
      1673 E Oakton St, Des Plaines, IL 60018
      View Details
    • Contact for pricing
      1,625 SF

      Retail Space in Community Center

      Retail space in major community center with high traffic.
      1555-1591 Lee St, Des Plaines, IL 60018
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    • $22 SF/Yr
      1,504 SF

      Retail Space Near Highway 294

      Highly visible retail center with ample parking and pylon sign.
      1926 S River Rd, Des Plaines, IL 60018
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    • Contact for pricing
      2,250 SF

      Retail Space in Community Center

      Retail space available in a high-traffic community center.
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    • $12 SF/Yr
      6,000 SF

      Des Plaines Retail Space For Lease

      6,000 sq ft Flex Space, High Visibility
      1530 Lee St, Des Plaines, IL 60018
      View Details
    • Contact for pricing
      3,600 SF

      Oak Leaf Commons Retail Space

      Grocery-anchored center; two spaces available.
      1500 Lee St, Des Plaines, IL 60018
      View Details
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    2500 Devon Ave Ste, Unit 250
    Des Plaines, IL 60018-4908
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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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