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    Property profile & analytics

    2531 Desplaines Ave North Riverside, IL 60546-1521

    • Commercial real estate
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    May 10, 2023
    $325,000
    Location Intelligence
    Property ID
    US28-2819341
    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

    • ATM / Atm
    • Sweet Spot Inc / Bar & Grill / Bar

    Property Details for 2531 Desplaines Ave

    Year built
    1984
    Lot size
    0.07 lot acres
    Property type
    Commercial real estate
    APN
    15-25-125-011
    APU
    1525125011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Riverside
    County
    Cook
    State
    Illinois
    Longitude
    -87.8226
    Latitude
    41.8435
    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
    $4,270
    $12,695
    $157
    $12,852
    -
    $50,780
    $628
    $51,408

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      8537 Cermak Rd

      COMMERCIAL (GENERAL) • 0.07 Acres
      8537 Cermak Rd, North Riverside, IL 60546
      View Details
    • Value Estimation by Request
      81.72 Acres

      2520 Desplaines Ave

      COMMERCIAL (GENERAL) • 81.72 Acres
      2520 Desplaines Ave, North Riverside, IL 60546-1571
      View Details
    • Value Estimation by Request
      0.07 Acres

      3722 Harlem Ave

      COMMERCIAL (GENERAL) • 0.07 Acres
      3722 Harlem Ave, Riverside, IL 60546-2312
      View Details
    • Value Estimation
      $165,000
      0.06 Acres

      8709 Cermak Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      8709 Cermak Rd, North Riverside, IL 60546-1128
      View Details
    • Value Estimation
      $755,000
      0.09 Acres

      2600 Desplaines Ave

      COMMERCIAL (GENERAL) • 0.09 Acres
      2600 Desplaines Ave, North Riverside, IL 60546-1507
      View Details
    • Value Estimation
      $275,000
      0.14 Acres

      105 Burlington St

      COMMERCIAL (GENERAL) • 0.14 Acres
      105 Burlington St, Riverside, IL 60546-2146
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.32 Acres

      Prime Beardstown Commercial Land

      1.32 Acres, C-2 Zoning, Walmart Outlot
      100 Lincoln Ave, Riverside, IL 60546
      View Details
    • $375,000

      Versatile Commercial Space on Cermak

      High-visibility commercial space ideal for resale shops or offices.
      8607 W Cermak Rd, North Riverside, IL 60546
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,404,848 SF

      North Riverside Retail Space Available

      Prime Retail Space, Multiple Units Available
      7501 Cermak Rd, North Riverside, IL 60546
      View Details
    • Contact for pricing
      1,311 SF

      Retail Space Near Costco

      Former restaurant and salon space with high visibility.
      2518 Harlem Ave, Riverside, IL 60546
      View Details
    • Contact for pricing
      10,000 SF

      Prime Retail Location Available

      Outlot for ground lease or build-to-suit in North Riverside.
      7385 Cermak Rd, North Riverside, IL 60546
      View Details
    • Contact for pricing
      3,850 SF

      Retail Space on Cermak Road

      Retail space with high visibility near Route 171.
      8300-8360 W Cermak Rd, Riverside, IL 60546
      View Details
    • Contact for pricing
      9,704 SF

      Retail Space in North Riverside

      Community shopping center with national tenants and high traffic.
      7401 W 24Th St, North Riverside, IL 60546
      View Details
    • $24 SF/Yr
      4,769 SF

      Cermak Road Retail Space Available

      High-traffic retail space in North Riverside, IL
      8300 Cermak Rd, North Riverside, IL 60546
      View Details
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    North Riverside, IL 60546-1521
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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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