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    Property profile & analytics

    2601 98Th St Evergreen Park, IL 60805

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5887268
    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

    • Commercial real estate

    Property Details for 2601 98Th St

    Property type
    Commercial real estate

    Description

    This exceptional offering presents two adjacent residential lots located at 2601 and 2605 W 98th St, Evergreen Park, IL 60805, in Cook County. Each lot is priced at $55,000, and they are available for purchase individually or as a package deal. These properties provide a unique opportunity for developers seeking to construct two luxury homes or for individuals wishing to build their ideal residence from the ground up. The lots are situated in a tranquil neighborhood, yet conveniently located within minutes of hospitals, grocery stores, and shopping centers. Architectural drawings are available for serious buyers, providing a head start on the design and construction process. The combined purchase offers significant potential for creating a unique and valuable property portfolio. Don't miss this chance to acquire prime real estate in the desirable Evergreen Park community. The lots are zoned for residential use and are ready for immediate development. This is a rare opportunity to secure land in a highly sought-after location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.687161
    Latitude
    41.715183

    Comparable in this City

    • New
      $1,570,000

      Evergreen Park Multifamily Investment

      16-unit building with potential for rent increases.
      3011 W 87Th St, Evergreen Park, IL 60805
      View Details
    • $535,000
      0.07 Acres

      Evergreen Park Mixed-Use Building

      Two-unit commercial building with storefront and remodeled apartment.
      3837 W 95Th St, Evergreen Park, IL 60805
      View Details
    • $515,000
      4,854 SF

      Evergreen Park Mixed-Use Investment

      Three-story mixed-use building with apartments and retail in Evergreen Park.
      9250 S Kedzie Ave, Evergreen Park, IL 60805
      View Details
    • $425,000
      0.10 Acres

      Mixed-Use Property with Liquor License

      Mixed-use property featuring retail space, apartment, and liquor license.
      3408 W 95Th St, Evergreen Park, IL 60805
      View Details
    • $595,000

      Commercial Land on Kedzie Avenue

      Commercial land with excellent frontage along Kedzie Avenue.
      9601 S Kedzie Ave, Evergreen Park, IL 60805
      View Details
    • $249,000

      Land in Evergreen Park, IL

      23,150 square foot commercial land for sale.
      9100 S Kedzie Ave, Evergreen Park, IL 60805
      View Details

    Similar Nearby for Sale

    • New
      $1,570,000

      Evergreen Park Multifamily Investment

      16-unit building with potential for rent increases.
      3011 W 87Th St, Evergreen Park, IL 60805
      View Details
    • $425,000
      0.10 Acres

      Mixed-Use Property with Liquor License

      Mixed-use property featuring retail space, apartment, and liquor license.
      3408 W 95Th St, Evergreen Park, IL 60805
      View Details
    • $535,000
      0.07 Acres

      Evergreen Park Mixed-Use Building

      Two-unit commercial building with storefront and remodeled apartment.
      3837 W 95Th St, Evergreen Park, IL 60805
      View Details
    • $515,000
      4,854 SF

      Evergreen Park Mixed-Use Investment

      Three-story mixed-use building with apartments and retail in Evergreen Park.
      9250 S Kedzie Ave, Evergreen Park, IL 60805
      View Details
    • Contact for pricing

      Exterior Parking Space For Sale

      Exterior parking space available for purchase.
      8701 S Mozart Ave, Evergreen Park, IL 60805
      View Details
    • $595,000

      Commercial Land on Kedzie Avenue

      Commercial land with excellent frontage along Kedzie Avenue.
      9601 S Kedzie Ave, Evergreen Park, IL 60805
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr

      Renovated Office with Studio Apartment

      Renovated office building with parking and rear studio apartment.
      3923 W 95Th St, Evergreen Park, IL 60805
      View Details
    • $19 SF/Yr
      120,000 SF

      Evergreen Park Office Building

      120,000 SF Class A Office Space
      9730 Western Ave, Evergreen Park, IL 60805
      View Details
    • Contact for pricing
      2,590 SF

      Retail Space in Evergreen Park

      Retail space available in a dominant power center.
      9542 S Western Ave, Evergreen Park, IL 60805
      View Details
    • Contact for pricing
      4,300 SF

      Retail Space in Evergreen Park

      Dominant power center in a densely populated area.
      9550-9700 S Western Ave, Evergreen Park, IL 60805
      View Details
    • Contact for pricing
      792 SF

      Meijer In-Store Retail Space

      Evergreen Park, IL Retail Opportunity
      9200 Western Ave, Evergreen Park, IL 60805
      View Details
    • $25 SF/Yr
      2,500 SF

      2525 95Th St

      Individual retail properties
      2525 95Th St, Evergreen Park, IL 60805
      View Details
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    2601 98Th St
    Evergreen Park, IL 60805
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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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