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    2772 Skokie Vly Rd Highland Park, IL 60035-1043

    • Automotive properties
    • 5,684 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US28-2409801
    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

    • M and I Motors / Car Dealer
    • Gravity Autos Chicago / Car Dealer / Used Car Dealer

    Property Details for 2772 Skokie Vly Rd

    Year built
    1958
    Construction
    BRICK
    Lot size
    1.04 lot acres
    Property size
    5,684 SF
    Property type
    Automotive properties
    APN
    16-16-400-002
    APU
    1616400002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $540,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $515,000
      Mixed-Use
      $580,000
      Hospitality
      $600,000
      Educational
      $590,000
      Residential Income
      $490,000
      Energy
      $500,000
      Income-Based Land
      $655,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8354
    Latitude
    42.2032
    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
    2023
    $24,043
    $128,775
    $229,357
    $358,132
    -
    $386,364
    $688,140
    $1,074,504

    Comparable in this City

    • Value Estimation by Request
      27,511 SF

      1350 Park W Ave

      VEHICLE SALES, RENTALS • 27,511 SF
      1350 Park W Ave, Highland Park, IL 60035-2207
      View Details
    • Value Estimation
      $8,815,000
      25,418 SF

      2699 Skokie Vly Rd

      VEHICLE SALES, RENTALS • 25,418 SF
      2699 Skokie Vly Rd, Highland Park, IL 60035-1040
      View Details
    • Value Estimation
      $1,820,000
      5,100 SF

      2132 Grn Bay Rd

      VEHICLE SALES, RENTALS • 5,100 SF
      2132 Grn Bay Rd, Highland Park, IL 60035-2431
      View Details
    • Value Estimation by Request
      5,812 SF

      2490 Skokie Vly Rd

      VEHICLE SALES, RENTALS • 5,812 SF
      2490 Skokie Vly Rd, Highland Park, IL 60035-1737
      View Details
    • Value Estimation
      $695,000
      16,728 SF

      490 Skokie Vly Rd

      VEHICLE SALES, RENTALS • 16,728 SF
      490 Skokie Vly Rd, Highland Park, IL 60035-4410
      View Details
    • Value Estimation
      $455,000
      6,334 SF

      2748 Skokie Vly Rd

      VEHICLE SALES, RENTALS • 6,334 SF
      2748 Skokie Vly Rd, Highland Park, IL 60035-1043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,204 SF

      Highland Park Industrial Campus

      Versatile commercial property, ideal for redevelopment.
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    • $1,600,000
      0.83 Acres

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      Prime location, high-traffic area, fully equipped tobacco business for sale.
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    Similar Nearby for Lease

    • $24 SF/Yr
      6,450 SF

      Highland Park Retail Space Available

      Prime Retail Space, 6,450 SF Total
      490 Central Ave, Highland Park, IL 60035
      View Details
    • $9,000 /Mo
      2,750 SF

      Prime Retail Space on Central

      Storefront in Highland Park with high visibility and foot traffic.
      633-655 Central Ave, Highland Park, IL 60035
      View Details
    • Contact for pricing
      5,250 SF

      Park Avenue West Commons Retail Space

      High-visibility retail space, Highland Park.
      2060 Skokie Valley Rd, Highland Park, IL 60035
      View Details
    • $25 SF/Yr
      1,950 SF

      Highland Park Retail Space Available

      Prime Retail, Highway Access, 1,470-1,950 SF
      332 Skokie Valley Rd, Highland Park, IL 60035
      View Details
    • Contact for pricing
      2,465 SF

      Prime Retail/Medical Space Available

      Retail or medical space near Highland Park Hospital and downtowns.
      1610 Deerfield Rd, Highland Park, IL 60035
      View Details
    • $3,000 /Mo
      800 SF

      Retail Space in Ravinia District

      Prime retail space with full basement and parking.
      597-599 Roger Williams Ave, Highland Park, IL 60035
      View Details
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    Highland Park, IL 60035-1043
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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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