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    Property profile & analytics

    3001 Mannheim Rd Franklin Park, IL 60131-2434

    • Motels
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $4,810,000
    Last Sale
    Dec 21, 2021
    $4,440,000
    Location Intelligence
    Property ID
    US28-1100664
    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

    • Best Western Plus O'Hare International South Hotel / Hotel

    Property Details for 3001 Mannheim Rd

    Year built
    1999
    Lot size
    0.75 lot acres
    Property type
    Motels
    APN
    12-28-108-003
    APU
    1228108003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,065,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,410,000
      6.5%
      $4,585,000
      7%
      $4,130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,925,000
      Geo Method
      $4,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,310,000
      Retail
      $4,235,000
      Mixed-Use
      $3,850,000
      Hospitality
      $3,815,000
      Educational
      $4,825,000
      Residential Income
      $4,465,000
      Energy
      $3,775,000
      Income-Based Land
      $4,540,000
      Food Service
      $4,865,000

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8844
    Latitude
    41.9333
    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
    $235,244
    $140,889
    $598,167
    $739,056
    -
    $563,556
    $2,392,668
    $2,956,224

    Comparable in this City

    • Value Estimation
      $1,115,000
      1.23 Acres

      2448 Mannheim Rd

      MOTEL • 1.23 Acres
      2448 Mannheim Rd, Franklin Park, IL 60131-3141
      View Details
    • Value Estimation by Request
      0.43 Acres

      2415 Mannheim Rd

      MOTEL • 0.43 Acres
      2415 Mannheim Rd, Franklin Park, IL 60131-3132
      View Details
    • Value Estimation
      $645,000
      0.85 Acres

      2540 Mannheim Rd

      MOTEL • 0.85 Acres
      2540 Mannheim Rd, Franklin Park, IL 60131-3167
      View Details
    • Value Estimation
      $450,000
      0.73 Acres

      2955 Mannheim Rd

      MOTEL • 0.73 Acres
      2955 Mannheim Rd, Franklin Park, IL 60131-2223
      View Details
    • Value Estimation by Request
      0.66 Acres

      2623 Mannheim Rd

      MOTEL • 0.66 Acres
      2623 Mannheim Rd, Franklin Park, IL 60131-3136
      View Details
    • Value Estimation
      $480,000
      1.29 Acres

      2415 Mannheim Rd

      MOTEL • 1.29 Acres
      2415 Mannheim Rd, Franklin Park, IL 60131-3132
      View Details

    Similar Nearby for Sale

    • $959,000
      22,500 SF

      Mannheim Road Commercial Land

      Prime Retail Location, High Visibility
      2416 Mannheim Rd, Melrose Park, IL 60131
      View Details
    • Contact for pricing
      66,000 SF

      Industrial Property with Office Space

      Industrial property featuring warehouse, storage, and office space.
      10740 W Grand Ave, Franklin Park, IL 60131
      View Details
    • New
      $499,000

      Franklin Park Multifamily Property

      Two-unit building on a double lot with finished basement.
      2830 Edgington St, Franklin Park, IL 60131
      View Details
    • $1,000,000
      0.75 Acres

      Belmont Ave Commercial Land

      0.75-acre development site, high traffic.
      9000 Belmont Ave, River Grove, IL 60131
      View Details
    • $7,995,000
      22,872 SF

      Prime Land in O’Hare Market

      Land with high traffic exposure, build-to-suit or redevelopment opportunity.
      3800 Mannheim Rd, Franklin Park, IL 60131
      View Details
    • $1,100,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two ten-unit apartment buildings with recent upgrades and tax benefits.
      10542 Crown Rd, Franklin Park, IL 60131
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      88,210 SF

      Franklin Park Warehouse Space Available

      Ideal Industrial Units, Dock Access
      10915-10929 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      59,795 SF

      Franklin Park Warehouse Space

      59795 sqft warehouse available for rent in Franklin Park.
      1055 Sesame St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      325,045 SF

      Air Conditioned Warehouse with Ample Parking

      Meticulously maintained warehouse with heavy power and parking.
      3708 River Rd, Franklin Park, IL 60131
      View Details
    • $15 SF/Yr
      782 SF

      Retail Space with Ample Parking

      Retail space featuring ample parking and flexible layouts available for rent.
      10035 Grand Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      5,900 SF

      Retail Space on Mannheim Road

      Grocery-anchored retail space with high visibility and ample parking.
      2745 Mannheim Rd, Franklin Park, IL 60131
      View Details
    • $5 SF/Yr
      33,255 SF

      Franklin Park Warehouse/Showroom Space

      33,255 SF available with docks and ample parking.
      10433 Seymour Ave, Franklin Park, IL 60131
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      2.0k
    • Avg Time on site
      496 min
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    3001 Mannheim Rd
    Franklin Park, IL 60131-2434
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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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