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    Property profile & analytics

    301 Illinois St Park Forest, IL 60466-1119

    • Auto shops
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1992949
    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&L Auto Repair Services / Auto Repair Shop

    Property Details for 301 Illinois St

    Year built
    1986
    Lot size
    0.36 lot acres
    Property type
    Auto shops
    APN
    31-24-442-004
    APU
    3124442004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Park Forest
    County
    Cook
    State
    Illinois
    Longitude
    -87.6829
    Latitude
    41.5023
    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
    $54,647
    $23,437
    $28,604
    $52,041
    -
    $93,748
    $114,416
    $208,164

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      2210 Western Ave

      AUTO REPAIR, GARAGE • 0.69 Acres
      2210 Western Ave, Park Forest, IL 60466-1201
      View Details
    • Value Estimation by Request
      0.34 Acres

      2210 Western Ave

      AUTO REPAIR, GARAGE • 0.34 Acres
      2210 Western Ave, Park Forest, IL 60466-1201
      View Details
    • Value Estimation by Request
      0.28 Acres

      20 Nn St

      AUTO REPAIR, GARAGE • 0.28 Acres
      20 Nn St, Park Forest, IL 60466-1371
      View Details
    • Value Estimation by Request
      0.35 Acres

      10 Norwood Blvd

      AUTO REPAIR, GARAGE • 0.35 Acres
      10 Norwood Blvd, Park Forest, IL 60466-1441
      View Details
    • Value Estimation by Request
      0.90 Acres

      2210 Western Ave

      AUTO REPAIR, GARAGE • 0.90 Acres
      2210 Western Ave, Park Forest, IL 60466-1201
      View Details
    • Value Estimation by Request
      0.69 Acres

      18 Nn St

      AUTO REPAIR, GARAGE • 0.69 Acres
      18 Nn St, Park Forest, IL 60466-1371
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Park Forest Warehouse/Manufacturing Opportunity

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    • $1,500,000
      12,600 SF

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      12,600 SF building divisible into six units for sale.
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    Similar Nearby for Lease

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      25,528 SF

      Park Forest Retail Center Opportunity

      High-Visibility Retail Space Available
      373 Sauk Trl, Park Forest, IL 60466
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    • Contact for pricing
      1,767 SF

      Freestanding Bank Building For Lease

      1,767 SF bank building with drive-thru and ATM.
      2 Main St, Park Forest, IL 60466
      View Details
    • $8 SF/Yr
      123,600 SF

      Park Forest Industrial Campus

      Versatile Warehouse/Office Space, 123,600 SF
      80 North St, Park Forest, IL 60466
      View Details
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    301 Illinois St
    Park Forest, IL 60466-1119
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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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