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    Property profile & analytics

    311 Madison St Oak Park, IL 60302-4109

    • Auto shops
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-0805776
    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

    • AAMCO Transmissions & Total Car Care / Transmission Shop / Auto Repair Shop
    • AAMCO Oak Park, IL / Car Repair And Maintenance

    Property Details for 311 Madison St

    Year built
    1927
    Lot size
    0.13 lot acres
    Property type
    Auto shops
    APN
    16-17-101-002
    APU
    1617101002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7826
    Latitude
    41.8797
    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
    $25,080
    $34,375
    $30,937
    $65,312
    -
    $137,500
    $123,748
    $261,248

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      1023 Ss Blvd

      AUTO REPAIR, GARAGE • 0.26 Acres
      1023 Ss Blvd, Oak Park, IL 60302-2811
      View Details
    • Value Estimation by Request
      0.07 Acres

      6845 Nn Ave

      AUTO REPAIR, GARAGE • 0.07 Acres
      6845 Nn Ave, Oak Park, IL 60302-1023
      View Details
    • Value Estimation
      $275,000
      0.02 Acres

      6 Nn Blvd

      AUTO REPAIR, GARAGE • 0.02 Acres
      6 Nn Blvd, Oak Park, IL 60302-2679
      View Details
    • Value Estimation
      $315,000
      0.27 Acres

      226 Lk St

      AUTO REPAIR, GARAGE • 0.27 Acres
      226 Lk St, Oak Park, IL 60302-2609
      View Details
    • Value Estimation
      $600,000
      0.21 Acres

      639 Madison St

      AUTO REPAIR, GARAGE • 0.21 Acres
      639 Madison St, Oak Park, IL 60302-4422
      View Details
    • Value Estimation by Request
      0.60 Acres

      305 Humphrey

      AUTO REPAIR, GARAGE • 0.60 Acres
      305 Humphrey, Oak Park, IL 60302
      View Details

    Similar Nearby for Sale

    • $1,766,234
      10,432 SF

      Remodeled Auto Shop Investment Opportunity

      Single-tenant net lease auto shop in Chicago MSA for sale.
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      Outdoor Parking Space For Sale

      Outdoor parking space available in Oak Park, Illinois.
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    • $2,650,000
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      Oak Park Retail Investment Opportunity

      Retail building in Oak Park, Illinois, leased to a national tenant.
      15 Madison St, Oak Park, IL 60302
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    • $449,000
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      Oak Park Mixed-Use Investment

      High-traffic location with retail and residential income potential.
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    Similar Nearby for Lease

    • $10 SF/Yr

      Former Autobody Shop For Rent

      Former autobody shop with open floorplan, high ceilings, overhead door.
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    • Contact for pricing
      1,000 SF

      Retail Space with Restaurant Potential

      Retail space with black-iron, suitable for restaurant use.
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      View Details
    • Contact for pricing
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      Multi-tenant retail center with high traffic and redevelopment potential.
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      900 SF

      Restaurant Space Near Green Line

      900 SF restaurant space near transportation and schools.
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    • $14 SF/Yr

      Retail or Office Space Available

      Retail or office space for rent with included utilities.
      801 N Harlem Ave, Oak Park, IL 60302
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    • $16 SF/Yr
      6,700 SF

      Oak Park Office Building For Lease

      6,700 SF, Multi-Tenant Office Space
      6955 North Ave, Oak Park, IL 60302
      View Details

    Property Visit Statistics

    • Visits by month
      484
    • Visitors by month
      412
    • Avg Time on site
      28 min
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    311 Madison St
    Oak Park, IL 60302-4109
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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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