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    Property profile & analytics

    41663 Sheridan Rd Winthrop Harbor, IL 60096

    • Residential income homes
    • 1,159 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $1,675,000
    Last Sale
    Jun 15, 2021
    $1,500,000
    Location Intelligence
    Property ID
    US28-1209663
    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

    • Residential income homes

    Property Details for 41663 Sheridan Rd

    Year built
    1928
    Construction
    BRICK
    Lot size
    0.37 lot acres
    Property size
    1,159 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    04-15-112-003
    APU
    415112003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,580,000
      6.5%
      $1,590,000
      7%
      $1,470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,745,000
      Geo Method
      $1,690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,285,000
      Retail
      $1,340,000
      Mixed-Use
      $1,220,000
      Hospitality
      $1,435,000
      Educational
      $1,465,000
      Residential Income
      $1,390,000
      Energy
      $1,470,000
      Income-Based Land
      $1,220,000
      Food Service
      $1,160,000

    Location Insight

    • Map
    • Local Demand
    City
    Winthrop Harbor
    County
    Lake
    State
    Illinois
    Longitude
    -87.8242
    Latitude
    42.4668
    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
    $2,989
    $16,579
    $20,428
    $37,007
    -
    $49,742
    $61,290
    $111,032

    Comparable in this City

    • Value Estimation by Request
      1,704 SF

      1307 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,704 SF
      1307 3rd St, Winthrop Harbor, IL 60096-1310
      View Details
    • Value Estimation
      $265,000
      1,166 SF

      537 Sheridan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,166 SF
      537 Sheridan Rd, Winthrop Harbor, IL 60096-1347
      View Details
    • Value Estimation by Request
      594 SF

      1332 Sheridan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 594 SF
      1332 Sheridan Rd, Winthrop Harbor, IL 60096-1854
      View Details
    • Value Estimation by Request
      1,860 SF

      3715 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,860 SF
      3715 9th St, Winthrop Harbor, IL 60096-1019
      View Details
    • Value Estimation
      $870,000
      31,152 SF

      3017 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 31,152 SF
      3017 9th St, Winthrop Harbor, IL 60096-1051
      View Details
    • Value Estimation
      $300,000
      1,342 SF

      926 Sheridan Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,342 SF
      926 Sheridan Rd, Winthrop Harbor, IL 60096-1634
      View Details

    Similar Nearby for Sale

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    • $315,000
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      Winthrop Harbor Commercial Space

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      B-1 zoned commercial lot available on Sheridan Road.
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    Similar Nearby for Lease

    • $14 SF/Yr
      5,377 SF

      Winthrop Harbor Retail Space for Lease

      Prime retail space, 500-1000 sq ft.
      729 Sheridan Rd, Winthrop Harbor, IL 60096
      View Details
    • Contact for pricing
      2,800 SF

      Prime Commercial Space For Rent

      Commercial space for retail or office use in Winthrop Harbor.
      644 Sheridan Rd, Winthrop Harbor, IL 60096
      View Details
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    Winthrop Harbor, IL 60096
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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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