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    Property profile & analytics

    50th Old State Rd Maple Park, IL 60151-9204

    • Commercial real estate
    • 1,600 SF
    • 15.54 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US28-2616187
    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

    • Commercial real estate

    Property Details for 50th Old State Rd

    Year built
    1965
    Lot size
    15.54 lot acres
    Property size
    1,600 SF
    Property type
    Commercial real estate
    APN
    07-06-400-037
    APU
    706400037

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $480,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $570,000
      Mixed-Use
      $550,000
      Hospitality
      $470,000
      Educational
      $515,000
      Residential Income
      $525,000
      Energy
      $455,000
      Income-Based Land
      $535,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Maple Park
    County
    Kane
    State
    Illinois
    Longitude
    -88.5874
    Latitude
    41.9692
    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
    $23,258
    $219,103
    $43,307
    $262,410
    -
    $657,309
    $129,921
    $787,230

    Comparable in this City

    • Value Estimation by Request
      0.32 Acres

      Of Rt 64

      COMMERCIAL (GENERAL) • 0.32 Acres
      Of Rt 64, Maple Park, IL 60151
      View Details
    • Value Estimation by Request
      1.00 Acre

      Maple Park, IL 60151

      COMMERCIAL (GENERAL) • 1.00 Acre
      Maple Park, IL 60151
      View Details
    • Value Estimation by Request
      6,672 SF

      Old S Side State Mcgou W

      COMMERCIAL (GENERAL) • 6,672 SF
      Old S Side State Mcgou W, Maple Park, IL 60151
      View Details
    • Value Estimation by Request
      9.02 Acres

      IL-38 & County Line Rd

      Land • 9.02 Acres
      IL-38 & County Line Rd, Maple Park, IL 60151
      View Details
    • Value Estimation
      $290,000
      0.48 Acres

      44th Rte 64

      COMMERCIAL (GENERAL) • 0.48 Acres
      44th Rte 64, Maple Park, IL 60151
      View Details
    • Value Estimation
      $455,000
      10,000 SF

      50th Rt 64

      COMMERCIAL (GENERAL) • 10,000 SF
      50th Rt 64, Maple Park, IL 60151
      View Details

    Similar Nearby for Sale

    • $49,500

      Residential Lot in Maple Park

      Residential land available in established Maple Park neighborhood.
      205 Center St, Maple Park, IL 60151
      View Details
    • $375,000
      5.00 Acres

      Commercial Land on Route 47

      Seven subdivided lots with commercial potential on Route 47.
      00 Welter Rd, Maple Park, IL 60151
      View Details
    • $890,000
      12.00 Acres

      Maple Park Land on Route 47

      12+ acre commercial land with frontage on Route 47.
      7n938 Rte 47 Hwy, Maple Park, IL 60151
      View Details
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    50th Old State Rd
    Maple Park, IL 60151-9204
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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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