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    533 Spg Rd, Unit 539 Elmhurst, IL 60126-3824
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    Property profile & analytics

    533 Spg Rd, Unit 539, Elmhurst, IL 60126-3824

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    • Retail space
    • 5,030 SF
    • 0.44 lot acres
    Off-Market
    Last Sale Jan 5, 2023
    $1,550,000
    Property ID
    US28-1820825
    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.

    Value Estimations
    $1,390,000
    Show details
    Cap Rate Potential
    5.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Illinois Radon Detection, Inc. / Construction Company / General Contractor
    • Smiley Nails II / Nail Salon

    Property Details for 533 Spg Rd

    Year built
    1998
    Lot size
    0.44 lot acres
    Zone code
    C
    Property type
    Retail space
    APN
    06-11-219-003
    APU
    611219003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 5, 2023 $1,550,000 533 539 Spring Road LLC Spring Way Plaza INC Special Warranty Deed $863k · Pan American Bank & Trust
    Feb 26, 2020 — Spring Way Plaza INC — Deed · related $500k · Community Bk/elmhurst
    Jan 19, 2000 — Spring Way Plaza INC Rosenberg,richard S & Barbara A Quit Claim Deed · related —
    — — Richard S Rosenberg — Deed Of Trust · related $650k · Firstar Bank
    — — Spring Way Plaza INC — Deed Of Trust · related $500k · Community Bk/elmhurst
    — — Spring Way Plaza INC — Deed Of Trust · related $610k · American Chartered Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,375,000
      ML approach
      $1,390,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,165,000
      6.5%
      $1,075,000
      7%
      $995,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,390,000
      Market price range: $565k - $1.89M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,085,000
      Current use
      COMMERCIAL (GENERAL)
      $1,960,000
      Change: +81% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,780,000
      Change: +64% Conversion: Difficult
      RESTAURANT
      $1,565,000
      Change: +44% Conversion: Easy
      MEDICAL BUILDING
      $1,135,000
      Change: +5% Conversion: Difficult
      OFFICE BUILDING
      $900,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Elmhurst
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9493
    Latitude
    41.8842
    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
    $19,843
    $140,780
    $186,070
    $326,850
    -
    $422,340
    $558,210
    $980,550
    More about this property
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