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    590 Lincoln Hwy Chicago Heights, IL 60411-2309

    • Gas stations
    • 1.92 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Oct 15, 2021
    $313,000
    Location Intelligence
    Property ID
    US28-0803598
    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

    • Mattress 4 Less / Mattress Store / Office Furniture Store
    • Spark I Auto Repair / Auto Repair Shop

    Property Details for 590 Lincoln Hwy

    Year built
    1970
    Lot size
    1.92 lot acres
    Property type
    Gas stations
    APN
    32-19-302-037
    APU
    3219302037

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $300,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $280,000
      Mixed-Use
      $295,000
      Hospitality
      $240,000
      Educational
      $285,000
      Residential Income
      $275,000
      Energy
      $230,000
      Income-Based Land
      $295,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Heights
    County
    Cook
    State
    Illinois
    Longitude
    -87.6688
    Latitude
    41.5055
    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
    $184,629
    $156,493
    $135,620
    $292,113
    -
    $625,972
    $542,480
    $1,168,452

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      1317 Lincoln Hwy

      GAS STATION • 0.07 Acres
      1317 Lincoln Hwy, Chicago Heights, IL 60411
      View Details
    • Value Estimation by Request
      0.07 Acres

      30 Sauk Trl

      GAS STATION • 0.07 Acres
      30 Sauk Trl, S Chicago Heights, IL 60411-5443
      View Details
    • Value Estimation
      $260,000
      0.39 Acres

      711 Halsted St

      GAS STATION • 0.39 Acres
      711 Halsted St, Chicago Heights, IL 60411-2105
      View Details
    • Value Estimation by Request
      1,636 SF

      2398 Glenwood Dyer Rd

      GAS STATION • 1,636 SF
      2398 Glenwood Dyer Rd, Lynwood, IL 60411-8622
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    • Value Estimation by Request
      0.11 Acres

      1524 Chicago Rd

      GAS STATION • 0.11 Acres
      1524 Chicago Rd, Chicago Heights, IL 60411-3425
      View Details
    • Value Estimation
      $650,000
      0.07 Acres

      2802 Chicago Rd

      GAS STATION • 0.07 Acres
      2802 Chicago Rd, South Chicago Heights, IL 60411-4737
      View Details

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    Similar Nearby for Lease

    • $20 SF/Yr

      Lynwood Truck Repair Shop Lease

      Truck repair shop with ample parking in a secure, gated yard.
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    • $1.00 SF/Yr

      Lynwood Retail/Light Industrial Building

      Retail/light industrial building with showroom space and high traffic exposure.
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      137,715 SF

      Olympia Plaza Retail Space

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      Retail Space on Torrence Avenue

      Retail space in a growing community with high traffic.
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      Luxury Salon Suites Available

      Multiple salon suites for single or double occupancy.
      19408 Creek Dr N, Lynwood, IL 60411
      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      3.1k
    • Avg Time on site
      11 min
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    590 Lincoln Hwy
    Chicago Heights, IL 60411-2309
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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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