Property profile

602 Montgomery Rd Montgomery, IL 60538

OFF-MARKET
Commercial real estate
Property ID
US28-0435458
2,366 SF 0.3 ac lot Built 2001
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,366 SF
Lot 0.3 ac (13,068 SF)
APN 15-34-280-029
UPID US28-0435458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Car Wash

Location

602 Montgomery Rd Montgomery, IL 60538-1824
Montgomery metro Census 854401 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
$450k
Comparable Approach Comparable
$471k
Blend (final) Blend
$700k

Owner & transaction history

since 2024
Last sale
$700,000
6 recorded transactions
2026
Price N/A
2024
$700,000
2020
$180,000
2009
$274,000
2004
$326,666
2003
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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