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    Property profile & analytics

    617 Central Ave Deerfield, IL 60015-4308

    • Retail space
    • 3,491 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US28-2505931
    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

    • Retail space

    Property Details for 617 Central Ave

    Year built
    1922
    Construction
    BRICK
    Lot size
    0.28 lot acres
    Property size
    3,491 SF
    Property type
    Retail space
    APN
    16-33-107-013
    APU
    1633107013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield
    County
    Lake
    State
    Illinois
    Longitude
    -87.8441
    Latitude
    42.1633
    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
    $16,119
    $78,483
    $202,045
    $280,528
    -
    $235,473
    $606,196
    $841,669

    Comparable in this City

    • Value Estimation by Request
      3,605 SF

      705 Waukegan Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,605 SF
      705 Waukegan Rd, Deerfield, IL 60015-4326
      View Details
    • Value Estimation
      $1,585,000
      5,715 SF

      700 Osterman Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,715 SF
      700 Osterman Ave, Deerfield, IL 60015-4375
      View Details
    • Value Estimation
      $840,000
      8,734 SF

      813 Waukegan Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,734 SF
      813 Waukegan Rd, Deerfield, IL 60015-3205
      View Details
    • Value Estimation
      $2,145,000
      14,118 SF

      636 Deerfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,118 SF
      636 Deerfield Rd, Deerfield, IL 60015-3210
      View Details
    • Value Estimation
      $8,560,000
      1.13 Acres

      405 Lk Cook Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.13 Acres
      405 Lk Cook Rd, Deerfield, IL 60015-4993
      View Details
    • Value Estimation by Request
      1.54 Acres

      360 Waukegan Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.54 Acres
      360 Waukegan Rd, Deerfield, IL 60015-5653
      View Details

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    Similar Nearby for Lease

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      2,400 SF

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      2,590 SF

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    • $19 SF/Yr
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      Deerfield Executive Office Suites

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    617 Central Ave
    Deerfield, IL 60015-4308
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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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