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    Property profile & analytics

    622 Madison St Oak Park, IL 60302-4409

    • Gas stations
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1239904
    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

    • Mobil / Gas Station

    Property Details for 622 Madison St

    Year built
    1929
    Lot size
    0.34 lot acres
    Property type
    Gas stations
    APN
    16-07-420-013
    APU
    1607420013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7906
    Latitude
    41.8802
    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
    $43,200
    $93,787
    $18,713
    $112,500
    -
    $375,148
    $74,852
    $450,000

    Comparable in this City

    • Value Estimation by Request
      460 SF

      302 Lk St

      GAS STATION • 460 SF
      302 Lk St, Oak Park, IL 60302
      View Details
    • Value Estimation
      $510,000
      0.40 Acres

      6129 Nn Ave

      GAS STATION • 0.40 Acres
      6129 Nn Ave, Oak Park, IL 60302-1161
      View Details
    • Value Estimation by Request
      0.31 Acres

      1217 Harlem Ave

      GAS STATION • 0.31 Acres
      1217 Harlem Ave, Oak Park, IL 60302-1391
      View Details
    • Value Estimation by Request
      0.37 Acres

      333 Lk St

      GAS STATION • 0.37 Acres
      333 Lk St, Oak Park, IL 60302-2603
      View Details
    • Value Estimation by Request
      0.40 Acres

      401 Madison St

      GAS STATION • 0.40 Acres
      401 Madison St, Oak Park, IL 60302-4011
      View Details
    • Value Estimation by Request
      0.27 Acres

      100 Chicago Ave

      GAS STATION • 0.27 Acres
      100 Chicago Ave, Oak Park, IL 60302-2404
      View Details

    Similar Nearby for Sale

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      Outdoor parking space available in Oak Park, Illinois.
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      Established Automotive Repair Business For Sale

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    • $1,766,234
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      Remodeled Auto Shop Investment Opportunity

      Single-tenant net lease auto shop in Chicago MSA for sale.
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      View Details
    • $3,450,000
      3,500 SF

      NNN Ground Lease Opportunity

      Single tenant NNN ground lease with redevelopment potential.
      1148 Madison St, Oak Park, IL 60302
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      Oak Park Office Building For Sale

      12-unit, 6,700 SF office building
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    Similar Nearby for Lease

    • $10 SF/Yr

      Former Autobody Shop For Rent

      Former autobody shop with open floorplan, high ceilings, overhead door.
      6 North Blvd, Oak Park, IL 60302
      View Details
    • Contact for pricing
      4,740 SF

      Retail Center at North & Harlem

      Multi-tenant retail center with high traffic and redevelopment potential.
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      View Details
    • Contact for pricing
      900 SF

      Restaurant Space Near Green Line

      900 SF restaurant space near transportation and schools.
      210 Lake St, Oak Park, IL 60302
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    • $14 SF/Yr

      Retail or Office Space Available

      Retail or office space for rent with included utilities.
      801 N Harlem Ave, Oak Park, IL 60302
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space with Restaurant Potential

      Retail space with black-iron, suitable for restaurant use.
      6303 W North Ave, Oak Park, IL 60302
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    • $16 SF/Yr
      6,700 SF

      Oak Park Office Building For Lease

      6,700 SF, Multi-Tenant Office Space
      6955 North Ave, Oak Park, IL 60302
      View Details

    Property Visit Statistics

    • Visits by month
      22.9k
    • Visitors by month
      17.0k
    • Avg Time on site
      14 min
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    622 Madison St
    Oak Park, IL 60302-4409
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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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