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    Property profile & analytics

    644 Diversey Pkwy Chicago, IL 60614-2068

    • Motels
    • 19,600 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2024
    $24,000,000
    Location Intelligence
    Property ID
    US28-2658927
    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

    • Hotel Versey Days Inn by Wyndham Chicago / Hotel / Inn
    • Chicago Metro Dumpster Rental / Waste Management Service

    Property Details for 644 Diversey Pkwy

    Year built
    1928
    Lot size
    0.54 lot acres
    Property size
    19,600 SF
    Property type
    Motels
    APN
    14-28-119-055
    APU
    1428119055

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6455
    Latitude
    41.9332
    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
    $3,321
    $510
    $14,747
    $15,257
    -
    $2,040
    $58,988
    $61,028

    Comparable in this City

    • Value Estimation
      $1,205,000
      23,500 SF

      601 Diversey Pkwy

      MOTEL • 23,500 SF
      601 Diversey Pkwy, Chicago, IL 60614-1510
      View Details
    • Value Estimation by Request

      644 Diversey Pkwy

      MOTEL
      644 Diversey Pkwy, Chicago, IL 60614-2068
      View Details
    • Value Estimation
      $1,430,000
      3,800 SF

      2616 Clark St

      MOTEL • 3,800 SF
      2616 Clark St, Chicago, IL 60614-2290
      View Details
    • Value Estimation by Request

      644 Diversey Pkwy

      MOTEL
      644 Diversey Pkwy, Chicago, IL 60614-2068
      View Details
    • Value Estimation by Request
      91,800 SF

      1816 Clark St

      MOTEL • 91,800 SF
      1816 Clark St, Chicago, IL 60614-6043
      View Details
    • Value Estimation by Request
      2,900 SF

      2000 Clifton Ave

      Retail properties • 2,900 SF
      2000 Clifton Ave, Chicago, IL 60614
      View Details

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    Similar Nearby for Lease

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    644 Diversey Pkwy
    Chicago, IL 60614-2068
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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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