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    Property profile & analytics

    6602 111th St, Unit 24 Worth, IL 60482-1959

    • Community centers
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $3,500,000
    Last Sale
    Dec 17, 2021
    $3,100,000
    Location Intelligence
    Property ID
    US28-1576785
    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

    • Crisis Center for South Suburbia / Non-Profit Organization
    • Worth Plaza Cleaners / Dry Cleaner
    • Neat Repeats- Worth / Thrift Store

    Property Details for 6602 111th St

    Year built
    1972
    Lot size
    0.46 lot acres
    Property type
    Community centers
    APN
    24-18-409-015
    APU
    2418409015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,380,000
      6.5%
      $3,415,000
      7%
      $3,425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,620,000
      Geo Method
      $3,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,730,000
      Retail
      $3,415,000
      Mixed-Use
      $3,195,000
      Hospitality
      $2,900,000
      Educational
      $3,405,000
      Residential Income
      $3,230,000
      Energy
      $2,985,000
      Income-Based Land
      $2,755,000
      Food Service
      $2,890,000

    Location Insight

    • Map
    • Local Demand
    City
    Worth
    County
    Cook
    State
    Illinois
    Longitude
    -87.7849
    Latitude
    41.691
    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
    $54,782
    $32,760
    $97,098
    $129,858
    -
    $131,040
    $388,392
    $519,432

    Comparable in this City

    • Value Estimation
      $3,420,000
      0.60 Acres

      6602 111th St, Unit 24

      MINI-MALL • 0.60 Acres
      6602 111th St, Worth, IL 60482-1959
      View Details
    • Value Estimation by Request
      0.29 Acres

      7201 Swsw Hwy

      AUTO REPAIR, GARAGE • 0.29 Acres
      7201 Swsw Hwy, Worth, IL 60482-1248
      View Details
    • Value Estimation by Request
      0.29 Acres

      10533 Swsw Hwy

      RETAIL STORES (PERSONAL SERVICES) • 0.29 Acres
      10533 Swsw Hwy, Worth, IL 60482-1250
      View Details
    • Value Estimation by Request
      0.10 Acres

      6825 111th St

      STORE, RETAIL OUTLET • 0.10 Acres
      6825 111th St, Worth, IL 60482-1800
      View Details
    • Value Estimation by Request
      0.26 Acres

      6702 111th St

      RETAIL STORES (PERSONAL SERVICES) • 0.26 Acres
      6702 111th St, Worth, IL 60482-1912
      View Details
    • Value Estimation by Request
      0.07 Acres

      6806 111th St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      6806 111th St, Worth, IL 60482-1823
      View Details

    Similar Nearby for Sale

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      Retail property with long-term tenants and high traffic volume.
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      Prime Worth location, large retail space, high traffic count.
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      CVS property with absolute NNN lease and 14 years remaining.
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    • $625,000
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      Mixed-use property with high visibility and income potential.
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    Similar Nearby for Lease

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      Worth, IL Commercial Building

      22,772 sqft commercial building for lease in Worth, IL.
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    • $21 SF/Yr

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      Highly visible office space suitable for various professional practices.
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    Worth, IL 60482-1959
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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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