Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7050 Damen Ave Chicago, IL 60636-3266

    • Gas stations
    • 1,000 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5407166
    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

    • Fly Fuel, Inc. / Fuel Supplier
    • Clark / Gas Station

    Property Details for 7050 Damen Ave

    Year built
    1955
    Lot size
    0.28 lot acres
    Property size
    1,000 SF
    Property type
    Gas stations
    APN
    20-19-339-047
    APU
    2019339047

    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
    -87.6739
    Latitude
    41.7651
    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
    $27,767
    $27,843
    $107,157
    $135,000
    -
    $111,372
    $428,628
    $540,000

    Comparable in this City

    • Value Estimation
      $785,000
      0.38 Acres

      6124 Ashland Ave

      GAS STATION • 0.38 Acres
      6124 Ashland Ave, Chicago, IL 60636-2322
      View Details
    • Value Estimation by Request
      1.20 Acres

      6950 Ashland Ave

      GAS STATION • 1.20 Acres
      6950 Ashland Ave, Chicago, IL 60636
      View Details
    • Value Estimation by Request
      0.20 Acres

      1543 Garfield Blvd

      GAS STATION • 0.20 Acres
      1543 Garfield Blvd, Chicago, IL 60636
      View Details
    • Value Estimation by Request
      2,000 SF

      5612 Western Ave

      GAS STATION • 2,000 SF
      5612 Western Ave, Chicago, IL 60636
      View Details
    • Value Estimation
      $1,480,000
      1,200 SF

      7111 Ashland Ave

      GAS STATION • 1,200 SF
      7111 Ashland Ave, Chicago, IL 60636
      View Details
    • Value Estimation by Request
      0.08 Acres

      1224 59th St

      GAS STATION • 0.08 Acres
      1224 59th St, Chicago, IL 60636-1903
      View Details

    Similar Nearby for Sale

    • $1,695,000
      0.14 Acres

      High-Visibility Commercial Property in Chicago

      Multi-use commercial property with built-in income potential.
      7417-19 S Western Ave, Chicago, IL 60636
      View Details
    • $347,000

      Chicago Mixed-Use Property For Sale

      Mixed-use property in Chicago, suitable for retail or automotive.
      6144 S Bishop St, Chicago, IL 60636
      View Details
    • $435,000
      0.13 Acres

      Commercial Building on Southwestern Avenue

      High-traffic location, C2 zoning, ideal for investors/owner-users.
      7214 S Western Ave, Chicago, IL 60636
      View Details
    • $175,000
      Pending

      Mixed-Use Property in Chicago

      Spacious mixed-use property with commercial space and residential units.
      5525 S Ashland Ave, Chicago, IL 60636
      View Details
    • New
      $439,900
      0.08 Acres

      Mixed-Use Property in Englewood, Chicago

      Mixed-use property with residential and commercial spaces in Chicago.
      1813 W 63Rd St, Chicago, IL 60636
      View Details
    • Contact for pricing
      12,210 SF

      6200 S Western Ave Retail Space

      Prime Chicago Retail Opportunity: 12,210 SF
      6200 Western Ave, Chicago, IL 60636
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7050 Damen Ave
    Chicago, IL 60636-3266
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.