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    Property profile & analytics

    7054 Bennett Ave Chicago, IL 60649

    • Banks
    • 1,700 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Aug 10, 2022
    $65,000
    Location Intelligence
    Property ID
    US28-1076269
    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

    • Banks

    Property Details for 7054 Bennett Ave

    Year built
    1975
    Lot size
    0.09 lot acres
    Property size
    1,700 SF
    Property type
    Banks
    APN
    20-24-327-023
    APU
    2024327023

    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
    -87.5791
    Latitude
    41.7663
    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
    $13,307
    $8,442
    $42,860
    $51,302
    -
    $33,768
    $171,440
    $205,208

    Comparable in this City

    • Value Estimation by Request
      12,700 SF

      1606 79th St

      FINANCIAL BUILDING • 12,700 SF
      1606 79th St, Chicago, IL 60649-4902
      View Details
    • Value Estimation by Request
      16,000 SF

      1962 71st St

      FINANCIAL BUILDING • 16,000 SF
      1962 71st St, Chicago, IL 60649
      View Details
    • Value Estimation by Request
      8,700 SF

      7054 Jeffery Blvd

      FINANCIAL BUILDING • 8,700 SF
      7054 Jeffery Blvd, Chicago, IL 60649-2046
      View Details
    • Value Estimation by Request
      1,600 SF

      7300 Stony Is Ave

      FINANCIAL BUILDING • 1,600 SF
      7300 Stony Is Ave, Chicago, IL 60649-3107
      View Details
    • Value Estimation by Request
      0.38 Acres

      7131 Stony Is Ave

      FINANCIAL BUILDING • 0.38 Acres
      7131 Stony Is Ave, Chicago, IL 60649-2322
      View Details
    • Value Estimation by Request
      5,000 SF

      7225 Stony Is Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      7225 Stony Is Ave, Chicago, IL 60649-2806
      View Details

    Similar Nearby for Sale

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      Outdoor Parking Space For Sale

      Outdoor parking space available at Lakeshore Point Condominiums.
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      Outdoor parking space available at Lakeshore Point Condominiums.
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    Similar Nearby for Lease

    • $2,300 /Mo
      2,800 SF

      Retail/Office Space in Business District

      Well-maintained retail/office space in a high-traffic, populated area.
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      Prime Retail Space, South Shore

      12,000 SF, High-Visibility Location
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    • $22 SF/Yr
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      Retail Space on Jeffery Blvd

      Retail space available in a stable strip center.
      7623 S Jeffery Blvd, Chicago, IL 60649
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    • New
      Contact for pricing
      7,405 SF

      South Shore Redevelopment Opportunity

      Redevelopment opportunity in high-traffic South Shore community.
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      Salon Space For Rent

      Salon space available near 79th and Jeffery corridor.
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    • Contact for pricing
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      Stony Island Ave Retail Space

      Woodlawn Strip Center: High-traffic location.
      6714 Stony Island Ave, Chicago, IL 60649
      View Details
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    7054 Bennett Ave
    Chicago, IL 60649
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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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