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    Property profile & analytics

    707 Nnw Hwy Park Ridge, IL 60068-2541

    • Residential income homes
    • 3,724 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 18, 2022
    Location Intelligence
    Property ID
    US28-2172839
    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

    • Residential income homes

    Property Details for 707 Nnw Hwy

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.18 lot acres
    Property size
    3,724 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    09-26-113-054
    APU
    926113054

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8434
    Latitude
    42.0204
    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
    $14,523
    $10,349
    $51,650
    $61,999
    -
    $103,490
    $516,500
    $619,990

    Comparable in this City

    • Value Estimation by Request
      5,592 SF

      1017 Busse Hwy

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      3,324 SF

      427 Leonard St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,324 SF
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      2,530 SF

      815 Lincoln Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,530 SF
      815 Lincoln Ave, Park Ridge, IL 60068
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      4,215 SF

      106 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,215 SF
      106 Main St, Park Ridge, IL 60068-4030
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      4,181 SF

      1985 Parkside Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,181 SF
      1985 Parkside Dr, Park Ridge, IL 60068
      View Details
    • Value Estimation by Request
      3,500 SF

      505 Smt Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,500 SF
      505 Smt Ave, Park Ridge, IL 60068-4969
      View Details

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    707 Nnw Hwy
    Park Ridge, IL 60068-2541
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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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