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    Property profile & analytics

    7150 103rd St Chicago Ridge, IL 60415-1466

    • Motels
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $2,610,000
    Last Sale
    Jan 10, 2023
    $2,500,000
    Location Intelligence
    Property ID
    US28-2187196
    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

    • BLUESTAR MOTEL / Motel / Lodging

    Property Details for 7150 103rd St

    Year built
    1985
    Lot size
    0.60 lot acres
    Property type
    Motels
    APN
    24-07-307-004
    APU
    2407307004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,685,000
      6.5%
      $2,235,000
      7%
      $2,290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,265,000
      Geo Method
      $2,415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,740,000
      Retail
      $2,520,000
      Mixed-Use
      $2,585,000
      Hospitality
      $2,240,000
      Educational
      $2,535,000
      Residential Income
      $2,670,000
      Energy
      $2,540,000
      Income-Based Land
      $2,215,000
      Food Service
      $2,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.7967
    Latitude
    41.7052
    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
    $90,996
    $55,462
    $174,640
    $230,102
    -
    $221,848
    $698,560
    $920,408

    Comparable in this City

    • Value Estimation
      $2,590,000
      0.33 Acres

      7150 103rd St

      MOTEL • 0.33 Acres
      7150 103rd St, Chicago Ridge, IL 60415-1466
      View Details
    • Value Estimation by Request
      1.24 Acres

      10258 Swsw Hwy

      COMMERCIAL (GENERAL) • 1.24 Acres
      10258 Swsw Hwy, Chicago Ridge, IL 60415-1361
      View Details
    • Value Estimation by Request
      0.00 Acres

      7143 100th St

      RESIDENTIAL PARKING GARAGE • 0.00 Acres
      7143 100th St, Chicago Ridge, IL 60415
      View Details
    • Value Estimation by Request
      0.48 Acres

      6410 24th W 107th St

      RETAIL STORES (PERSONAL SERVICES) • 0.48 Acres
      6410 24th W 107th St, Chicago Ridge, IL 60415
      View Details
    • Value Estimation by Request
      0.57 Acres

      5810 107th Ct Way

      GARDEN APT, COURT APT (5+ UNITS) • 0.57 Acres
      5810 107th Ct Way, Chicago Ridge, IL 60415-1974
      View Details
    • Value Estimation by Request
      0.17 Acres

      5712 111th St

      AUTO REPAIR, GARAGE • 0.17 Acres
      5712 111th St, Chicago Ridge, IL 60415-2407
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
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      Retail space with high visibility and strong national retailers.
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      Secured Storage Near I-294

      Secured outside storage with quick access to I-294.
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      Retail Space in Chicago Ridge

      Retail property with high visibility and strong national retailers.
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      Retail Space on 95th Street

      New construction retail space with high visibility available for lease.
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    • Contact for pricing
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      Retail Space with Flexible Site

      Retail space available for lease with drive-thru potential.
      6440 95Th St, Chicago Ridge, IL 60415
      View Details

    Property Visit Statistics

    • Visits by month
      27.8k
    • Visitors by month
      14.8k
    • Avg Time on site
      8 min
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    Chicago Ridge, IL 60415-1466
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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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