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    7764 W 79Th Pl Bridgeview, IL 60455
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    Property profile & analytics

    7764 W 79Th Pl, Bridgeview, IL 60455

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    • Apartment buildings
    • 3,675 SF
    Off-Market
    Property ID
    US28-5775657
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7764 W 79Th Pl

    Year built
    1973
    Property type
    Apartment buildings

    Description

    Beautiful all brick and free exterior maintenance, sits on an oversize lot, the ground level unit with 3br has access to garden apartment in the basement with extra bedrooms and bathroom and heated floor. Full basement has storage for five unites, workshop area with utility and laundry room. All o ... ther five have wall air condition units, two bedroom, living room and kitchen and one full bath.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeview
    County
    Cook
    State
    Illinois
    Longitude
    -87.8138312
    Latitude
    41.7471516

    Comparable in this City

    • $799,900
      0.21 Acres

      Bridgeview Multifamily Investment Opportunity

      Six-unit apartment building in Bridgeview, Illinois, fully rented.
      8125 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • $799,900
      9,044 SF

      Bridgeview Multifamily Investment Opportunity

      Six-unit apartment building in Bridgeview, Illinois, fully rented.
      8125 South Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      Pending

      Six-Unit Apartment Building with Balconies

      All six units are rented in a six-unit, all-brick building with balconies and tenant-paid electricity.
      8125 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      11,895 SF

      Bridgeview Redevelopment Opportunity on Roberts

      Two-parcel, 1.03-acre redevelopment opportunity in Bridgeview, Illinois.
      8242-8248 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing

      4.2 Acre Industrial Development Site

      Prime industrial development site in Bridgeview, Illinois, for sale.
      9901 S 76Th Ave, Bridgeview, IL 60455
      View Details
    • Contact for pricing

      Well-Maintained Automotive Repair Facility

      Car/truck/tractor repair infrastructure, good power, recent renovations.
      8410 S Oketo Ave, Bridgeview, IL 60455
      View Details

    Similar Nearby for Sale

    • $799,900
      0.21 Acres

      Bridgeview Multifamily Investment Opportunity

      Six-unit apartment building in Bridgeview, Illinois, fully rented.
      8125 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • $799,900
      9,044 SF

      Bridgeview Multifamily Investment Opportunity

      Six-unit apartment building in Bridgeview, Illinois, fully rented.
      8125 South Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      Pending

      Six-Unit Apartment Building with Balconies

      All six units are rented in a six-unit, all-brick building with balconies and tenant-paid electricity.
      8125 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      11,895 SF

      Bridgeview Redevelopment Opportunity on Roberts

      Two-parcel, 1.03-acre redevelopment opportunity in Bridgeview, Illinois.
      8242-8248 S Roberts Rd, Bridgeview, IL 60455
      View Details
    • Contact for pricing

      4.2 Acre Industrial Development Site

      Prime industrial development site in Bridgeview, Illinois, for sale.
      9901 S 76Th Ave, Bridgeview, IL 60455
      View Details
    • Contact for pricing

      Well-Maintained Automotive Repair Facility

      Car/truck/tractor repair infrastructure, good power, recent renovations.
      8410 S Oketo Ave, Bridgeview, IL 60455
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Sublease Opportunity Available

      Office space with private offices, cubicles, and shared amenities.
      7615 W 100Th Pl, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      75,385 SF

      Bridgeview Industrial Facility with Rail

      75,385 SF industrial facility with office space and rail access.
      7723 South 78Th Ave, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      93,145 SF

      Bridgeview Industrial Facility with Rail

      93,145 SF industrial space with rail access and ample parking.
      7700 South 78Th Ave, Bridgeview, IL 60455
      View Details
    • $18 SF/Yr

      Executive Office Building with Luxury

      Two-story office building with unique executive amenities and convenient location.
      9735 Industrial Dr, Bridgeview, IL 60455
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Center

      Retail space available in a highly trafficked shopping center.
      8715-8847 S Harlem Ave, Bridgeview, IL 60455
      View Details
    • $120,000

      Industrial Rental Perfect for Repair

      Industrial rental suitable for truck repair in Bedford Park, IL.
      5901 66Th St, Bedford Park, IL 60455
      View Details
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    Bridgeview, IL 60455
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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