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    Property profile & analytics

    8040 82nd St Justice, IL 60458-1697

    • Residential income homes
    • 2,938 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 23, 2024
    Location Intelligence
    Property ID
    US28-1442020
    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 8040 82nd St

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.21 lot acres
    Property size
    2,938 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    18-35-227-006
    APU
    1835227006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Justice
    County
    Cook
    State
    Illinois
    Longitude
    -87.8204
    Latitude
    41.7423
    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
    $12,044
    $3,718
    $35,932
    $39,650
    -
    $37,180
    $359,320
    $396,500

    Comparable in this City

    • Value Estimation by Request
      2,808 SF

      8745 73rd Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,808 SF
      8745 73rd Pl, Justice, IL 60458-1112
      View Details
    • Value Estimation by Request
      4,328 SF

      8818 85th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,328 SF
      8818 85th St, Justice, IL 60458-1773
      View Details
    • Value Estimation by Request
      2,184 SF

      7259 86th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,184 SF
      7259 86th Ave, Justice, IL 60458-1132
      View Details
    • Value Estimation by Request
      3,948 SF

      7908 87th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,948 SF
      7908 87th Ave, Justice, IL 60458-1475
      View Details
    • Value Estimation by Request
      2,511 SF

      8848 76th Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,511 SF
      8848 76th Pl, Justice, IL 60458-1302
      View Details
    • Value Estimation by Request
      2,808 SF

      7337 88th Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,808 SF
      7337 88th Ave, Justice, IL 60458-1087
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Justice, IL - Commercial Space

      First floor office space for rent in Justice, Illinois.
      7936 W 87Th St, Justice, IL 60458
      View Details
    • $40 SF/Yr
      2,400 SF

      Justice Retail Building - New Construction

      2,400 SF Free-Standing Retail Space
      7901 87Th Ct, Justice, IL 60458
      View Details
    • $16 SF/Yr
      2,600 SF

      Retail Space with Furnishings

      Furnished retail space on a large lot with ample parking.
      8350 S 88Th Ave, Justice, IL 60458
      View Details
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    8040 82nd St
    Justice, IL 60458-1697
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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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