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    Property profile & analytics

    8211 Walsh Ln, Unit 2 River Grove, IL 60171-3331

    • Residential income homes
    • 4,123 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US28-2490264
    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 8211 Walsh Ln

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    4,123 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    12-26-205-005
    APU
    1226205005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $315,000
      7%
      $325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $365,000
      Mixed-Use
      $310,000
      Hospitality
      $300,000
      Educational
      $340,000
      Residential Income
      $330,000
      Energy
      $320,000
      Income-Based Land
      $315,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    River Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.8313
    Latitude
    41.935
    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
    $5,024
    $5,512
    $43,487
    $48,999
    -
    $55,120
    $434,870
    $489,990

    Comparable in this City

    • Value Estimation by Request
      2,411 SF

      8820 Cherry Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,411 SF
      8820 Cherry Ave, River Grove, IL 60171-1392
      View Details
    • Value Estimation by Request
      3,225 SF

      8217 Enger Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,225 SF
      8217 Enger Ln, River Grove, IL 60171-1153
      View Details
    • Value Estimation by Request
      4,228 SF

      8210 Enger Ln

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,228 SF
      8210 Enger Ln, River Grove, IL 60171-3342
      View Details
    • Value Estimation by Request
      3,132 SF

      8610 Lyndale St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,132 SF
      8610 Lyndale St, River Grove, IL 60171-1854
      View Details
    • Value Estimation by Request
      3,328 SF

      2914 Riv Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,328 SF
      2914 Riv Rd, River Grove, IL 60171-3601
      View Details
    • Value Estimation by Request
      3,018 SF

      2232 Riv Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,018 SF
      2232 Riv Rd, River Grove, IL 60171-1880
      View Details

    Similar Nearby for Sale

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    • New
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      New construction multifamily property perfect for investors or generational living.
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      Six-unit building in River Grove with income potential.
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      Brand new duplex with high-end finishes and income potential.
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      Fully renovated two-unit property with commercial zoning and contractor's garage.
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      Live and work in River Grove, Illinois.
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    Similar Nearby for Lease

    • $2,650 /Mo
      1,150 SF

      Spacious Apartment in River Grove

      Three-bedroom, two-bathroom apartment with modern amenities and convenient location.
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    • $5,000 /Mo

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      New construction townhome with luxury amenities and convenient location.
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    • Contact for pricing
      7,600 SF

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      Restaurant and parking lot parcels near Metra station.
      2628 Thatcher Ave, River Grove, IL 60171
      View Details
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    River Grove, IL 60171-3331
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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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