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    Property profile & analytics

    831 Oak Park Ave Oak Park, IL 60304-1217

    • Retail space
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2361952
    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

    • Luxury Nail Spa / Nail Salon
    • Park Avenue Hair Studio / Nail Salon / Hair Salon

    Property Details for 831 Oak Park Ave

    Year built
    1914
    Lot size
    0.13 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    16-18-135-018
    APU
    1618135018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7944
    Latitude
    41.8732
    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
    $22,845
    $36,718
    $22,775
    $59,493
    -
    $146,872
    $91,100
    $237,972

    Comparable in this City

    • Value Estimation by Request
      2,688 SF

      335 Harrison St, Unit 37

      STORE, RETAIL OUTLET • 2,688 SF
      335 Harrison St, Oak Park, IL 60304-1558
      View Details
    • Value Estimation by Request
      0.07 Acres

      6506 Roosevelt Rd

      STORE, RETAIL OUTLET • 0.07 Acres
      6506 Roosevelt Rd, Oak Park, IL 60304
      View Details
    • Value Estimation
      $380,000
      0.22 Acres

      6500 Roosevelt Rd, Unit 22

      STORE, RETAIL OUTLET • 0.22 Acres
      6500 Roosevelt Rd, Oak Park, IL 60304
      View Details
    • Value Estimation by Request
      0.09 Acres

      949 Ridgeland Ave

      STORE, RETAIL OUTLET • 0.09 Acres
      949 Ridgeland Ave, Oak Park, IL 60304-2113
      View Details
    • Value Estimation
      $430,000
      2,500 SF

      6510 Roosevelt Rd

      STORE, RETAIL OUTLET • 2,500 SF
      6510 Roosevelt Rd, Oak Park, IL 60304
      View Details
    • Value Estimation
      $715,000
      0.14 Acres

      6632 Roosevelt Rd

      STORE, RETAIL OUTLET • 0.14 Acres
      6632 Roosevelt Rd, Oak Park, IL 60304-2059
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      984 SF

      Oak Park Retail Redevelopment Opportunity

      Prime Roosevelt Road location, vacant, 984 sq ft.
      7100 Roosevelt Rd, Oak Park, IL 60304
      View Details
    • $1,150,000
      8,600 SF

      Oak Park Retail Investment

      8-unit storefront, high visibility, value-add.
      6912 Roosevelt Rd, Oak Park, IL 60304
      View Details
    • $1,150,000
      8,600 SF

      Retail Strip Center For Sale

      8,600 SF retail strip center in Oak Park, Illinois.
      6912-6926 W Roosevelt Rd, Oak Park, IL 60304
      View Details
    • Contact for pricing
      9,000 SF

      Oak Park Office/Retail Building

      9,000 SF office and retail building in Oak Park.
      6142-6144 W Roosevelt Rd, Oak Park, IL 60304
      View Details
    • $1,250,000
      0.19 Acres

      Oak Park Mixed-Use Building

      Income-generating mixed-use building in Oak Park with renovated units.
      6600-04 W Roosevelt Rd W, Oak Park, IL 60304
      View Details
    • $1,375,000

      Updated Three-Unit Building in Oak Park

      Renovated three-unit building with modern updates and historic charm.
      1101 S Oak Park Ave, Oak Park, IL 60304
      View Details
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    831 Oak Park Ave
    Oak Park, IL 60304-1217
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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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