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    8320 47th St Lyons, IL 60534-1761

    • Auto shops
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 01, 2020
    Location Intelligence
    Property ID
    US28-2208312
    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

    • Chicago Tailor / Clothing Alteration Service
    • Mobile Auto Tech / Auto Repair Shop / Auto Electrical Service
    • Quality Alteration / Clothing Alteration Service

    Property Details for 8320 47th St

    Year built
    1958
    Lot size
    0.07 lot acres
    Property type
    Auto shops
    APN
    18-02-418-025
    APU
    1802418025

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lyons
    County
    Cook
    State
    Illinois
    Longitude
    -87.8293
    Latitude
    41.8061
    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
    $7,225
    $6,250
    $13,636
    $19,886
    -
    $25,000
    $54,544
    $79,544

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      7940 45th St

      AUTO REPAIR, GARAGE • 0.12 Acres
      7940 45th St, Lyons, IL 60534-1944
      View Details
    • Value Estimation by Request
      0.24 Acres

      8044 Ogden Ave

      AUTO REPAIR, GARAGE • 0.24 Acres
      8044 Ogden Ave, Lyons, IL 60534-1140
      View Details
    • Value Estimation
      $2,740,000
      1,375 SF

      9421 Ogden Ave

      AUTO REPAIR, GARAGE • 1,375 SF
      9421 Ogden Ave, Lyons, IL 60534
      View Details
    • Value Estimation
      $230,000
      0.04 Acres

      8050 Ogden Ave

      AUTO REPAIR, GARAGE • 0.04 Acres
      8050 Ogden Ave, Lyons, IL 60534-1179
      View Details
    • Value Estimation
      $600,000
      0.09 Acres

      8715 Ogden Ave, Unit 17

      AUTO REPAIR, GARAGE • 0.09 Acres
      8715 Ogden Ave, Lyons, IL 60534
      View Details
    • Value Estimation by Request
      0.12 Acres

      4323 Joliet Rd

      AUTO REPAIR, GARAGE • 0.12 Acres
      4323 Joliet Rd, Lyons, IL 60534-1986
      View Details

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    • $290,000
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      Thriving Bar & Restaurant Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      1,289 SF

      Ogden Ave Retail Space Available

      High-traffic retail space, prime location.
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    • Contact for pricing
      60,413 SF

      Industrial Space For Lease

      Up to 60,413 square feet of industrial space available.
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    • $9 SF/Yr
      28,107 SF

      Refrigerated Facility with Office Space

      Refrigerated facility featuring freezer space, shipping area, and office.
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    8320 47th St
    Lyons, IL 60534-1761
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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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