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    Property profile & analytics

    8340 47th St Lyons, IL 60534

    • Industrial properties
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 07, 2025
    $620,000
    Location Intelligence
    Property ID
    US28-1716466
    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

    • Industrial properties

    Property Details for 8340 47th St

    Year built
    1984
    Lot size
    0.07 lot acres
    Property type
    Industrial properties
    APN
    18-02-418-021
    APU
    1802418021

    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
    -87.8297
    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
    $9,427
    $4,687
    $21,262
    $25,949
    -
    $18,748
    $85,048
    $103,796

    Comparable in this City

    • Value Estimation by Request
      0.44 Acres

      4500 1st Ave

      INDUSTRIAL (GENERAL) • 0.44 Acres
      4500 1st Ave, Lyons, IL 60534-2196
      View Details
    • Value Estimation by Request
      0.12 Acres

      8447 44th Pl

      INDUSTRIAL (GENERAL) • 0.12 Acres
      8447 44th Pl, Lyons, IL 60534-1743
      View Details
    • Value Estimation by Request
      0.82 Acres

      7936 47th St

      INDUSTRIAL (GENERAL) • 0.82 Acres
      7936 47th St, Lyons, IL 60534-1828
      View Details
    • Value Estimation by Request
      0.72 Acres

      7750 47th St

      INDUSTRIAL (GENERAL) • 0.72 Acres
      7750 47th St, Lyons, IL 60534-1826
      View Details
    • Value Estimation by Request
      0.08 Acres

      4344 Lawndale Ave

      INDUSTRIAL (GENERAL) • 0.08 Acres
      4344 Lawndale Ave, Lyons, IL 60534-1755
      View Details
    • Value Estimation by Request
      0.03 Acres

      4207 Lawndale Ave

      INDUSTRIAL (GENERAL) • 0.03 Acres
      4207 Lawndale Ave, Lyons, IL 60534
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      60,413 SF

      Industrial Space For Lease

      Up to 60,413 square feet of industrial space available.
      8001 47Th St, Lyons, IL 60534
      View Details
    • Contact for pricing
      1,289 SF

      Ogden Ave Retail Space Available

      High-traffic retail space, prime location.
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      View Details
    • $9 SF/Yr
      28,107 SF

      Refrigerated Facility with Office Space

      Refrigerated facility featuring freezer space, shipping area, and office.
      8424 W 47Th St, Lyons, IL 60534
      View Details
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    8340 47th St
    Lyons, IL 60534
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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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