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    Property profile & analytics

    8420 Archer Ave Willow Springs, IL 60480-1371

    • Residential income homes
    • 1,828 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Jun 30, 2022
    $310,000
    Location Intelligence
    Property ID
    US28-2333865
    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 8420 Archer Ave

    Year built
    1953
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    1,828 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    18-33-317-034
    APU
    1833317034

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Willow Springs
    County
    Cook
    State
    Illinois
    Longitude
    -87.8686
    Latitude
    41.7374
    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
    $7,472
    $2,843
    $15,603
    $18,446
    -
    $28,430
    $156,030
    $184,460

    Comparable in this City

    • Value Estimation by Request
      2,140 SF

      8806 Archer Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,140 SF
      8806 Archer Ave, Willow Springs, IL 60480-1210
      View Details
    • Value Estimation by Request
      2,550 SF

      8386 Archer Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,550 SF
      8386 Archer Ave, Willow Springs, IL 60480-1465
      View Details
    • Value Estimation by Request
      2,644 SF

      8252 Archer Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,644 SF
      8252 Archer Ave, Willow Springs, IL 60480-1467
      View Details
    • Value Estimation
      $325,000
      2,956 SF

      8436 Archer Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,956 SF
      8436 Archer Ave, Willow Springs, IL 60480-1371
      View Details
    • Value Estimation by Request
      2,525 SF

      8517 Archer Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,525 SF
      8517 Archer Ave, Willow Springs, IL 60480-1614
      View Details
    • Value Estimation by Request
      5,202 SF

      8258 Kean Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,202 SF
      8258 Kean Ave, Willow Springs, IL 60480-1582
      View Details

    Similar Nearby for Sale

    • $120,000

      Commercial Land in Willow Springs

      Vacant land with commercial zoning and parking in Willow Springs.
      8422 Archer Ave, Willow Springs, IL 60480
      View Details
    • $895,000
      Pending

      Prime Commercial Land For Sale

      2.06 acres of vacant land with mixed-use zoning.
      8764 Archer Ave, Willow Springs, IL 60480
      View Details
    • $800,000
      1.90 Acres

      Prime Corner Commercial Land Available

      Corner lot suitable for retail development, drive-thru, or subdivision.
      8450 Willow Springs Rd, Willow Springs, IL 60480
      View Details
    • $199,900
      0.78 Acres

      Residential Land in Willow Springs

      0.78 acre lot in excellent school district.
      11665 Orchard Rd, Willow Springs, IL 60480
      View Details
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    8420 Archer Ave
    Willow Springs, IL 60480-1371
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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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