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    Property profile & analytics

    857 Nnw Hwy Park Ridge, IL 60068-2477

    • Residential income homes
    • 3,210 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Dec 20, 2022
    $490,000
    Location Intelligence
    Property ID
    US28-2172128
    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 857 Nnw Hwy

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.08 lot acres
    Property size
    3,210 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    09-27-203-020
    APU
    927203020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $470,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $480,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $560,000
      Mixed-Use
      $410,000
      Hospitality
      $560,000
      Educational
      $485,000
      Residential Income
      $425,000
      Energy
      $500,000
      Income-Based Land
      $505,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Park Ridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8479
    Latitude
    42.0232
    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
    $5,486
    $4,322
    $19,853
    $24,175
    -
    $43,220
    $198,530
    $241,750

    Comparable in this City

    • Value Estimation by Request
      5,592 SF

      1017 Busse Hwy

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,592 SF
      1017 Busse Hwy, Park Ridge, IL 60068-1856
      View Details
    • Value Estimation by Request
      3,324 SF

      427 Leonard St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,324 SF
      427 Leonard St, Park Ridge, IL 60068-3323
      View Details
    • Value Estimation by Request
      2,530 SF

      815 Lincoln Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,530 SF
      815 Lincoln Ave, Park Ridge, IL 60068
      View Details
    • Value Estimation by Request
      4,215 SF

      106 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,215 SF
      106 Main St, Park Ridge, IL 60068-4030
      View Details
    • Value Estimation by Request
      4,181 SF

      1985 Parkside Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,181 SF
      1985 Parkside Dr, Park Ridge, IL 60068
      View Details
    • Value Estimation by Request
      3,500 SF

      505 Smt Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,500 SF
      505 Smt Ave, Park Ridge, IL 60068-4969
      View Details

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    Similar Nearby for Lease

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    857 Nnw Hwy
    Park Ridge, IL 60068-2477
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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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