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    Property profile & analytics

    8600 Commercial Ave Chicago, IL 60617-2535

    • Retail space
    • 31,800 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1488518
    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

    • E-Z MIX / Plastic Fabrication Company / Plastic Products Supplier
    • Hyman's Auto Supply / Paint Store

    Property Details for 8600 Commercial Ave

    Year built
    1929
    Lot size
    0.38 lot acres
    Property size
    31,800 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    21-31-425-016
    APU
    2131425016

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5518
    Latitude
    41.7389
    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
    $45,608
    $37,194
    $184,545
    $221,739
    -
    $148,776
    $738,180
    $886,956

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      10034 Ewing Ave

      STORE, RETAIL OUTLET • 0.05 Acres
      10034 Ewing Ave, Chicago, IL 60617
      View Details
    • Value Estimation by Request
      4,700 SF

      9305 Baltimore Ave

      STORE, RETAIL OUTLET • 4,700 SF
      9305 Baltimore Ave, Chicago, IL 60617
      View Details
    • Value Estimation by Request
      4,600 SF

      9628 Torrence Ave

      STORE, RETAIL OUTLET • 4,600 SF
      9628 Torrence Ave, Chicago, IL 60617-4948
      View Details
    • Value Estimation
      $940,000
      23,300 SF

      3011 91st St

      STORE, RETAIL OUTLET • 23,300 SF
      3011 91st St, Chicago, IL 60617
      View Details
    • Value Estimation
      $345,000
      4,800 SF

      7987 Ss Chicago Ave

      STORE, RETAIL OUTLET • 4,800 SF
      7987 Ss Chicago Ave, Chicago, IL 60617
      View Details
    • Value Estimation
      $395,000
      6,000 SF

      3637 106th St

      STORE, RETAIL OUTLET • 6,000 SF
      3637 106th St, Chicago, IL 60617-6638
      View Details

    Similar Nearby for Sale

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      48,000 SF Storefront, Value-Add Opportunity
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      Chicago Retail Investment Opportunity

      Commercial property near 87th & Stoney Island corridor. Great investment!
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      Adaptable commercial space suitable for retail, office, or clinic.
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    • $200,000
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      Versatile Retail/Flex Building Near Skyway

      2,460 SF retail/flex building with development incentives near Skyway.
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      Mixed-use property in East Chatham with retail and residential units.
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    Similar Nearby for Lease

    • $18 SF/Yr
      800 SF

      Retail/Office Storefront in South Shore

      800 SF commercial retail/office space in Chicago's South Shore.
      7908 S Ridgeland Ave, Chicago, IL 60617
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    • Contact for pricing
      29,332 SF

      Stony Island Ave Retail Endcap

      High-traffic Chicago retail space available.
      8721 Stony Island Ave, Chicago, IL 60617
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    • $9,500 /Mo
      5,500 SF

      Commercial Space in South Chicago

      Turnkey 5,500 SF commercial space suitable for school or daycare.
      9139 South Commercial Ave, Chicago, IL 60617
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    • $22 SF/Yr
      592 SF

      Retail Space on Stony Island

      Retail space available in new construction brick strip center.
      8100 S Stony Island Ave, Chicago, IL 60617
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    • $15 SF/Yr

      Modern Office Space Available

      Prime Chicago office space with conference room and natural light.
      9226 S Commercial Ave, Chicago, IL 60617
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    • $12 SF/Yr
      41,000 SF

      South Side Chicago Office Space

      Modern Office Suites, Flexible Sizes
      9200 Commercial Ave, Chicago, IL 60617
      View Details

    Property Visit Statistics

    • Visits by month
      7.1k
    • Visitors by month
      5.2k
    • Avg Time on site
      15 min
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    8600 Commercial Ave
    Chicago, IL 60617-2535
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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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