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    Property profile & analytics

    8648 Carmen Ave Norridge, IL 60706-2801

    • Residential income homes
    • 3,018 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 02, 2021
    Location Intelligence
    Property ID
    US28-5254263
    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 8648 Carmen Ave

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    3,018 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    12-11-321-011
    APU
    1211321011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8436
    Latitude
    41.9718
    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
    $10,513
    $7,861
    $42,138
    $49,999
    -
    $78,610
    $421,380
    $499,990

    Comparable in this City

    • Value Estimation by Request
      3,050 SF

      8628 Carmen Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,050 SF
      8628 Carmen Ave, Norridge, IL 60706-2801
      View Details
    • Value Estimation by Request
      3,078 SF

      8616 Carmen Ave, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,078 SF
      8616 Carmen Ave, Norridge, IL 60706-2801
      View Details
    • Value Estimation by Request
      3,605 SF

      4644 Sayre Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,605 SF
      4644 Sayre Ave, Harwood Heights, IL 60706-4924
      View Details
    • Value Estimation by Request
      3,360 SF

      4728 Sayre Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,360 SF
      4728 Sayre Ave, Harwood Heights, IL 60706-3930
      View Details
    • Value Estimation by Request
      4,032 SF

      4633 Sayre Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,032 SF
      4633 Sayre Ave, Harwood Heights, IL 60706-4847
      View Details
    • Value Estimation by Request
      3,552 SF

      4912 Harlem Ave, Unit 1W

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,552 SF
      4912 Harlem Ave, Harwood Heights, IL 60706-3537
      View Details

    Similar Nearby for Sale

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      Mixed-use property featuring apartments, retail, and a large retail building.
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      Norridge Business Opportunity: Huge Potential

      Large building, ideal owner-user or investor.
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    • $3,250,000
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      Prime Harwood Heights Restaurant

      7,500 SF Restaurant w/ Parking
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    • $790,000

      Norridge Commercial Land - $790K

      Prime Norridge corner lot, high traffic.
      4435 Harlem Ave, Norridge, IL 60706
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo

      Harwood Heights 2-Bed Condo Apartment

      Two-bedroom apartment in Harwood Heights featuring hardwood floors, updated kitchen, and included heat and cooking gas.
      4916 N Harlem Ave, Harwood Heights, IL 60706
      View Details
    • $22 SF/Yr
      3,726 SF

      Norridge Retail Space: Prime Location

      3,726 SF Retail/Office, High Visibility
      7723 Lawrence Ave, Norridge, IL 60706
      View Details
    • Contact for pricing
      1,863 SF

      Harwood Heights Office Space Available

      Office space for rent near Harlem-Irving Plaza.
      4600-4634 N Harlem Ave, Harwood Heights, IL 60706
      View Details
    • Contact for pricing
      25,406 SF

      Norridge Retail Space For Lease

      Retail spaces available in Norridge Commons shopping center.
      4103-4137 N Harlem Ave, Norridge, IL 60706
      View Details
    • $24 SF/Yr
      70,345 SF

      Holiday Plaza Retail Space Available

      Harwood Heights, IL Strip Center - 70,345 SF
      4747 Harlem Ave, Harwood Heights, IL 60706
      View Details
    • Contact for pricing

      Retail Space and Outlot Available

      Retail space and outlot available in high-traffic Norridge location.
      4533 Nottingham Ave, Norridge, IL 60706
      View Details
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    8648 Carmen Ave
    Norridge, IL 60706-2801
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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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