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    Property profile & analytics

    9122 Cumberland Ave Niles, IL 60714-1452

    • Residential income homes
    • 3,971 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $570,000
    Last Sale
    Mar 08, 2022
    $525,000
    Location Intelligence
    Property ID
    US28-2303228
    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 9122 Cumberland Ave

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    3,971 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    09-14-318-026
    APU
    914318026

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $565,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $475,000
      Mixed-Use
      $540,000
      Hospitality
      $625,000
      Educational
      $575,000
      Residential Income
      $575,000
      Energy
      $490,000
      Income-Based Land
      $485,000
      Food Service
      $535,000

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.836
    Latitude
    42.0462
    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
    $15,487
    $6,702
    $57,297
    $63,999
    -
    $67,020
    $572,970
    $639,990

    Comparable in this City

    • Value Estimation by Request
      4,424 SF

      8738 Elmore St, Unit 1

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,424 SF
      8738 Elmore St, Niles, IL 60714-1936
      View Details
    • Value Estimation by Request
      4,146 SF

      7342 Carol St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,146 SF
      7342 Carol St, Niles, IL 60714-2173
      View Details
    • Value Estimation by Request
      3,649 SF

      7336 Carol St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,649 SF
      7336 Carol St, Niles, IL 60714-2174
      View Details
    • Value Estimation by Request
      4,111 SF

      8013 Churchill Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,111 SF
      8013 Churchill Ave, Niles, IL 60714-1510
      View Details
    • Value Estimation by Request
      4,004 SF

      9028 Churchill Cir

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,004 SF
      9028 Churchill Cir, Niles, IL 60714-1556
      View Details
    • Value Estimation by Request
      2,767 SF

      7258 Crain St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,767 SF
      7258 Crain St, Niles, IL 60714-2104
      View Details

    Similar Nearby for Sale

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      7,900 SF

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    Similar Nearby for Lease

    • $8 SF/Yr
      8,782 SF

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      8,782 SF industrial space with office near I-94.
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    • $15 SF/Yr
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      600 SF garage space with ample parking available for rent.
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    • Contact for pricing
      1,032 SF

      Regional Retail Center Space Available

      Retail space for lease in regional shopping center.
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      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      High-visibility retail or office space in Niles, IL.
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      View Details
    • Contact for pricing
      12,000 SF

      Retail Outlot Space Available

      Proposed retail outlot space available for lease.
      9004 W Golf Rd, Niles, IL 60714
      View Details
    • Contact for pricing
      4,522 SF

      Retail Space in Niles, Illinois

      Retail space available for rent in Niles, Illinois.
      8900-8938 N Greenwood Ave, Niles, IL 60714
      View Details
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    Niles, IL 60714-1452
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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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