5050 LkMelrose Park, IL 60160
- Auto shops
- 0.25 AC
Off market
$2,500,790 Estimated
Property Details for 5050 Lk
- Year built
- 1953
- Lot size
- 0.25 AC
- Property type
- Auto shops
- APN
- 15-05-103-010
- APU
- 1505103010
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,811,240
- 6.5%
- $4,441,145
- 7%
- $4,123,920
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,568,845
- Geo Method
- $3,568,845
-
Alternative Use
- Use
- Valuation
- Residential
- $3,746,272
- Hospitality
- $3,431,565
- Educational
- $2,855,022
- Medical
- $2,953,210
- Retail
- $4,441,145
Location Insight
- City
- Melrose Park
- County
- Cook
- State
- Illinois
- Latitude
- 41.9015
- Longitude
- -87.8979
- 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
$17,181
$32,619
$13,200
$45,819
-
$130,476
$52,800
$183,276
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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