20420 TorrenceLynwood, IL 60411

  • Residential income homes
  • 2,432 SF
Off market
$5,290,000 Estimated

Property Details for 20420 Torrence

Year built
1959
Construction
FRAME
Lot size
0.53 AC
Property size (Sq ft)
2,432 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
32-13-201-034
APU
3213201034

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $969,154
    6.5%
    $894,603
    7%
    $830,703
  • Comparable approach

    Method
    Valuation
    Relative Method
    $490,990
    Geo Method
    $490,990
  • Alternative Use

    Use
    Valuation
    Residential
    $894,603
    Hospitality
    $819,452
    Educational
    $681,774
    Medical
    $705,222
    Retail
    $1,060,538

Location Insight

City
Lynwood
County
Cook
State
Illinois
Latitude
41.5244
Longitude
-87.5589
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
$5,578
$2,875
$12,262
$15,137
-
$28,750
$122,620
$151,370

FAQs

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