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    The Largest CRE Database in the US with Over 1 Million Listings

    Bruce Kaplan, Illinois

    License ID: 475075614
    Premier Commercial Realty
    Years of Experience
    18
    Association
    Illinois Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (847) 854-2300
    Office Address:
    9225 S Rte 31, Lake in the Hills, IL, 60156

    Performance

    Listings
    40
    Total transactions
    128
    Total transactions amount
    $64M
    Price range
    $333k - 750k
    Average price
    $500k

    Listings

    For Sale (26)

    View map
    • $1,150,000
      8,000 SF

      Island Lake Live/Work Compound

      19-acre estate, 8,000 sq ft, ideal live/work
      706 Burnett Rd, Island Lake, IL 60042
      View Details
    • $475,000
      4,000 SF

      Richmond Auto Center Investment

      Fully leased, high-cap rate auto shop.
      9001 Us Highway 12, Richmond, IL 60071
      View Details
    • $1,145,000
      6.67 Acres

      Cary, IL Commercial Land: 6.67 Acres

      Prime Commercial Development Site, Cary, IL
      0 Sec 3 Oaks & Georgetown, Cary, IL 60013
      View Details
    • $895,000
      4.34 Acres

      Volo Commercial Land - $895K

      4.34 Acres, High-Traffic Corner, Multi-Family Potential
      27419 Molidor Rd, Volo, IL 60041
      View Details
    • $2,300,000
      21,360 SF

      McHenry Office Building Investment

      21,360 SF Multi-Tenant Office, 58% Leased
      3911 Mercy Dr, McHenry, IL 60050
      View Details
    • $399,000
      8.50 Acres

      Prime Commercial Land, Port Barrington

      8.5 Acres, Signalized Intersection, BG Zoning
      28965 Roberts Rd, Port Barrington, IL 60010
      View Details
    • $415,000
      2.20 Acres

      Algonquin Commercial Land - $415K

      2.2-acre commercial lot, high traffic.
      600 Algonquin Rd, Algonquin, IL 60102
      View Details
    • $249,900
      4.72 Acres

      Hebron Commercial Land - 4.72 Acres

      Prime Commercial/Residential Land, B1 Zoning
      0 Il 173 & Kennedy St, Hebron, IL 60034
      View Details
    • $599,832
      1.97 Acres

      Route 14 Commercial Land - Cary, IL

      1.97 Acres, B-3 Zoning, Prime Location
      3 4 Rte 14, Cary, IL 60013
      View Details
    • $2,300,000
      40.00 Acres

      40-Acre Wauconda Commercial Land

      Prime Wauconda land, home/office, outbuildings.
      27125 Williams Park Rd, Wauconda, IL 60084
      View Details
    • $1,840,500
      16,756 SF

      Crystal Lake Industrial Building For Sale

      16,756 SF industrial building with office and warehouse space.
      186 Virginia Rd, Crystal Lake, IL
      View Details
    • $2,400,000
      20,000 SF

      McHenry Office Building For Sale

      20,000 SF office building for sale or lease.
      4209 W Shamrock Ln, McHenry, IL 60050
      View Details
    • $5,325,000
      96,959 SF

      Wheeling Industrial Warehouse For Sale

      96,959 SF industrial warehouse with heavy power and truck docks.
      1033 Noel Ave, Wheeling, IL 60090
      View Details
    • $2,300,000

      Wauconda 40-Acre Live/Work Property

      40 acres with home, barn, storage, and pond.
      27125 N Williams Park Rd, Wauconda, IL
      View Details
    • $593,500

      Commercial Land at Signalized Intersection

      1.09 AC commercial land for sale at Talaga Dr.
      Talaga Dr, Algonquin, IL
      View Details
    • $199,000

      Commercial Lot Near Residential Area

      4.72-acre commercial lot near Route 173 and Kennedy Dr.
      13 & Kennedy St, Hebron, IL
      View Details
    • $599,000

      Island Lake Live/Work Property

      8-9 acre property with house, barn, and garage.
      706 E Burnett Rd, Island Lake, IL 60042
      View Details
    • $649,000
      988 SF

      Freestanding Drive-Thru Restaurant Opportunity

      988 SF drive-thru restaurant on busy Route 14.
      62 Hwy NW, Cary, IL
      View Details
    • $435,000
      4,000 SF

      Leased Automotive Building on Highway

      Two-unit automotive building with long-term leases and highway frontage.
      9001 03 Us Hwy, Richmond, IL
      View Details
    • $410,000

      Industrial Land in Terra Cotta

      1 to 5 acre industrial lots for sale.
      22-24 Knaack Blvd, Crystal Lake, IL
      View Details
    • $1,145,000

      Commercial Land with Road Frontage

      6.67-acre commercial site with frontage on 3 roads.
      3 Oaks Rd, Cary, IL 60013
      View Details
    • $599,832

      Commercial Development Land on Route 14

      1.97 acres of commercial land available on Route 14.
      14 Us Rte, Cary, IL
      View Details
    • $415,000

      Commercial Corner Lot on Algonquin

      2.2 acre commercial corner lot with high traffic volume.
      600 W Algonquin Rd, Algonquin, IL
      View Details
    • $399,000

      Commercial Land at Roberts Road

      8.5 acres of commercial land at signalized intersection.
      28965 W Roberts Rd, Port Barrington, IL 60010
      View Details
    • $675,000
      6,000 SF

      Contractor Yard with Steel Building

      6,000 SF steel building on 1.13 acres for sale.
      1050 Tamarac Dr, Carpentersville, IL 60110
      View Details
    • $895,000

      Signalized Corner with Development Potential

      4.34 acres at signalized intersection in Volo, Illinois.
      27419 W Molidor Rd, Volo, IL 60041
      View Details

    For Lease (14)

    View map
    • $12 SF/Yr
      7,000 SF

      Crystal Lake Retail/Office Space

      Prime 3,140 SF End Unit Available
      829 Virginia Rd, Crystal Lake, IL 60014
      View Details
    • $12 SF/Yr
      21,360 SF

      Prime Medical/Office Suites in McHenry County

      Two Suites Available: 1,450 SF & 6,499 SF
      3913 Mercy Dr, McHenry, IL 60050
      View Details
    • $16 SF/Yr
      26,015 SF

      Prime Retail Storefront, Route 14

      High-Visibility Retail Space, Excellent Location
      502 Northwest Hwy, Cary, IL 60013
      View Details
    • $16 SF/Yr
      3,600 SF

      Medical Condo in Crystal Lake

      3,600 SF medical condo with examination rooms and offices.
      380 N Terra Cotta Rd, Crystal Lake, IL
      View Details
    • $12 SF/Yr
      1,920 SF

      Office Space Near Randall Road

      Office space with reception, break room, and private offices.
      2102 W Algonquin Rd, Lake in the Hills, IL 60156
      View Details
    • $2,167 /Mo
      2,080 SF

      Retail/Showroom/Warehouse Space Available

      2,080 SF retail/showroom/warehouse space for lease.
      9114 Virginia Rd, Lake in the Hills, IL
      View Details
    • $15 SF/Yr
      1,920 SF

      Algonquin Retail Space For Rent

      Retail storefronts available in high-visibility Algonquin strip center.
      1107-1125 S Main St, Algonquin, IL
      View Details
    • $2,300,000
      434 SF

      McHenry Office Suites For Rent

      Two office suites available in single-story brick building.
      3911-3929 Mercy Dr, McHenry, IL 60050
      View Details
    • $18 SF/Yr
      1,215 SF

      Retail Space in Cary, Illinois

      Highly visible retail space in a popular retail center.
      500-504 Hwy NW, Cary, IL
      View Details
    • $19 SF/Yr
      4,800 SF

      Former Martial Arts Studio Space

      4,800 SF former martial arts studio available for rent.
      1049 W Main St, Sleepy Hollow, IL 60118
      View Details
    • $149,900
      1,400 SF

      Route 14 Office/Retail Building

      1,400 SF office/retail building on busy Route 14.
      179-181 S Hwy NW, Cary, IL
      View Details
    • $499,000
      2,288 SF

      Vintage Office Building Near Metra

      Two-story office building near Metra station available for lease.
      108 N Walkup Ave, Crystal Lake, IL
      View Details
    • $4 SF/Yr
      2,400 SF

      Renovated Office Space on Route 14

      2,400 SF office space ideal for dance, martial arts.
      25 S Virginia St, Crystal Lake, IL
      View Details
    • $12 SF/Yr
      3,140 SF

      Crystal Lake Retail or Office

      3,140 SF end unit with high visibility.
      829 S Virginia Rd, Crystal Lake, IL
      View Details

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    Bruce Kaplan, Illinois
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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