33950 Us Hwy 45Gages Lake, IL 60030

  • Hospitality properties
  • 6,270 SF
Off market
$8,161,320 Estimated

Property Details for 33950 Us Hwy 45

Year built
1965
Construction
FRAME
Lot size
0.81 AC
Property size (Sq ft)
6,270 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
07-30-101-012
APU
730101012

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,285,903
    6.5%
    $1,186,987
    7%
    $1,102,202
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,495,893
    Geo Method
    $1,919,169
  • Alternative Use

    Use
    Valuation
    Residential
    $1,295,845
    Hospitality
    $1,186,987
    Educational
    $987,560
    Medical
    $1,021,523
    Retail
    $1,536,204
33950 Us Hwy 45, Gages Lake, Illinois
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Location Insight

City
Gages Lake
County
Lake
State
Illinois
Latitude
42.3562
Longitude
-88.0032
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
2023
$13,736
$58,960
$81,411
$140,371
-
$176,898
$244,257
$421,155

FAQs

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