Financial
Distress signals
Property profile

222 Wisconsin Ave Lake Forest, IL 60045

OFF-MARKET
Office buildings
Property ID
US28-2398560
27,176 SF 0.79 ac lot Built 1964
Last sale Nov 2023 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Lake Forest, Illinois commercial property, located at 222 E Wisconsin Ave (Wisconsin Avenue / Western Avenue), offers 12 available executive office suites within a 22,000 square foot Class B building. The property is zoned B-3 and situated in Lake County (zip code 60045). Suites range from a minimum of 226 square feet to a maximum contiguous space of 960 square feet, with a total of 5,362 square feet currently vacant. The building is multi-tenant, providing a diverse and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$551k
Assessed land$385k
Assessed improvement$166k
Effective rate5.70%

Value estimate

· Sep 2026
$2.70M
$2.43M – $2.97M
AI approach$2.65M
Submarket $/SF estimate$1.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$61 – $193

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.3
Auto Repair Shop9.0
Computer & Electronic Repair8.8

Location

222 Wisconsin Ave Lake Forest, IL 60045-1735
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
194 Westminster, Lake Forest, IL 60045-1840 $3,275,000 Feb 2024 9,832 SF
1401 Western, Lake Forest, IL 60045-1256 $900,000 May 2022 9,600 SF
840 Waukegan Rd, Lake Forest, IL 60045-2608 $19,750,000 Mar 2022 No data
560 Oakwood, Lake Forest, IL 60045-1972 $1,800,000 Jun 2021 11,330 SF
582 Oakwood, Lake Forest, IL 60045-1974 $1,210,000 Mar 2021 7,696 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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