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Property profile & analytics
OFF-MARKET
Investment properties
1014 Washington St Waukegan, IL 60085-5429
Individually Owned
1-yr Hold
Free & Clear
Property ID
US28-0758252
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1901
Construction
FRAME
Total area
1,162 SF
Lot
0.1 ac (4,474 SF)
APN
08-21-304-036
UPID
US28-0758252
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FHCS Mobile Laboratory FHCS Mobile Laboratory Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Romualdo Meza · 1 yrs held
Romualdo Meza
since 2025
Last sale
$100,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waukegan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukegan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,825
Tax year 2023
Assessed value
$35,526
Assessed 2023
Previous assessed
$33,834
+5.0% YoY
Effective rate
7.95%
On assessed value
Assessed land
$6,905
Assessed improvement
$28,621
Land market value
$20,717
Improvement market value
$85,871
Total market value
$106,588
Applied tax rate
9,012.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1901
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
1
Total area
1,162 SF
Lot
0.1 ac (4,474 SF)
APN
08-21-304-036
UPID
US28-0758252
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1901
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Romualdo Meza
Individual
Free & Clear · 1 yrs held
Mailing address
1014 WASHINGTON ST, WAUKEGAN, IL 60085-5429
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
$100,000
Romualdo Meza
Juan A Munoz
Warranty Deed
—
Apr 27, 2020
$80,000
Juan A Munoz
Trust Number 8002373553
Grant Deed
—
Apr 19, 2017
—
Trust 8002373553
Fhcs Mobile Laboratory Svcs
Quit Claim Deed
related
—
Oct 30, 2013
$51,000
Fhcs Mobile Laboratory Svcs
Pb & J Xxxi LLC
Grant Deed
—
Nov 20, 2012
—
Pb & J Xxxi LLC
Sheriff Of Lake County
Trustees Deed
related
—
Apr 16, 2008
—
Ibarra Alicia M Trust
—
Trustees Deed
related
$40,000 · Victor M Ibarra
May 23, 2006
—
Ibarra Alicia M Trust
Ibarra,alicia M
Quit Claim Deed
related
—
Jul 26, 2002
—
Alicia M Ibarra
Basave,roberto I & Alicia M
Quit Claim Deed
related
—
May 19, 2000
$60,000
Alicia Ibarra
Key Bank USA NA
Grant Deed
—
Jan 5, 2000
—
Key Bank USA NA
Tapia,ricardo
Trustees Deed
related
—
Mar 5, 1998
$80,000
Ricardo Tapia
Livaditis,john
Grant Deed
$72,000 · Midwest Mortgage Finance LLC
—
—
Richard Tapia
—
Deed Of Trust
related
$6,500 · Individual
—
—
Alicia M Ibarra
—
Deed Of Trust
related
$75,000 · Parkway Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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