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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Industrial properties
1120 Rand Rd, Wauconda, IL 60084-1174
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-1005346
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1977
Construction
BRICK
Total area
32,490 SF
Lot
2.35 ac (102,540 SF)
APN
09-23-303-007
UPID
US28-1005346
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$2.17M
Owner & transaction history
Abs JR LLC · 12 yrs held
Abs JR LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.8M
+5.4%
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 Wauconda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wauconda 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,330,000
6.5%
$2,150,000
7%
$2,000,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,610,000
Current use
WAREHOUSE, STORAGE
$2,750,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$67 / SF
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
$49,281
Tax year 2023
Assessed value
$491,452
Assessed 2023
Previous assessed
$451,636
+8.8% YoY
Effective rate
10.03%
On assessed value
Assessed land
$256,358
Assessed improvement
$235,094
Land market value
$769,151
Improvement market value
$705,353
Total market value
$1,474,504
Applied tax rate
13,041.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1977
Construction
BRICK
Heating
NONE
Total area
32,490 SF
Lot
2.35 ac (102,540 SF)
APN
09-23-303-007
UPID
US28-1005346
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
BRICK
Heating
NONE
Lot
2.35 ac
Current owner
From public records · entity-resolved
Abs JR LLC
Entity
Mailing address
441 W BONNER RD, WAUCONDA, IL 60084-1184
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
—
Abs JR LLC
—
Deed
related
$2,500,000 · Byline Bank
Apr 22, 2014
$1,050,000
Abs JR LLC
American Builders & Contractors Sup
Special Warranty Deed
$740,000 · Jpmorgan Chase Bank NA
Jan 21, 2014
—
American Builders & Contractor
1120 Dato LLC
Warranty Deed
—
Mar 4, 2013
$83,876
1120 Dato LLC
Michael A Prate INC
Warranty Deed
$50,000 · Michael A Prate INC
Sep 12, 2011
$1,325,000
Michael A Prate INC
American Builders & Contractors Sup
Warranty Deed
$1,316,286 · American Builders & Contractors Sup
Sep 12, 2008
$2,090,000
Bradco Supply Corp
Michael A Prate INC
Warranty Deed
—
Nov 25, 1997
$1,050,000
Michael A Prate INC
Edward Hines Lumber Co
Grant Deed
$80,000 · American Nat'l Bk & Tr Chicago
—
—
Abs JR LLC
—
Deed Of Trust
related
$611,000 · Small Busn Growth
—
—
Michael A Prate INC
—
Deed Of Trust
related
$1,680,000 · Tcf National Bank
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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