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    Property profile & analytics

    1177 Northpoint Blvd Waukegan, IL 60085-8216

    • Hotels
    • 2,016 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimation
    $4,090,000
    Last Sale
    Dec 18, 2023
    $3,935,000
    Location Intelligence
    Property ID
    US28-2123740
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hometowne Studios by Red Roof / Hotel
    • HomeTowne Studios Chicago - Waukegan / Hotel / Extended Stay Hotel

    Property Details for 1177 Northpoint Blvd

    Year built
    1998
    Construction
    FRAME
    Lot size
    1.49 lot acres
    Property size
    2,016 SF
    Property type
    Hotels
    APN
    07-36-203-025
    APU
    736203025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,835,000
      6.5%
      $4,305,000
      7%
      $4,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,460,000
      Geo Method
      $4,475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,240,000
      Retail
      $3,650,000
      Mixed-Use
      $3,495,000
      Hospitality
      $4,015,000
      Educational
      $3,605,000
      Residential Income
      $4,525,000
      Energy
      $4,130,000
      Income-Based Land
      $3,880,000
      Food Service
      $3,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.887
    Latitude
    42.3384
    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
    $85,401
    $121,348
    $591,306
    $712,654
    -
    $364,080
    $1,774,095
    $2,138,175

    Comparable in this City

    • Value Estimation
      $6,835,000
      21,234 SF

      1440 White Oak Dr

      HOTEL • 21,234 SF
      1440 White Oak Dr, Waukegan, IL 60085-8300
      View Details
    • Value Estimation
      $1,150,000
      10,000 SF

      200 Grn Bay Rd

      HOTEL • 10,000 SF
      200 Grn Bay Rd, Waukegan, IL 60085-4411
      View Details
    • Value Estimation
      $755,000
      15,960 SF

      680 Grn Bay Rd

      HOTEL • 15,960 SF
      680 Grn Bay Rd, Waukegan, IL 60085-7007
      View Details
    • Value Estimation
      $2,045,000
      60,564 SF

      3730 Casimir Pulaski Dr

      HOTEL • 60,564 SF
      3730 Casimir Pulaski Dr, Waukegan, IL 60085
      View Details
    • Value Estimation by Request
      57,216 SF

      400 Lakehurst Rd

      HOTEL • 57,216 SF
      400 Lakehurst Rd, Waukegan, IL 60085-6604
      View Details
    • Value Estimation
      $800,000
      56,944 SF

      611 Lakehurst Rd

      HOTEL • 56,944 SF
      611 Lakehurst Rd, Waukegan, IL 60085-6707
      View Details

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      Office space for rent in Waukegan, ready for new tenants.
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      Waukegan Commercial Land Opportunity

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      402 Lakehurst Rd, Waukegan, IL 60085
      View Details
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    Waukegan, IL 60085-8216
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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