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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Retail space
1209 Barnhart Ct, Zion, IL 60099-2772
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-1492260
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
BRICK
Total area
9,180 SF
Lot
0.31 ac (13,591 SF)
APN
04-16-423-001
UPID
US28-1492260
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
$1.69M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.69M
Owner & transaction history
Agree Stores LLC · 1 yrs held
Agree Stores LLC
since 2024
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+199.7%
Restaurant
$1.6M
+192.5%
Office building
$1.1M
+107.5%
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 Zion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zion 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
$1,685,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
$1,565,000
6.5%
$1,445,000
7%
$1,340,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,605,000
Change: +200% · Conversion: Difficult
RESTAURANT
$1,565,000
Change: +192% · Conversion: Easy
OFFICE BUILDING
$1,110,000
Change: +107% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,100,000
Change: +105% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,030,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.68M (Dec 5 2024)
Last sale anchor
$1.68M
Dec 5 2024
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
$184 / 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
$43,081
Tax year 2023
Assessed value
$305,593
Assessed 2023
Previous assessed
$301,403
+1.4% YoY
Effective rate
14.10%
On assessed value
Assessed land
$27,553
Assessed improvement
$278,040
Land market value
$82,667
Improvement market value
$834,203
Total market value
$916,870
Applied tax rate
2,034.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
NONE
Total area
9,180 SF
Lot
0.31 ac (13,591 SF)
APN
04-16-423-001
UPID
US28-1492260
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
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
BRICK
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Free & Clear · 1 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
$1,682,500
Agree Stores LLC
Nazml001 LLC
Special Warranty Deed
—
Jul 10, 2023
—
Nazniloo1 LLC
—
Deed
related
$26,100,000 · Old National Bank
Jun 6, 2023
$1,534,500
Nazniloo1 LLC
Geneva Pacific Development Fund Nap
Special Warranty Deed
—
Mar 29, 2023
$1,000,000
Geneva Pacific Development Fund Nap
Zion Commons LLC
Special Warranty Deed
—
May 1, 2006
—
Zion Commons LLC
Trust 116966
Grant Deed
—
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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