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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Grocery and convenience stores
1211 Rollins Rd Round Lake Heights, IL 60073-1022
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-0080737
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Construction
BRICK
Total area
7,670 SF
Lot
0.64 ac (27,878 SF)
APN
06-18-110-057
UPID
US28-0080737
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.28M
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.98M
Owner & transaction history
1211 W Rollins Holdings LLC · 5 yrs held
1211 W Rollins Holdings LLC
since 2020
Last sale
$1.8M
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 Round Lake Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Round Lake Heights 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
$2,320,000
ML approach
$2,280,000
CAP Approach
CAP Return
Estimation
6%
$2,355,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,665,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $1.77M (Sep 16 2020)
Last sale anchor
$1.77M
Sep 16 2020
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
$257 / 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
$19,545
Tax year 2023
Assessed value
$228,594
Assessed 2023
Previous assessed
$205,755
+11.1% YoY
Effective rate
8.55%
On assessed value
Assessed land
$61,719
Assessed improvement
$166,875
Land market value
$185,176
Improvement market value
$500,675
Total market value
$685,851
Applied tax rate
7,041.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
NONE
Total area
7,670 SF
Lot
0.64 ac (27,878 SF)
APN
06-18-110-057
UPID
US28-0080737
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
COMMERCIAL (GENERAL)
Est. value
$1.7M
COMMERCIAL (GENERAL)
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
2004
Construction
BRICK
Heating
NONE
Lot
0.64 ac
Current owner
From public records · entity-resolved
1211 W Rollins Holdings LLC
Entity
Mailing address
1211 W ROLLINS RD #1, ROUND LAKE HEIGHTS, IL 60073-1022
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2025
—
1211 W Rollins Holding LLC
—
Deed
related
$180,000 · Graham C Stores Co
Sep 16, 2020
$1,770,000
1211 W Rollins Holdings LLC
Kanudo Petrolum INC
Warranty Deed
$1,652,000 · Celtic Bank Corporation
Jul 28, 2016
—
Kanudo Petrolum INC
—
Deed
related
$1,030,191 · American Cmnty Bk
Mar 21, 2005
—
Kanudo Petrolum INC
—
Deed Of Trust
related
$1,900,000 · Northbrook Bank & Trust Co
Jan 10, 2005
—
Kanudo Petrolum INC
Access Dev Corp
Quit Claim Deed
related
—
Nov 12, 2003
$200,000
Access Development
Us Bank NA Trustee
Grant Deed
—
—
—
Kanudo Petroleum INC
—
Deed Of Trust
related
$960,000 · Vimal Patel
—
—
Kanudo Petrolum INC
—
Loan Modification
related
$1,030,191 · American Cmnty Bk
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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