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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Warehouses
1220 Old Rand Rd Wauconda, IL 60084-1160
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-2134260
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
BRICK
Total area
14,459 SF
Lot
0.97 ac (42,253 SF)
APN
09-23-103-003
UPID
US28-2134260
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
$1.17M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.11M
Owner & transaction history
Green World Real Estate Investment · 7 yrs held
Green World Real Estate Investment
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+50.4%
Office building
$1.8M
+43.1%
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%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,225,000
Current use
RETAIL STORES
$1,840,000
Change: +50% · Conversion: Moderate
OFFICE BUILDING
$1,750,000
Change: +43% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,160,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$77 / 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
$32,951
Tax year 2023
Assessed value
$323,663
Assessed 2023
Previous assessed
$301,981
+7.2% YoY
Effective rate
10.18%
On assessed value
Assessed land
$82,091
Assessed improvement
$241,572
Land market value
$246,298
Improvement market value
$724,788
Total market value
$971,086
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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
NONE
Total area
14,459 SF
Lot
0.97 ac (42,253 SF)
APN
09-23-103-003
UPID
US28-2134260
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
WAREHOUSE, STORAGE Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (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
1989
Construction
BRICK
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
Green World Real Estate Investment
Entity
Mailing address
1220 N OLD RAND RD, WAUCONDA, IL 60084-1160
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2019
—
Green World R & E Invs LLC
—
Deed
related
$320,000 · Somercor 504
Nov 2, 2018
$775,000
Green World Real Estate Investment
Clover Investment Corp
Warranty Deed
$387,500 · Pnc Bank NA
Aug 8, 2016
—
Clover Investment Corporation
—
Deed
related
$3,299,000 · Ridgestone Bank
Aug 29, 2007
—
Clover Investment Corp
Trust 94-117
Grant Deed
$900,000 · Mount Prospect National Bank
—
—
Clover Investment Corp
—
Loan Modification
related
$690,000 · Firstmerit Bk
—
—
Green World R & E Invs LLC
—
Deed Of Trust
related
$320,000 · Somercor 504
—
—
Green World R & E Invs LLC
—
Deed Of Trust
related
$387,500 · Pnc Bk
—
—
Grand Premier Tr & Inv INC Tte
—
Deed Of Trust
related
$400,000 · Grand National Bank
—
—
Clover Investment Corp
—
Deed Of Trust
related
$525,000 · Midwest Bank & Trust Co
—
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$754,432 · Fifth Third Bank Chicago
—
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$200,000 · Fifth Third Bank Chicago
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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