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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Warehouses
1225 Karl Ct Wauconda, IL 60084-1098
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US28-5336794
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
BRICK
Total area
49,600 SF
Lot
1.15 ac (49,963 SF)
APN
09-23-201-010
UPID
US28-5336794
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
$3.99M
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$3.50M
Owner & transaction history
Sawyer Investment Properties LLC · 14 yrs held
Sawyer Investment Properties LLC
since 2012
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 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%
$4,320,000
6.5%
$3,990,000
7%
$3,705,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,195,000
Current use
INDUSTRIAL (GENERAL)
$3,980,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±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
$70 / 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
$99,157
Tax year 2023
Assessed value
$973,978
Assessed 2023
Previous assessed
$908,731
+7.2% YoY
Effective rate
10.18%
On assessed value
Assessed land
$89,143
Assessed improvement
$884,835
Land market value
$267,456
Improvement market value
$2,654,770
Total market value
$2,922,226
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
2000
Construction
BRICK
Heating
NONE
Total area
49,600 SF
Lot
1.15 ac (49,963 SF)
APN
09-23-201-010
UPID
US28-5336794
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
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE Current
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
2000
Construction
BRICK
Heating
NONE
Lot
1.15 ac
Current owner
From public records · entity-resolved
Sawyer Investment Properties LLC
Entity
Mailing address
1000 WN AVE, CHICAGO, IL 60642-2544
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2017
—
Sawyer Investment Props LLC
—
Loan Modification
related
$1,578,885 · Mb Fin'l Bk
Jun 4, 2012
$2,400,000
Sawyer Investment Properties LLC
Idi Realty LLC
Special Warranty Deed
$1,900,000 · Mb Financial Bank NA
Dec 31, 2007
$3,000,000
Idi Realty LLC
Hudson
Grant Deed
$2,400,000 · Crystal Lake Bank & Trust Co
Aug 27, 2002
—
Hudson LP
—
Deed Of Trust
related
$1,708,222 · Lasalle National Bank
Sep 1, 2000
—
Hudson LP
Fidelitone INC
Grant Deed
$2,480,000 · American Nat'l Bk & Tr Chicago
Aug 25, 1999
$105,833
Fidelitone INC
Holtgren,fredric J
Grant Deed
—
—
—
Fredric Holtgren
—
Deed Of Trust
related
$80,371 · Village Bank & Trust
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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