Back to Search
Property profile & analytics
FOR LEASE
Retail space
1247 Waukegan Rd Glenview, IL 60025
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1293524
For Lease
1 / 6
$30 SF/Yr
1247 Waukegan Rd, Glenview, IL 60025
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1973
Lot
1.04 ac (45,302 SF)
APN
04-35-201-037
UPID
US28-1293524
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
-
Sound Mind Counseling - Glenview Crisis Center Medical Clinic
-
Erica Leibrandt Counselor Practitioner Service Location
-
Kathleen Voss Foster Care Service Social Service Agency
-
Ms. Tara Parker Counselor
-
Segueway Solutions Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Avalon Equities Glenview LLC · 1 yrs held
Avalon Equities Glenview LLC
since 2025
Last sale
$1.4M
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 Glenview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenview 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
$1,500,000
ML approach
$1,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.40M (Sep 11 2023)
Last sale anchor
$1.40M
Sep 11 2023
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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$78,561
Tax year 2022
Assessed value
$365,236
Assessed 2022
Previous assessed
$329,000
+11.0% YoY
Effective rate
21.51%
On assessed value
Assessed land
$237,021
Assessed improvement
$128,215
Land market value
$948,084
Improvement market value
$512,860
Total market value
$1,460,944
Applied tax rate
25,038.0000
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
STORE, RETAIL OUTLET
Status
For Lease
Year built
1973
Heating
NONE
Lot
1.04 ac (45,302 SF)
APN
04-35-201-037
UPID
US28-1293524
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL 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
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Avalon Equities Glenview LLC
Entity
Mailing address
3315 ALGONQUIN RD, ROLLING MEADOWS, IL 60008-3257
Ownership since
2025
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 19, 2025
$700,000
Avalon Equities Glenview LLC
Avalon Equities Glenview LLC
Warranty Deed
related
$2,000,000 · American Community Bank & Trust
May 20, 2024
—
Avalon Equities Glenview LLC
—
Deed
related
$500,000 · Libertyville Bank & Trust Co
Sep 11, 2023
$1,400,000
Avalon Equvities Glenview LLC
Lynch Properties IV LLC
Special Warranty Deed
$1,000,000 · Libertyville Bank & Trust Co
Sep 23, 2015
—
Lynch Properties IV LLC
1245 Waukegan Road LLC
Grant Deed
related
—
Mar 1, 2002
—
1245 Waukegan Road LLC
Lasalle Bank NA Trustee
Grant Deed
$730,000 · Gary S Sylvan
—
—
1245 Waukegan Road LLC
—
Deed Of Trust
related
$525,000 · Gary S Sylvan
—
—
1245 Waukegan Road LLC
—
Deed Of Trust
related
$525,000 · Gary S Sylvan
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
