Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1451 Golf Rd Waukegan, IL 60085

FOR SALE
Turn key restaurants
Property ID
US28-1850928
7,804 SF 0.19 ac lot Built 1969
Last sale May 2008
Trust Owned Owner of record is a trust. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$79k
Assessed land$18k
Assessed improvement$61k
Effective rate8.97%

Value estimate

· Oct 2026
$285k
$257k – $314k
Submarket $/SF estimate$477k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$3k
Operating expenses−$24k
NOI · 13.08% cap applied$72k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$61 – $220

Cap rate analysis

How does the asset earn?
13.08%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.6
Realty agency17.6
Building Supply11.9

Location

1451 Golf Rd Waukegan, IL 60085
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
521 Greenwood, Waukegan, IL 60087-5102 $850,000 Apr 2025 9,180 SF
2001 Grn Bay, Waukegan, IL 60087-4218 $1,300,000 Jul 2024 11,988 SF
1920 Lewis, Waukegan, IL 60087-4724 $425,000 Apr 2024 11,175 SF
3227 Sunset, Waukegan, IL 60087-3433 $1,500,000 Apr 2022 4,896 SF
907 Greenwood, Waukegan, IL 60087-4912 $170,000 Jun 2020 6,300 SF
3123 Lewis, Waukegan, IL 60087 $3,430,000 Dec 2019 12,152 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again