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Property profile & analytics
FOR LEASE
Retail space
1545 Waukegan Rd Glenview, IL 60025
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0148626
For Lease
1 / 13
$1,880,000
1545 Waukegan Rd, Glenview, IL 60025
View Listing →
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1961
Lot
0.24 ac (10,648 SF)
APN
04-26-409-009
UPID
US28-0148626
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
-
PJS Care Services Home Health Care Service
-
North Labant Mitzi Alternative Medicine Practice Acupuncture
-
Healing Spring Acupuncture Center Alternative Medicine Practice Acupuncture
-
Hair and Nail Thairapy Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
P&w Properties INC · 4 yrs held
P&w Properties INC
since 2022
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 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
$1,940,000
ML approach
$1,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±10% · vs last sale $1.80M (Feb 3 2022)
Last sale anchor
$1.80M
Feb 3 2022
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
$46,035
Tax year 2022
Assessed value
$214,020
Assessed 2022
Previous assessed
$165,000
+29.7% YoY
Effective rate
21.51%
On assessed value
Assessed land
$55,902
Assessed improvement
$158,118
Land market value
$223,608
Improvement market value
$632,472
Total market value
$856,080
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
1961
Heating
NONE
Lot
0.24 ac (10,648 SF)
APN
04-26-409-009
UPID
US28-0148626
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
1961
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
P&w Properties INC
Entity
Mailing address
1545 WAUKEGAN RD, GLENVIEW, IL 60025-2166
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Feb 3, 2022
$1,800,000
P&w Properties INC
1545 Waukegan Road LLC
Special Warranty Deed
$1,315,000 · Fifth Third Bank NA
Aug 14, 2006
$2,000,000
1545 Waukegan Road LLC
Durham,james C & Carol G
Warranty Deed
—
Aug 14, 2006
—
1545 Waukegan Road LLC
Gambacorta Gino & I Trust
Deed Of Trust
related
$1,741,836 · Gambacorta Ptshp
Dec 12, 2001
—
Carol G Durham
Gambacorta Trust
Grant Deed
related
—
Apr 13, 2000
—
Durham,carol G & James C
Gambacorta Trust
Trustees Deed
related
—
Dec 22, 1998
—
Durham,carol G & James C
Gambacorta Trust
Trustees Deed
related
—
—
—
1545 Waukegan Road LLC
—
Deed Of Trust
related
$400,000 · Glenview State Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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