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Property profile & analytics
OFF-MARKET
Warehouses
1550 Brg Dr Waukegan, IL 60085-6518
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-4756548
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Construction
BRICK
Total area
1,870 SF
Lot
9.34 ac (406,763 SF)
APN
07-36-302-001
UPID
US28-4756548
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Civf Vi Ilimo7 LLC · 4 yrs held
Civf Vi Ilimo7 LLC
since 2022
Last sale
$27.4M
6 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 Waukegan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukegan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$468,656
Tax year 2023
Assessed value
$3,911,078
Assessed 2023
Previous assessed
$3,797,163
+3.0% YoY
Effective rate
11.98%
On assessed value
Assessed land
$745,504
Assessed improvement
$3,165,574
Land market value
$2,236,736
Improvement market value
$9,497,672
Total market value
$11,734,408
Applied tax rate
8,153.0000
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
2021
Construction
BRICK
Heating
NONE
Total area
1,870 SF
Lot
9.34 ac (406,763 SF)
APN
07-36-302-001
UPID
US28-4756548
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
Building & site characteristics
From public records
Year built
2021
Construction
BRICK
Heating
NONE
Lot
9.34 ac
Current owner
From public records · entity-resolved
Civf Vi Ilimo7 LLC
Entity
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
—
Civf Vi Ilim07 LLC
—
Deed
related
$226,000,000 · Equitable Financial Life Insurence Co
Feb 23, 2022
$27,400,000
Civf Vi Ilimo7 LLC
Bridge Point North Prop Owner Phase
Special Warranty Deed
—
Mar 13, 2020
—
Nh Bridge Point North Prop Owner Ph
—
Deed
related
$50,000,000 · Cibc Bank USA
Oct 21, 2019
$9,816,000
Nh Bridge Pt N Prop Owner Phas
Bridge Mcgaw Land LLC
Grant Deed
—
Oct 21, 2019
—
Bridge Mcgaw Land LLC
Mcgaw Vertical Venture Bridge
Quit Claim Deed
related
—
Oct 5, 2017
$1,400,000
Bridge Mcgaw Land LLC
Cardinal Health 200 LLC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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