Property profile

1609 Belvidere Rd Waukegan, IL 60085

OFF-MARKET
Turn key restaurants
Property ID
US28-2043523
9,514 SF 0.78 ac lot Built 1955
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1955
Construction BRICK
Total area 9,514 SF
Lot 0.78 ac (33,962 SF)
APN 08-29-222-043
UPID US28-2043523

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

1609 Belvidere Rd Waukegan, IL 60085-7217
Waukegan metro Census 862501 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$581k
Blend (final) Blend
$585k

Owner & transaction history

since 2005
3 recorded transactions
2005
$400,000
1998
$305,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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