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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Gas stations
1740 1st St, Highland Park, IL 60035-3202
Entity Owned
17-yr Hold
Free & Clear
Property ID
US28-1117284
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1925
Construction
BRICK
Total area
10,850 SF
Lot
0.16 ac (7,000 SF)
APN
16-23-321-012
UPID
US28-1117284
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
-
Martinizing Cleaners (Bike/Boat/Book/etc) Store
-
25th Hour Consulting Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$735k
Owner & transaction history
Dimitriou Central II LLC · 17 yrs held
Dimitriou Central II LLC
since 2008
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 Highland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
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
$68 / SF
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
$17,590
Tax year 2023
Assessed value
$177,806
Assessed 2023
Previous assessed
$195,330
-9.0% YoY
Effective rate
9.89%
On assessed value
Assessed land
$177,806
Land market value
$533,471
Total market value
$533,471
Applied tax rate
18,004.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1925
Construction
BRICK
Heating
NONE
Total area
10,850 SF
Lot
0.16 ac (7,000 SF)
APN
16-23-321-012
UPID
US28-1117284
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
1925
Construction
BRICK
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Dimitriou Central II LLC
Entity
Free & Clear · 17 yrs held
Mailing address
446 CENTRAL AVE, HIGHLAND PARK, IL 60035-2651
Ownership since
2008
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 12, 2020
—
Dimitriou Management LLC
—
Deed
related
$500,000 · First Bk/highland Park
Dec 4, 2008
—
Dimitriou Central II LLC
—
Deed Of Trust
related
$13,000,000 · First Midwest Bank
Oct 20, 2008
$1,700,000
Dimitriou Central II LLC
Sher,richard & Nancy
Warranty Deed
—
—
—
Dimitriou Central II LLC
—
Deed Of Trust
related
$21,708,000 · First Bk/highland Park
—
—
Dimitriou Management LLC
—
Deed Of Trust
related
$500,000 · First Bk/highland Park
—
—
Dimitriou Management LLC
—
Loan Modification
related
$19,060,000 · First Bk/highland Park
—
—
Dimitriou Central II LLC
—
Deed Of Trust
related
$17,958,345 · First Midwest 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.
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