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Property profile & analytics
OFF-MARKET
Investment properties
1800 Wedgewood Dr, Gurnee, IL 60031-1264
Entity Owned
Free & Clear
Property ID
US28-2815965
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1982
Construction
FRAME
Total area
805 SF
Lot
0.44 ac (19,014 SF)
APN
07-14-203-260
UPID
US28-2815965
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
Hvg Luna Park Associates LLC
Hvg Luna Park Associates LLC
since 2026
Last sale
$31.1M
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 Gurnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gurnee 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
$102,982
Tax year 2023
Assessed value
$1,066,068
Assessed 2023
Previous assessed
$1,066,068
+0.0% YoY
Effective rate
9.66%
On assessed value
Assessed land
$25,839
Assessed improvement
$1,040,229
Land market value
$77,525
Improvement market value
$3,120,999
Total market value
$3,198,524
Applied tax rate
8,001.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
805 SF
Lot
0.44 ac (19,014 SF)
APN
07-14-203-260
UPID
US28-2815965
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
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Hvg Luna Park Associates LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
—
Hvg Luna Park Associates LLC
Madick Luna Park LLC
Special Warranty Deed
—
Oct 15, 2021
—
Gurnee Deer Creek Apartments LLC
—
Deed
related
$18,620,000 · Berkadia Commercial Mortgage LLC
Oct 17, 2019
—
Gurnee Deer Crk Apts LLC
—
Grant Deed
related
$15,421,555 · Bbva USA
Oct 11, 2019
$92,000
Gurnee Deer Crk Apts LLC
William R Nealis
Grant Deed
—
Nov 8, 2010
$39,500
William R Nealis
Federal Natl Mtg Assn Fnma
Grant Deed
—
Aug 6, 2007
$115,000
Suzanne M Hanson
Equities Associates Corp
Special Warranty Deed
$87,000 · Harris NA
Jan 31, 2007
$150,000
Manoel C Carreira
Equities Associates Corp
Special Warranty Deed
$119,920 · Equifirst Corp
Dec 21, 2006
$115,000
John Turnbull
Equities Associates Corp
Special Warranty Deed
$80,400 · American Brokers Conduit
Dec 21, 2006
$120,000
John Turnbull
Equities Associates Corp
Special Warranty Deed
$83,900 · American Brokers Conduit
Dec 18, 2006
$150,000
Adriana Santos
Equities Associates Corp
Special Warranty Deed
$119,920 · Equifirst Corp
Nov 17, 2006
$105,000
Mark J Stodola
Equities Associates Corp
Special Warranty Deed
$83,920 · Inland Condo Investor Loan Corp
Oct 31, 2006
$105,000
Hector Rivera
Equities Associates Corp
Special Warranty Deed
$83,920 · Long Beach Mortgage Co
Oct 31, 2006
$135,000
Elvia Rodriguez
Equities Associates Corp
Special Warranty Deed
$107,920 · Indymac Bank Fsb
Oct 24, 2006
$136,000
Robert Bauer
Equities Associates Corp
Special Warranty Deed
$108,784 · Citimortgage INC
Oct 16, 2006
$134,900
Nehemias Martinez
Equities Associates Corp
Grant Deed
$134,900 · First Magnus Financial Corp
Sep 27, 2006
$136,500
Cecilia Mapula
Equities Associates Corp
Special Warranty Deed
$108,837 · American Mortgage Network INC
Aug 21, 2006
$135,000
Dirk Krasinski
Equities Associates Corp
Special Warranty Deed
$20,000 · National City Bank
Aug 15, 2006
$130,000
Butler Lessa
Equities Associates Corp
Special Warranty Deed
$103,920 · New Century Mortgage Corp
Jul 11, 2006
—
Pete Llamas
Equities Associates Corp
Special Warranty Deed
$94,430 · Inland Bank & Trust
Jun 30, 2006
$200,000
Leianna M Sara
Equities Associates Corp
Special Warranty Deed
$139,900 · American Home Mortgage Corp
Feb 2, 2006
$135,000
Michael D Stodola
Equities Associates Corp
Special Warranty Deed
$94,400 · American Home Mortgage Corp
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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