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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Car washes
183 Us Hwy 45, Grayslake, IL 60030-2203
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-1754907
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2007
Construction
BRICK
Total area
19,260 SF
Lot
0.35 ac (15,246 SF)
APN
07-31-108-043
UPID
US28-1754907
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
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.49M
Owner & transaction history
Torres Family Investments LLC · 2 yrs held
Torres Family Investments LLC
since 2023
Last sale
$1.3M
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 Grayslake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grayslake 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
$1,610,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.30M (Jan 27 2025)
Last sale anchor
$1.30M
Jan 27 2025
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
$77 / 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
$63,445
Tax year 2023
Assessed value
$455,226
Assessed 2023
Previous assessed
$574,254
-20.7% YoY
Effective rate
13.94%
On assessed value
Assessed land
$60,792
Assessed improvement
$394,434
Land market value
$182,394
Improvement market value
$1,183,420
Total market value
$1,365,814
Applied tax rate
8,062.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
NONE
Total area
19,260 SF
Lot
0.35 ac (15,246 SF)
APN
07-31-108-043
UPID
US28-1754907
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
2007
Construction
BRICK
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Torres Family Investments LLC
Entity
Mailing address
183 S US HWY 45, GRAYSLAKE, IL 60030-2203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 8, 2023
$1,599,000
Torres Family Investments LLC
Highway 45 Auto Service LLC
Warranty Deed
$1,100,000 · Embolden Investment Fund LLC
Aug 14, 2018
$900,000
Highway 45 Auto Service LLC
Nick Auto Service LLC
Warranty Deed
—
Mar 3, 2014
—
Nick Auto Service LLC
Us Auto Service Center INC
Warranty Deed
—
Jan 6, 2014
$2,000,000
Us Auto Service Center INC
Mohammed Gilani
Warranty Deed
$2,175,000 · Ridgestone Bank
Aug 30, 2013
$2,000,000
Mohammed Gilani
Lakhani,navroz
Warranty Deed
—
Apr 24, 2008
$524,000
Navroz Lakhani
Lakhani,tajuddin & Zohra
Grant Deed
—
May 16, 2005
$595,000
Navroz Lakhani
Bank Of Waukegan
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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