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Financial
Distress signals
Property profile

18880 Gages Lk Rd Grayslake, IL 60030

OFF-MARKET
Other warehouses
Property ID
US28-1970852
4,500 SF 1 ac lot Built 1987
Last sale Aug 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This flex-space property in Grayslake, Illinois includes office and restroom areas, along with exterior parking and outdoor storage. The building was constructed in 1987 and features a metal roof, steel siding, and wood and aluminum siding, with interior flooring that includes concrete and other varied flooring surfaces. The site covers 1 acre and is zoned COMMR. Natural gas service is available, and the building is equipped with gas heating. The overall layout supports a combination of work/warehouse-style space, office support areas, and outdoor storage capacity.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$85k
Assessed land$49k
Assessed improvement$37k
Effective rate9.76%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$310k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
Submarket average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$67 – $105

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.2
Building Supply29.9
Law Firm27.0

Location

18880 Gages Lk Rd Grayslake, IL 60030-1704
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
888 Belvidere Rd, Grayslake, IL 60030-2572 $230,000 Jul 2025 2,016 SF
125 Hawley, Grayslake, IL 60030-1514 $375,000 Aug 2022 5,820 SF
33285 Us Hwy 45, Grayslake, IL 60030-2209 $575,000 Jul 2022 4,318 SF
1014 Progress, Grayslake, IL 60030-1671 $320,000 Mar 2022 4,292 SF
22602 Il Rte 60, Grayslake, IL 60030 $1,450,000 Sep 2020 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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