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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Warehouses
191 Ambrogio Dr, Gurnee, IL 60031-3374
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5790232
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
BRICK
Total area
15,004 SF
Lot
0.86 ac (37,501 SF)
APN
07-24-307-002
UPID
US28-5790232
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
-
Pulse Oximeters Plus Medical Supply Store
-
Quest Products, Inc. Distribution Center Logistics Company
-
SERVPRO of Gurnee Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$930k
Owner & transaction history
191 Ambrogio Drive LLC · 1 yrs held
191 Ambrogio Drive LLC
since 2025
Last sale
$1.2M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,305,000
6.5%
$1,205,000
7%
$1,120,000
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.15M (Jan 3 2025)
Last sale anchor
$1.15M
Jan 3 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
$62 / 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
$24,337
Tax year 2023
Assessed value
$249,437
Assessed 2023
Previous assessed
$242,172
+3.0% YoY
Effective rate
9.76%
On assessed value
Assessed land
$53,250
Assessed improvement
$196,187
Land market value
$159,766
Improvement market value
$588,620
Total market value
$748,386
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
NONE
Total area
15,004 SF
Lot
0.86 ac (37,501 SF)
APN
07-24-307-002
UPID
US28-5790232
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
1989
Construction
BRICK
Heating
NONE
Lot
0.86 ac
Current owner
From public records · entity-resolved
191 Ambrogio Drive LLC
Entity
Mailing address
191 AMBROGIO DR, GURNEE, IL 60031-3374
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
$1,150,000
191 Ambrogio Drive LLC
Splg 191 LLC
Special Warranty Deed
$920,000 · Splg 191 LLC
Oct 27, 2021
—
Splg 191 LLC
—
Deed
related
$1,046,500 · Libertyville Bank & Trust Co
Apr 5, 2021
—
Splg 191 LLC
—
Deed
related
$1,046,500 · Libertyville Bank & Trust Co
Sep 3, 2015
$900,000
Splg 191 LLC
Quest 191 LLC
Warranty Deed
$358,000 · Libertyville Bk
Sep 24, 2010
$820,000
Quest 191 LLC
Trust Lft-1907
Grant Deed
$713,000 · First Midwest Bank
Jun 14, 2004
$875,000
NA,wayne H Tr
P & G Development LP
Grant Deed
$700,000 · Lake Forest Bank & Trust Co
Jun 24, 1998
—
P LP
First Bk & Tr Illinois Trustee
Grant Deed
related
—
—
—
Quest 191 LLC
—
Deed Of Trust
related
$416,867 · First Midwest Bank
—
—
Quest 191 LLC
—
Deed Of Trust
related
$339,000 · Small Business Growth Corp
—
—
Splg 191 LLC
—
Deed Of Trust
related
$371,000 · Somercor 504
—
—
Quest 191 LLC
—
Deed Of Trust
related
$333,493 · First Midwest Bank
—
—
P LP
—
Deed Of Trust
related
$60,000 · American Nat'l Bk & Tr Chicago
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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