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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Warehouses
19115 Casey Rd Libertyville, IL 60048-1078
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1364202
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
STEEL FRAME
Total area
23,500 SF
Lot
4.51 ac (196,456 SF)
APN
10-01-400-039
UPID
US28-1364202
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
$1.50M
Blend (final)
Blend
$1.47M
Owner & transaction history
Dale Vanderwerff · 3 yrs held
Dale Vanderwerff
since 2022
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 Libertyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Libertyville 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,990,000
Current use
INDUSTRIAL (GENERAL)
$1,815,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$63 / 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
$33,369
Tax year 2023
Assessed value
$313,302
Assessed 2023
Previous assessed
$350,467
-10.6% YoY
Effective rate
10.65%
On assessed value
Assessed land
$196,809
Assessed improvement
$116,493
Land market value
$590,486
Improvement market value
$349,514
Total market value
$940,000
Applied tax rate
12,049.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Total area
23,500 SF
Lot
4.51 ac (196,456 SF)
APN
10-01-400-039
UPID
US28-1364202
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Lot
4.51 ac
Current owner
From public records · entity-resolved
Dale Vanderwerff
Individual
Mailing address
9024 N JESSY LN, TUCSON, AZ 85742-8641
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Dec 19, 2022
—
Dale Vanderwerff
Dale Vanderwerff
Intrafamily Transfer
related
—
Mar 14, 2018
—
Dale Vanderwerff
Vanderwerff,terri
Affidavit Of Death
related
—
Aug 17, 2009
—
Dale E Vanderwerff
—
Trustees Deed
related
$303,017 · Norstates Bank
Feb 8, 2007
—
Dale E Vanderwerff
—
Trustees Deed
related
$100,000 · Norstates Bank
Nov 21, 2005
—
Dale Vanderwerff
—
Trustees Deed
related
$325,000 · Bank Of Waukegan
Dec 8, 2003
—
Dale Vanderwerff
—
Trustees Deed
related
$390,000 · Bank Of Waukegan
—
—
Vanderweff,dale E & Terri E
—
Deed Of Trust
related
$856,000 · Norstates Bk
—
—
Dale E Vanderwerff
—
Deed Of Trust
related
$288,280 · Norstates Bank
—
—
Dale E Vanderwerff
—
Deed Of Trust
related
$538,857 · Norstates Bank
—
—
Dale E Vanderweff
—
Deed Of Trust
related
$225,000 · Norstates Bank
—
—
Dale E Vanderwerff
—
Deed Of Trust
related
$440,000 · Bank Of Waukegan
—
—
Dale E Vanderwerff
—
Deed Of Trust
related
$750,000 · Bank Of Waukegan
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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