Property profile

1950 Lk St Mundelein, IL 60060

OFF-MARKET
Commercial real estate
Property ID
US28-0347243
1.57 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.57 ac (68,389 SF)
APN 15-06-102-004
UPID US28-0347243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1950 Lk St Mundelein, IL 60060-4231
Mundelein metro Census 864510 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.19M

Owner & transaction history

since 2025
Last sale
$5.0M
7 recorded transactions
2025
$5.0M
2018
Price N/A
2015
$2.8M
2009
Price N/A
2002
$2.2M
1998
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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