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Property profile & analytics
OFF-MARKET
Estimated value
$5,050,000
Industrial land
200 Grn Bay Rd, Zion, IL 60099
Entity Owned
3-yr Hold
Free & Clear
Property ID
US28-0697582
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1922
Total area
1,948 SF
Lot
7.61 ac (331,448 SF)
APN
03-01-400-022
UPID
US28-0697582
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
$4.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.05M
Owner & transaction history
Iov Trumpet Park LLC · 3 yrs held
Iov Trumpet Park LLC
since 2022
Last sale
$5.0M
5 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 Zion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zion 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
$5,315,000
ML approach
$4,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.05M
Range $4.55M – $5.56M · ±10% · vs last sale $5.00M (Sep 30 2022)
Last sale anchor
$5.00M
Sep 30 2022
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
$2,592 / 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
$213
Tax year 2023
Assessed value
$201,286
Assessed 2023
Previous assessed
$1,599
+12,488.2% YoY
Effective rate
0.11%
On assessed value
Assessed land
$201,286
Land market value
$603,918
Total market value
$603,918
Applied tax rate
2,030.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1922
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
1,948 SF
Lot
7.61 ac (331,448 SF)
APN
03-01-400-022
UPID
US28-0697582
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
1922
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
2
Lot
7.61 ac
Current owner
From public records · entity-resolved
Iov Trumpet Park LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10 N MARTINGALE RD STE #560, SCHAUMBURG, IL 60173-2294
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
—
Iov Trumpet Park LLC
—
Deed
related
$18,233,050 · Bankers Trust Company NA
Sep 30, 2022
$5,000,000
Iov Trumpet Park LLC
Zion Holdings LLC
Deed
—
Dec 3, 2007
$5,017,000
Zion Holdings LLC
Mary C Goodwin
Warranty Deed
—
Sep 13, 2005
—
Goodwin Charles R & M C Trust
Goodwin,charles R & Mary C
Quit Claim Deed
related
—
Oct 23, 2001
—
Department Of Transportation
Goodwin,mary C & Charles R
Grant Deed
related
—
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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