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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Office buildings
202 Genesee St, Waukegan, IL 60085-4262
Individually Owned
2-yr Hold
Free & Clear
Property ID
US28-0783435
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
BRICK
Total area
42,002 SF
Lot
0.18 ac (7,998 SF)
APN
08-21-404-014
UPID
US28-0783435
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
-
JIC Community Development Charitable Organization Social Service Agency
-
Car-Boat-Property Donation Process Office Corporate Office
-
The Raw Juice Bar Restaurant
-
Jic Ministries Church Mosque
-
Snowflake Heating and Air Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.26M
Owner & transaction history
The Josselyn Center Nfp · 2 yrs held
The Josselyn Center Nfp
since 2023
6 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 Waukegan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukegan 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
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$30 / 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
$11,700
Tax year 2023
Assessed value
$141,195
Assessed 2023
Previous assessed
$119,678
+18.0% YoY
Effective rate
8.29%
On assessed value
Assessed land
$20,030
Assessed improvement
$121,165
Land market value
$60,096
Improvement market value
$363,531
Total market value
$423,627
Applied tax rate
9,062.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
BRICK
Heating
NONE
Total area
42,002 SF
Lot
0.18 ac (7,998 SF)
APN
08-21-404-014
UPID
US28-0783435
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
2008
Construction
BRICK
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
The Josselyn Center Nfp
Individual
Free & Clear · 2 yrs held
Mailing address
405 CENTRAL AVE, NORTHFIELD, IL 60093-3006
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
—
The Josselyn Center Nfp
Facet Holdings LLC
Special Warranty Deed
—
Oct 5, 2017
—
Facet Holdings LLC
—
Grant Deed
related
$1,015,000 · Norstates Bk
Mar 27, 2017
$725,000
Facet Holdings LLC
Bamo II-b Reo-il Retail Waukeg
Grant Deed
—
Dec 8, 2015
—
Bamo II-b Reo-il Retail Waukeg
Circuit Court Of Lake County
Trustees Deed
related
—
Apr 10, 2007
—
Revolution Academy Square LLC
City Of Waukegan
Grant Deed
$6,200,000 · Harris NA
Apr 30, 2003
—
Waukegan City (il)
Bank Of Waukegan Trustee
Quit Claim 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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