New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,170,000
Commercial real estate
20592 Milwaukee Ave, Deerfield, IL 60015-3693
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-0919266
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Total area
46,867 SF
Lot
4.36 ac (189,791 SF)
APN
15-35-100-270
UPID
US28-0919266
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
$7.47M
Comparable Approach
Comparable
$7.81M
Blend (final)
Blend
$7.17M
Owner & transaction history
Dm Property Investments LLC · 4 yrs held
Dm Property Investments LLC
since 2021
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 Deerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield 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%
$8,085,000
6.5%
$7,465,000
7%
$6,930,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,505,000
Current use
AUTO REPAIR, GARAGE
$8,190,000
Change: -4% · Conversion: Difficult
RESTAURANT
$7,995,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$7.17M
Range $6.45M – $7.89M · ±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
$153 / 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
$170,231
Tax year 2023
Assessed value
$1,854,179
Assessed 2023
Previous assessed
$1,846,976
+0.4% YoY
Effective rate
9.18%
On assessed value
Assessed land
$586,405
Assessed improvement
$1,267,774
Land market value
$1,759,391
Improvement market value
$3,803,702
Total market value
$5,563,093
Applied tax rate
16,011.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
46,867 SF
Lot
4.36 ac (189,791 SF)
APN
15-35-100-270
UPID
US28-0919266
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
COMMERCIAL (GENERAL) Current
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$8.2M
RESTAURANT
Est. value
$8.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
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
1983
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
4.36 ac
Current owner
From public records · entity-resolved
Dm Property Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1628, ARLINGTON HEIGHTS, IL 60006-1628
Ownership since
2021
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
Apr 20, 2022
—
Dm Property Investments LLC
—
Deed
related
$9,800,000 · Itasca Bank & Trust Co
Dec 28, 2021
—
Dm Property Investments LLC
River Run Plaza LLC
Quit Claim Deed
related
—
Jun 7, 2017
—
River Run Plaza LLC
—
Grant Deed
related
$11,400,000 · Inland Bk&tr
Apr 6, 2007
—
River Run Plaza LLC
Trust 2212
Grant Deed
$8,350,000 · Column Financial INC
Jun 18, 2002
$7,800,000
Northside Community Bank Ttee
Lasalle Bank NA Trustee
Grant Deed
related
$6,030,000 · Northside Community Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20592 Milwaukee Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
