New search
Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Gas stations
2060 Belvidere Rd, Grayslake, IL 60030-2293
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US28-1668790
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1993
Construction
BRICK
Total area
9,694 SF
Lot
0.31 ac (13,660 SF)
APN
07-31-108-023
UPID
US28-1668790
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
$854k
Blend (final)
Blend
$840k
Owner & transaction history
2060 Belvidere Road LLC · 13 yrs held
2060 Belvidere Road LLC
since 2013
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 Grayslake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grayslake 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
$840k
Range $756k – $924k · ±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
$87 / 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
$22,697
Tax year 2023
Assessed value
$202,450
Assessed 2023
Previous assessed
$205,433
-1.5% YoY
Effective rate
11.21%
On assessed value
Assessed land
$39,662
Assessed improvement
$162,788
Land market value
$118,998
Improvement market value
$488,413
Total market value
$607,411
Applied tax rate
8,062.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1993
Construction
BRICK
Heating
NONE
Total area
9,694 SF
Lot
0.31 ac (13,660 SF)
APN
07-31-108-023
UPID
US28-1668790
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
1993
Construction
BRICK
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
2060 Belvidere Road LLC
Entity
Mailing address
2060 E BELVIDERE RD, GRAYSLAKE, IL 60030-2293
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2013
$620,000
2060 Belvidere Road LLC
Trust 010996
Grant Deed
related
—
Mar 31, 2009
—
Soon A Kim
Kim,james
Quit Claim Deed
related
—
—
—
Soon A Kim
—
Deed Of Trust
related
$907,500 · Bank Financial Fsb
—
—
James H Kim
—
Deed Of Trust
related
$788,473 · Bank Financial Fsb
—
—
James H Kim
—
Deed Of Trust
related
$367,358 · Bank Financial Fsb
—
—
First Midwest Trust Co Trustee
—
Deed Of Trust
related
$89,000 · First Midwest Bank
—
—
James H Kim
—
Deed Of Trust
related
$246,505 · Bank Financial Fsb
—
—
Soon A Kim
—
Deed Of Trust
related
$907,500 · Bank Financial Fsb
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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