Property profile

216 Il Rte 22 Lake Zurich, IL 60047

OFF-MARKET
Commercial real estate
Property ID
US28-2522012
1,370 SF 0.2 ac lot Built 1959
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Total area 1,370 SF
Lot 0.2 ac (8,869 SF)
APN 14-17-404-050
UPID US28-2522012

Cap rate & NOI

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

Location

216 Il Rte 22 Lake Zurich, IL 60047-2570
Lake Zurich metro Census 864408 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
Last sale
$235,000
6 recorded transactions
2023
$235,000
2004
$1,500
2003
$230,000
1969
Price N/A
1969
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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