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Property profile & analytics
FOR SALE
Warehouses
2180 Swanson Ct, Gurnee, IL 60031
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US28-2458218
For Sale
1 / 2
$3,950,000
2180 Swanson Ct, Gurnee, IL 60031
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Property summary
AI-generated overview
This 17,285-square-foot industrial facility, built in 2006, is situated on a 3.34-acre lot in Gurnee, Illinois, at 2180 Swanson Court, zip code 60031. The single-tenant property features a 24-foot ceiling height and three dock-high doors, ideal for manufacturing or warehousing operations. The I-3 zoning permits heavy industrial uses. Key features include a paved outdoor storage yard with expansion potential, three catch basins, and robust power infrastructure. Conveniently located with easy access to I-94 and IL Route 41, this property also benefits from low Lake County taxes. The building consists of one structure. The property offers significant advantages for businesses requiring substantial space, outdoor storage, and heavy-duty capabilities. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a desirable area.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
BRICK
Total area
17,204 SF
Lot
3.34 ac (145,490 SF)
APN
07-12-301-031
UPID
US28-2458218
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
-
SM Masonry Walls Construction Inc Construction Company
-
Architectural Limestone Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.11M
Owner & transaction history
D M Mikrut LLC · 20 yrs held
D M Mikrut LLC
since 2006
4 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 Gurnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gurnee 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%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$65 / 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
$52,628
Tax year 2023
Assessed value
$538,344
Assessed 2023
Previous assessed
$522,664
+3.0% YoY
Effective rate
9.78%
On assessed value
Assessed land
$123,463
Assessed improvement
$414,881
Land market value
$370,426
Improvement market value
$1,244,767
Total market value
$1,615,193
Applied tax rate
8,173.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2006
Construction
BRICK
Heating
NONE
Total area
17,204 SF
Lot
3.34 ac (145,490 SF)
APN
07-12-301-031
UPID
US28-2458218
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
2006
Construction
BRICK
Heating
NONE
Lot
3.34 ac
Current owner
From public records · entity-resolved
D M Mikrut LLC
Entity
Mailing address
2180 SWANSON CT, GURNEE, IL 60031-1276
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
D M Mikrut LLC
—
Deed
related
$300,000 · Ridgestone Bank
Jun 7, 2006
—
Dm Mikrut LLC
—
Trustees Deed
related
$1,560,000 · Northbrook Bank & Trust Co
Jan 18, 2006
—
D M Mikrut LLC
Lincoln Park Zoological Society
Warranty Deed
$318,400 · Harris Bank Barrington NA
Feb 12, 2002
—
Lincoln Aprk Zoological Societ
Lasalle Bank NA Trustee
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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