Financial
Distress signals
Property profile

222 E Wisconsin Ave Lake Forest, IL 60045

FOR LEASE
Commercial land
Property ID
US28-1412945
0.14 ac lot
Last sale Nov 2023 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of medical and professional office suites with flexible floor area configurations ranging from approximately 225 to 5,647 square feet, including the availability of a full second-floor floorplate with roughly 1,500 to 5,647 square feet. The building provides on-site parking and features a fully accessible elevator, which has been newly installed. Interior improvements include updated light fixtures, ceiling tiles, washrooms, and upgrades to mechanical, electrical, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$69k
Assessed land$69k
Effective rate5.70%

Value estimate

· Sep 2026
$2.49M
$2.24M – $2.74M
AI approach$2.67M
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 29,000.00% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$181/SF
County average, outlier-cleaned · 196 recorded sales of this use type
Observed band · Q1–Q3$96 – $317

Cap rate analysis

How does the asset earn?
29,000.00%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.3
Auto Repair Shop9.0
Computer & Electronic Repair8.8

Location

222 E Wisconsin Ave Lake Forest, IL 60045
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Nn Fld, Lake Forest, IL 60045 $18,729,000 Nov 2022 No data
173 Illinois, Lake Forest, IL 60045-1915 $517,000 Oct 2021 No data
13665 Boulton, Mettawa, IL 60045-4513 $2,000,000 Aug 2021 No data
13756 Boulton, Mettawa, IL 60045 $2,000,000 Aug 2021 No data
13798 Boulton, Mettawa, IL 60045 $2,000,000 Aug 2021 No data
13623 Boulton, Mettawa, IL 60045-4513 $2,000,000 Aug 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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