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    Property profile & analytics

    240 Barron Blvd Grayslake, IL 60030-1665

    • Investment properties
    • 1,112 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1662325
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 240 Barron Blvd

    Year built
    1958
    Construction
    FRAME
    Lot size
    0.34 lot acres
    Property size
    1,112 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    06-26-401-010
    APU
    626401010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0336
    Latitude
    42.3473
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,104
    $21,190
    $67,814
    $89,004
    -
    $63,576
    $203,462
    $267,038

    Comparable in this City

    • Value Estimation by Request
      5,255 SF

      40 Whitney St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,255 SF
      40 Whitney St, Grayslake, IL 60030-1548
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    • Value Estimation by Request
      1,672 SF

      200 Hainesville Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,672 SF
      200 Hainesville Rd, Hainesville, IL 60030-1069
      View Details
    • Value Estimation
      $215,000
      4,234 SF

      641 Barron Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,234 SF
      641 Barron Blvd, Grayslake, IL 60030-1327
      View Details
    • Value Estimation
      $1,740,000
      1,272 SF

      84 Belvidere Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,272 SF
      84 Belvidere Rd, Grayslake, IL 60030-2302
      View Details
    • Value Estimation
      $480,000
      4,060 SF

      340 Atkinson Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,060 SF
      340 Atkinson Rd, Grayslake, IL 60030-1687
      View Details
    • Value Estimation
      $300,000
      1,944 SF

      220 Barron Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,944 SF
      220 Barron Blvd, Grayslake, IL 60030-1665
      View Details

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    240 Barron Blvd
    Grayslake, IL 60030-1665
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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