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    Property profile & analytics

    244 Waukegan Ave Highwood, IL 60040-1716

    • Auto shops
    • 1,787 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Aug 06, 2024
    Location Intelligence
    Property ID
    US28-1773414
    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

    • Grandi Brothers / Lawn Mower Store

    Property Details for 244 Waukegan Ave

    Year built
    1950
    Construction
    BRICK
    Lot size
    0.04 lot acres
    Property size
    1,787 SF
    Property type
    Auto shops
    APN
    16-15-414-009
    APU
    1615414009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highwood
    County
    Lake
    State
    Illinois
    Longitude
    -87.8084
    Latitude
    42.2012
    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
    $3,736
    $16,356
    $32
    $16,388
    -
    $49,073
    $96
    $49,169

    Comparable in this City

    • Value Estimation by Request
      2,863 SF

      401 Sheridan Rd

      AUTO REPAIR, GARAGE • 2,863 SF
      401 Sheridan Rd, Highwood, IL 60040-1308
      View Details
    • Value Estimation
      $365,000
      4,763 SF

      433 Sheridan Rd

      AUTO REPAIR, GARAGE • 4,763 SF
      433 Sheridan Rd, Highwood, IL 60040-1308
      View Details
    • Value Estimation
      $2,055,000
      900 SF

      1000 Sheridan Rd

      SERVICE STATION WITH FOOD MART • 900 SF
      1000 Sheridan Rd, Highwood, IL 60040-1005
      View Details
    • Value Estimation by Request
      4,680 SF

      419 Sheridan Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,680 SF
      419 Sheridan Rd, Highwood, IL 60040-1326
      View Details
    • Value Estimation by Request
      2,530 SF

      526 Sheridan Rd

      RESTAURANT • 2,530 SF
      526 Sheridan Rd, Highwood, IL 60040-1311
      View Details
    • Value Estimation
      $465,000
      4,560 SF

      790 Sheridan Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,560 SF
      790 Sheridan Rd, Highwood, IL 60040-1002
      View Details

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      Retail Building in Highwood

      6,400 SF retail building with long-term tenants.
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    • $1,450,000
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      Highwood Retail Center - Prime Location

      Six storefronts, ample parking, strong tenant base.
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    244 Waukegan Ave
    Highwood, IL 60040-1716
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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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