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Property profile & analytics
OFF-MARKET
Investment properties
24550 Il Rte 120 Round Lake, IL 60073-9660
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-1851262
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1904
Construction
FRAME
Total area
2,428 SF
Lot
86.26 ac (3,757,311 SF)
APN
06-31-100-007
UPID
US28-1851262
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Trust 8002363256 · 12 yrs held
Trust 8002363256
since 2014
7 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 Round Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Round Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,447
Tax year 2023
Assessed value
$145,222
Assessed 2023
Previous assessed
$145,222
+0.0% YoY
Effective rate
14.08%
On assessed value
Assessed land
$122,669
Assessed improvement
$22,553
Land market value
$368,044
Improvement market value
$67,665
Total market value
$435,709
Applied tax rate
7,059.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1904
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
2
Bathrooms
2
Total area
2,428 SF
Lot
86.26 ac (3,757,311 SF)
APN
06-31-100-007
UPID
US28-1851262
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
1904
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Bathrooms
2
Lot
86.26 ac
Current owner
From public records · entity-resolved
Trust 8002363256
Trust
Mailing address
104 S WYNSTONE PARK DR, NORTH BARRINGTON, IL 60010-6967
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2014
—
Trust 8002363256
Light,daniel B
Quit Claim Deed
related
—
Dec 20, 2010
—
Daniel B Light
Light Family LLC
Quit Claim Deed
related
—
Feb 2, 2010
—
Cnty Forest Preserve Dist Lake
Light,daniel B
Warranty Deed
related
—
Dec 30, 2009
—
Light Family LLC
Light,daniel B
Quit Claim Deed
related
—
Sep 15, 2008
$6,384,876
Daniel B Light
Mlh Round Lake LLC
Warranty Deed
—
May 15, 2006
$11,800,500
Mlh Round Lake LLC
Synnestvedt
Warranty Deed
—
Feb 27, 2006
—
Synnestvedt Co
—
Trustees Deed
related
$200,000 · American Chartered Bank
Apr 29, 2005
—
Synnestvedt Co
—
Trustees Deed
related
$400,000 · American Chartered Bank
—
—
Synnestvedt Co
—
Deed Of Trust
related
$200,000 · American Chartered Bank
—
—
Synnestvedt Co
—
Deed Of Trust
related
$500,000 · American Chartered Bank
—
—
Synnestvedt Co
—
Deed Of Trust
related
$100,000 · American Chartered Bank
—
—
Matthew Synnestvedt
—
Deed Of Trust
related
$113,952 · American Chartered Bank
—
—
Synnestvedt Co
—
Deed Of Trust
related
$100,000 · American Chartered Bank
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.
Try Rey
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