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Property profile & analytics
OFF-MARKET
Automotive properties
2490 Skokie Vly Rd, Highland Park, IL 60035-1737
Entity Owned
18-yr Hold
Free & Clear
Property ID
US28-1454024
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2004
Construction
BRICK
Total area
5,812 SF
Lot
2.47 ac (107,419 SF)
APN
16-16-408-015
UPID
US28-1454024
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
-
Audi on demand Car Rental Car Rental Facility
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Conquest Stable Kennel & Boarding Facility Animal Training
-
Audi Exchange Service Auto Repair Shop
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Audi Exchange Parts Auto Parts Store
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Audi Exchange Car Dealership
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
Skokie Valley Highway LLC · 18 yrs held
Skokie Valley Highway LLC
since 2007
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 Highland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland Park 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
Assessed value
$2,365,599
Assessed 2023
Previous assessed
$1,914,791
+23.5% YoY
Assessed land
$514,329
Assessed improvement
$1,851,270
Land market value
$1,543,141
Improvement market value
$5,554,365
Total market value
$7,097,506
Applied tax rate
17,015.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
NONE
Buildings
2
Total area
5,812 SF
Lot
2.47 ac (107,419 SF)
APN
16-16-408-015
UPID
US28-1454024
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
2004
Construction
BRICK
Heating
NONE
Buildings
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Skokie Valley Highway LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1301 LOCH LN, LAKE FOREST, IL 60045-3347
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2020
—
2490 Skokie Valley Highway L
—
Deed
related
$30,864,103 · Vw Credit
May 24, 2018
—
2490 Skokie Valley Highway LLC
—
Deed
related
$12,981,806 · Vw Credit
Dec 31, 2007
—
Skokie Valley Highway LLC
Trust 130015
Grant Deed
—
—
—
2490 Skokie Valley Highway LLC
—
Deed Of Trust
related
$2,900,000 · Vw Credit
—
—
2490 Skokie Valley Highway L
—
Deed Of Trust
related
$30,864,103 · Vw Credit
—
—
2490 Skokie Valley Highway LLC
—
Deed Of Trust
related
$12,981,806 · Vw Credit
—
—
Vw Credit INC
—
Loan Modification
related
$6,306,111 · Private Individual
—
—
Vw Credit INC
—
Loan Modification
related
$6,306,111 · Private Individual
—
—
Vw Credit INC
—
Loan Modification
related
$2,880,703 · 2490 Skokie Valley Highway LLC
—
—
Vw Credit INC
—
Loan Modification
related
$2,900,000 · 2490 Skokie Valley Highway LLC
—
—
2490 Skokie Valley Highway LLC
—
Deed Of Trust
related
$7,739,140 · Vw Credit
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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