Property profile

2705 Martin Luther King Jr Dr North Chicago, IL 60064

OFF-MARKET
Turn key restaurants
Property ID
US28-5772084
2,793 SF 0.31 ac lot Built 1969
Individually Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction BRICK
Total area 2,793 SF
Lot 0.31 ac (13,647 SF)
APN 12-05-301-006
UPID US28-5772084

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Physician

Location

2705 Martin Luther King Jr Dr North Chicago, IL 60064-2333
North Chicago metro Census 863201 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2006
4 recorded transactions
2006
$290,000
2003
Price N/A
2000
$180,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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