Property profile

27979 Converse Rd Island Lake, IL 60042

OFF-MARKET
Office buildings
Property ID
US28-0338983
4,602 SF 0.62 ac lot Built 1959
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction FRAME
Total area 4,602 SF
Lot 0.62 ac (27,007 SF)
APN 09-28-100-066
UPID US28-0338983

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
  • Physician
  • Medical Clinic
  • Physician
  • Home Health Care Service
  • Physician

Location

27979 Converse Rd Island Lake, IL 60042-8103
Island Lake metro Census 864204 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2007
3 recorded transactions
2007
Price N/A
2001
$330,000
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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