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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Commercial land
284 Main St Antioch, IL 60002-3007
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-3388570
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.4 ac (17,424 SF)
APN
02-05-300-059
UPID
US28-3388570
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
-
borderline cycle inc. Auto Repair Shop Motorcycle Shop
-
J & E Automotive Auto Repair Shop
-
Allen's Affordable Auto Care Auto Repair Shop
-
Storage Rentals of America Storage Facility
-
Discount Tobacco & Liquor / Kratom & Vape Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.76M
Owner & transaction history
Flatirons Self Storage V Dst Manage · 3 yrs held
Flatirons Self Storage V Dst Manage
since 2022
Last sale
$2.7M
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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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
Method
Estimation
Statistic approach
$2,855,000
ML approach
$2,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.69M (Nov 9 2022)
Last sale anchor
$2.69M
Nov 9 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$3,453
Tax year 2023
Assessed value
$8,171
Assessed 2023
Previous assessed
$30,743
-73.4% YoY
Effective rate
42.26%
On assessed value
Assessed land
$8,171
Land market value
$24,515
Total market value
$24,515
Applied tax rate
4,034.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.4 ac (17,424 SF)
APN
02-05-300-059
UPID
US28-3388570
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
Heating
NONE
Lot
0.4 ac
Current owner
From public records · entity-resolved
Flatirons Self Storage V Dst Manage
Individual
Mailing address
PO BOX 6338, DENVER, CO 80206-0338
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
$2,686,500
Flatirons Self Storage V Dst Manage
Red Dot Storage 39 284 Antioch LLC
Warranty Deed
$43,216,000 · Texas Capital Bank NA
Mar 30, 2016
$2,100,000
Red Dot Storage 39 284 Antioch LLC
Antioch Storage LLC
Warranty Deed
$60,000,000 · Texas Capital Bank NA
Jan 24, 2013
—
Timothy E Paramski
Paramski,walter P JR
Quit Claim Deed
$235,000 · State Bank Of The Lakes
Jan 3, 2006
—
Paramski Walter P 1992 Trust
Paramski,walter
Quit Claim Deed
related
—
Dec 14, 2004
$1,700,000
Paramski Lorraine 1992 Trust
Fermo,steven P
Warranty Deed
—
Jan 15, 2002
$535,000
Steve P Fermo
Wertz Trust
Grant Deed
—
Jul 7, 1999
—
Elaine Wertz
Ozga,william T
Grant Deed
related
—
—
—
Antioch Storage LLC
—
Loan Modification
related
—
—
—
Red Dot Storage 39 284 Antioc
—
Loan Modification
related
—
—
—
Red Dot Storage 39 284 Antioc
—
Loan Modification
related
$100,000,000 · Hancock Whitney Bk
—
—
Steven P Fermo
—
Deed Of Trust
related
$1,260,000 · Community Bank Ravenswood
—
—
Antioch Storage LLC
—
Deed Of Trust
related
$50,000 · State Bk/lakes
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.
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