Property profile

28401 Ballard Dr Lake Forest, IL 60045

OFF-MARKET
Other industrial properties
Property ID
US28-5817038
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a warehouse offering 5,750 square feet of interior space, with one dock door and an 18-foot clear height.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
APN 11-24-301-006
UPID US28-5817038

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
  • Take-out & Catering Butcher
  • Medical Clinic
  • Food Processing Plant Factory
  • General Contractor Renovation Specialist
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

28401 Ballard Dr Lake Forest, IL 60045-4552
Lake Forest metro Census 866200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.18M

Owner & transaction history

since 2018
6 recorded transactions
2018
$5.1M
2015
$6.2M
2012
$4.0M
2006
$6.0M
1998
$3.6M
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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