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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Automotive properties
3030 Washington St, Waukegan, IL 60085-4844
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-1515044
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1975
Construction
BRICK
Total area
11,940 SF
Lot
1.25 ac (54,450 SF)
APN
08-19-304-017
UPID
US28-1515044
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
-
Auto Services and Repair Auto Repair Shop
-
Washington Auto Group Car Dealership
-
Mendez Enterprises Auto Repair Shop
-
Service Master Plumbers Plumbing Service General Contractor
-
Westwood Motorcar Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$620k
Owner & transaction history
3030 Washington Equity LLC · 1 yrs held
3030 Washington Equity LLC
since 2025
Last sale
$550,000
5 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 Waukegan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukegan 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
$680,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $550k (Jan 14 2025)
Last sale anchor
$550k
Jan 14 2025
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
$52 / SF
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
$18,139
Tax year 2023
Assessed value
$200,065
Assessed 2023
Previous assessed
$185,543
+7.8% YoY
Effective rate
9.07%
On assessed value
Assessed land
$84,672
Assessed improvement
$115,393
Land market value
$254,041
Improvement market value
$346,214
Total market value
$600,255
Applied tax rate
9,012.0000
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
1975
Construction
BRICK
Heating
NONE
Total area
11,940 SF
Lot
1.25 ac (54,450 SF)
APN
08-19-304-017
UPID
US28-1515044
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
1975
Construction
BRICK
Heating
NONE
Lot
1.25 ac
Current owner
From public records · entity-resolved
3030 Washington Equity LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1912 SPRUCEWOOD LN, LINDENHURST, IL 60046-9299
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$550,000
3030 Washington Equity LLC
Negar Faily
Warranty Deed
—
Nov 21, 2022
—
Heritage Capital LLC
Route 41 Auto Sales Incorporated
Correction Deed
related
—
Jun 14, 2019
—
Route 41 Auto Sales Incorporated
Babar Faily
Warranty Deed
$340,000 · Silver Hill Financial LLC
Sep 21, 2011
$350,000
Babak Faily
Trust 664
Grant Deed
—
Oct 13, 2005
—
Trust 664
Winters,jack B
Quit Claim Deed
related
—
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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