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Financial
Distress signals
Property profile

31632 N Ellis Dr 111 Volo, IL 60073

FOR SALE
Other warehouses
Property ID
US28-5787405
1,776 SF 0.32 ac lot Built 1999
Last sale Sep 2021 · $88,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,776-square-foot industrial condominium built in 1999, configured with a reception area, multiple private offices, two private restrooms, and a warehouse/work area. The space includes a 10-foot rear drive-in overhead door for loading and access to equipment, deliveries, and inventory. Building systems include a 200-amp electrical service, central HVAC, forced-air heat, and ceiling heights ranging from approximately 8 to 12 feet. Located at 31632 N Ellis Drive #111 in Volo, within a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$61k
Assessed land$10k
Assessed improvement$51k
Effective rate8.89%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$692
Operating expenses−$8k
NOI · 8.86% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$69 – $105

Cap rate analysis

How does the asset earn?
8.86%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.6
Realty agency10.6
Furniture Store8.9

Location

31632 N Ellis Dr, Unit 111 Volo, IL 60073
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Orch, Round Lake, IL 60073-3556 $230,000 Nov 2024 4,100 SF
26565 Commerce, Volo, IL 60073 $150,000 Sep 2023 1,848 SF
26639 Commerce, Volo, IL 60073-9639 $260,000 Aug 2023 3,620 SF
600 Long Lk, Round Lake, IL 60073-2812 $225,000 May 2022 1,968 SF
26575 Commerce, Volo, IL 60073-9659 $125,000 Feb 2022 1,848 SF
602 Cedar Lk, Round Lake, IL 60073-2857 $37,500 Sep 2021 1,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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