Property profile

3220 Il Rte 60 Mundelein, IL 60060

OFF-MARKET
Retail space
Property ID
US28-2017245
8,000 SF 0.88 ac lot Built 2006
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction BRICK
Total area 8,000 SF
Lot 0.88 ac (38,490 SF)
APN 10-15-403-009
UPID US28-2017245

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3220 Il Rte 60 Mundelein, IL 60060-4271
Mundelein metro Census 864110 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.26M
Comparable Approach Comparable
$860k
Blend (final) Blend
$465k

Owner & transaction history

since 2015
2 recorded transactions
2018
Price N/A
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.4M +37.4%
Restaurant $1.4M +34.1%
Apartment house (5+ units) $1.1M +10.9%

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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