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Property profile & analytics
OFF-MARKET
Estimated value
$5,760,000
Warehouses
3333 Oak Grv Ave, Waukegan, IL 60087-1828
Entity Owned
14-yr Hold
Free & Clear
Property ID
US28-0094082
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
BRICK
Total area
83,996 SF
Lot
4.8 ac (209,044 SF)
APN
07-01-102-014
UPID
US28-0094082
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
-
Kinter (K International Inc.) Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.76M
Comparable Approach
Comparable
$5.65M
Blend (final)
Blend
$5.76M
Owner & transaction history
3333 Oak Grove LLC · 14 yrs held
3333 Oak Grove LLC
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.5M
+26.6%
Apartment house (5+ units)
$9.4M
+25.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,320,000
6.5%
$6,755,000
7%
$6,270,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,470,000
Current use
RETAIL STORES
$9,455,000
Change: +27% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$9,400,000
Change: +26% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,495,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$5.76M
Range $5.18M – $6.34M · ±10%
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
$69 / 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
$192,145
Tax year 2023
Assessed value
$1,585,245
Assessed 2023
Previous assessed
$1,539,073
+3.0% YoY
Effective rate
12.12%
On assessed value
Assessed land
$361,598
Assessed improvement
$1,223,647
Land market value
$1,084,902
Improvement market value
$3,671,308
Total market value
$4,756,210
Applied tax rate
8,024.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
NONE
Total area
83,996 SF
Lot
4.8 ac (209,044 SF)
APN
07-01-102-014
UPID
US28-0094082
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.5M
RETAIL STORES
Est. value
$9.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
INDUSTRIAL (GENERAL)
Est. value
$6.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
BRICK
Heating
NONE
Lot
4.8 ac
Current owner
From public records · entity-resolved
3333 Oak Grove LLC
Entity
Free & Clear · 14 yrs held
Mailing address
29141 MARCELLO WAY, NAPLES, FL 34110-2778
Ownership since
2011
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
Sep 27, 2011
—
3333 Oak Grove LLC
White,john & Barbara
Warranty Deed
—
Aug 18, 2011
$3,336,000
John White
Oak Grove Acquisition Corp
Grant Deed
—
Jul 31, 2007
$12,665,000
Oak Grove Acquisition Corp
Oak Grove III & IV LLC
Grant Deed
—
Jul 31, 2006
—
Oak Grove III & IV LLC
—
Trustees Deed
related
$9,900,000 · J P Morgan Chase Bank
Jun 28, 2006
$2,182,000
Oak Grove III & IV LLC
Yorkhouse LLC
Grant Deed
—
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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