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    Property profile & analytics

    33950 Us Hwy 45 Gages Lake, IL 60030-1714

    • Hotels
    • 6,270 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1487004
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hotels

    Property Details for 33950 Us Hwy 45

    Year built
    1965
    Construction
    FRAME
    Lot size
    0.81 lot acres
    Property size
    6,270 SF
    Property type
    Hotels
    APN
    07-30-101-012
    APU
    730101012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gages Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0032
    Latitude
    42.3562
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,736
    $58,960
    $81,411
    $140,371
    -
    $176,898
    $244,257
    $421,155

    Comparable in this City

    • Value Estimation
      $2,235,000
      66,554 SF

      1775 Belvidere Rd

      HOTEL • 66,554 SF
      1775 Belvidere Rd, Grayslake, IL 60030-2214
      View Details
    • Value Estimation by Request
      2,734 SF

      4 Deer Point Rd

      Residential income properties • 2,734 SF
      4 Deer Point Rd, Grayslake, IL 60030
      View Details
    • Value Estimation by Request
      0.92 Acres

      34344 Us Hwy 45

      VACANT COMMERCIAL LAND • 0.92 Acres
      34344 Us Hwy 45, Third Lake, IL 60030-4031
      View Details
    • Value Estimation by Request
      0.35 Acres

      Us Hwy 45

      VACANT COMMERCIAL LAND • 0.35 Acres
      Us Hwy 45, Grayslake, IL 60030
      View Details
    • Value Estimation by Request
      5.48 Acres

      Us Hwy 45

      VACANT COMMERCIAL LAND • 5.48 Acres
      Us Hwy 45, Grayslake, IL 60030
      View Details
    • Value Estimation by Request
      9.39 Acres

      31645 Wilson Rd

      INDUSTRIAL - VACANT LAND • 9.39 Acres
      31645 Wilson Rd, Grayslake, IL 60030-9312
      View Details

    Similar Nearby for Sale

    • $79,000
      0.40 Acres

      Grayslake Land Near Highland Lake

      0.4 acre lot with lake access in Highland Lake.
      34110 S Cir Dr, Grayslake, IL 60030
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      Grayslake Pad Ready Land

      30,500 square feet of general business zoned land.
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    • New
      $549,900
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      Grayslake Commercial Property For Sale

      Commercial property featuring office, retail suites, and an apartment.
      33125 N Us 45 Hwy, Grayslake, IL 60030
      View Details
    • Contact for pricing
      36.70 Acres

      Grayslake Commercial Land Development

      36.7 Acres, Prime PUD Zoning, High Traffic
      137 Rte 120 & Rte, Libertyville, IL 60030
      View Details
    • $1,995,000
      34,218 SF

      Grayslake Industrial Space - Huge Potential

      Massive Office/Warehouse, 34,218 SF, 1.27 Acres
      350 Center St, Grayslake, IL 60030
      View Details
    • New
      $950,000
      8,380 SF

      Renovated Storefront Building in Grayslake

      Fully rented, renovated commercial building on a busy state highway.
      55 Barron Blvd, Grayslake, IL 60030
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr

      Renovated Office Suite on Route

      Newly renovated office suite with flexible workspace in Grayslake, IL.
      70 S Us Highway 45, Grayslake, IL 60030
      View Details
    • $1.00 SF/Yr

      Grayslake Office Suites For Rent

      Office suites in Grayslake with common areas and utilities included.
      790 Barron Blvd, Grayslake, IL 60030
      View Details
    • $12 SF/Yr

      Grayslake Commercial Space for Lease

      Office suites and storefronts available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Available For Lease

      Retail space available for lease in Grayslake, Illinois.
      34111 N Barron Blvd, Grayslake, IL 60030
      View Details
    • $12 SF/Yr

      Grayslake Retail/Office Space Available

      Retail or office space in high-traffic Grayslake location.
      33113 Us 45 Hwy, Grayslake, IL 60030
      View Details
    • $16 SF/Yr
      30,040 SF

      Waterstone Place Retail Space

      Lake County retail center; two spaces available.
      34500 Us-45, Third Lake, IL 60030
      View Details
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    33950 Us Hwy 45
    Gages Lake, IL 60030-1714
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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