Property profile

38905 Us Hwy 41 Wadsworth, IL 60083

OFF-MARKET
Bars & Pubs
Property ID
US28-5242653
6,169 SF 1 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1965
Construction BRICK
Total area 6,169 SF
Lot 1 ac (43,560 SF)
APN 03-34-100-007
UPID US28-5242653

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

38905 Us Hwy 41 Wadsworth, IL 60083-9652
Wadsworth metro Census 866000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
$658k
Blend (final) Blend
$855k

Owner & transaction history

since 2021
Last sale
$750,000
7 recorded transactions
2021
Price N/A
2021
$750,000
2019
$500,000
2009
Price N/A
2008
Price N/A
2008
$430,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +3.8%
Auto repair, garage $1.1M +2.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38905 Us Hwy 41?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message