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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Grocery and convenience stores
39105 Us Hwy 41 Wadsworth, IL 60083-8915
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-5611802
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Construction
BRICK
Total area
8,300 SF
Lot
6.25 ac (272,250 SF)
APN
03-27-300-024
UPID
US28-5611802
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.52M
Owner & transaction history
Mackin Land Co LLC-wadsworth C · 10 yrs held
Mackin Land Co LLC-wadsworth C
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wadsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wadsworth 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%
$2,545,000
6.5%
$2,350,000
7%
$2,185,000
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±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
$303 / 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
$105,562
Tax year 2023
Assessed value
$944,159
Assessed 2023
Previous assessed
$882,752
+7.0% YoY
Effective rate
11.18%
On assessed value
Assessed land
$151,985
Assessed improvement
$792,174
Land market value
$456,001
Improvement market value
$2,376,760
Total market value
$2,832,761
Applied tax rate
3,005.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2003
Construction
BRICK
Heating
NONE
Buildings
2
Total area
8,300 SF
Lot
6.25 ac (272,250 SF)
APN
03-27-300-024
UPID
US28-5611802
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
Building & site characteristics
From public records
Year built
2003
Construction
BRICK
Heating
NONE
Buildings
2
Lot
6.25 ac
Current owner
From public records · entity-resolved
Mackin Land Co LLC-wadsworth C
Entity
Mailing address
39109 N US HWY 41, WADSWORTH, IL 60083-8915
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2016
$2,800,000
Mackin Land Co LLC-wadsworth C
Monty Titling Trust 1
Grant Deed
—
May 16, 2014
—
Monty,titling Trust 1
Sheriff Of Lake County
Trustees Deed
related
—
Jan 30, 2007
$4,600,000
Wc Acquisition LLC
Wadsworth Crossing LLC
Special Warranty Deed
$6,370,070 · Harris NA
Aug 21, 2002
—
Wadsworth Crossing LLC
—
Grant Deed
related
$4,750,000 · Bank Of Waukegan
Jan 11, 2002
$900,000
Wadsworth Crossing LLC
Khayat,christina M & Twyla M
Grant Deed
$675,000 · Republic Bank Chicago
—
—
Wadsworth Crossing LLC
—
Deed Of Trust
related
$550,000 · Bank Of Waukegan
—
—
Wadsworth Crossing LLC
—
Deed Of Trust
related
$50,000 · Bank Of Waukegan
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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