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Property profile

399 Lk Marian Rd Carpentersville, IL 60110

OFF-MARKET
Commercial real estate
Property ID
US28-2040489
13,833 SF Built 1999
Last sale Dec 2023 · $2,835,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional net-lease investment opportunity presents a 13,776 square foot Walgreens conveniently located in Carpentersville, Illinois, at 399 Lake Marian Rd, 60110. Situated on a 1.74-acre lot, this property benefits from its strategic outparcel position within a busy Walmart-anchored shopping center, alongside notable tenants such as Starbucks, O'Reilly Auto Parts, and more. The property enjoys high visibility at a signalized corner lot with significant daily traffic (33,574 cars/day)…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$54k
Tax billed · 2022
Assessed value$624k
Assessed land$315k
Assessed improvement$308k
Effective rate8.71%

Value estimate

· Oct 2026
$2.96M
$2.66M – $3.25M
AI approach$2.74M
CAP approach$2.65M
Submarket $/SF estimate$2.52M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 1000 recorded sales of this use type
Observed band · Q1–Q3$78 – $254
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency43.7
Restaurant34.2
Law Firm33.6

Location

399 Lk Marian Rd Carpentersville, IL 60110-2096
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Tay Riv, Carpentersville, IL 60110-2800 $2,800,000 May 2025 9,000 SF
7030 Randall, Carpentersville, IL 60110 $3,502,000 May 2024 3,071 SF
2120 Il Rte 25, Carpentersville, IL 60110 $132,500 Sep 2023 10,332 SF
145-147 Kennedy, Carpentersville, IL 60110 $2,750,000 Apr 2023 6,334 SF
2301 Randall, Carpentersville, IL 60110-3448 $2,860,000 Nov 2022 28,766 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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