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    40 Porter Dr Round Lake Park, IL 60073-3601
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    Property profile & analytics

    40 Porter Dr, Round Lake Park, IL 60073-3601

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    • Industrial properties
    • 47,336 SF
    • 10.08 lot acres
    Off-Market
    Property ID
    US28-2463460
    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.

    Value Estimations
    $3,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 40 Porter Dr

    Year built
    2005
    Construction
    BRICK
    Lot size
    10.08 lot acres
    Property type
    Industrial properties
    APN
    06-28-307-041
    APU
    628307041

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 21, 2016 — Groot Industries INC — Deed · related $88.5M · Wells Fargo Bk
    Dec 2, 2009 $1,100,000 Groot Industries INC Ferdinand,mark R Grant Deed —
    Dec 2, 2009 $3,600,000 Groot Industries INC Stock Building Supply Midwest LLC Quit Claim Deed · related $3.5M · Wells Fargo Bank NA
    — — Groot Industries INC — Loan Modification · related $88.5M · Wells Fargo Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,395,000
      6.5%
      $3,135,000
      7%
      $2,910,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,985,000
      Market price range: $2.87M - $4.89M
      AI Estimate
      $2,390,000
      Market price range: $1.34M - $3.13M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,740,000
      Current use
      COMMERCIAL (GENERAL)
      $4,920,000
      Change: +32% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,010,000
      Change: +7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Round Lake Park
    County
    Lake
    State
    Illinois
    Longitude
    -88.0816
    Latitude
    42.3459
    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
    $95,886
    $293,302
    $539,948
    $833,250
    -
    $879,994
    $1,620,006
    $2,500,000
    More about this property
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