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Property profile & analytics
OFF-MARKET
Retail space
40930 Il Rte 83 Antioch, IL 60002-1918
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US28-2050685
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
FRAME
Total area
2,662 SF
Lot
0.17 ac (7,405 SF)
APN
02-20-200-061
UPID
US28-2050685
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Greg J Gugel · 21 yrs held
Greg J Gugel
since 2004
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 Antioch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antioch 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,060
Tax year 2023
Assessed value
$33,682
Assessed 2023
Previous assessed
$31,509
+6.9% YoY
Effective rate
9.08%
On assessed value
Assessed land
$5,042
Assessed improvement
$28,640
Land market value
$15,128
Improvement market value
$85,929
Total market value
$101,057
Applied tax rate
4,021.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
NONE
Total area
2,662 SF
Lot
0.17 ac (7,405 SF)
APN
02-20-200-061
UPID
US28-2050685
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
1960
Construction
FRAME
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Greg J Gugel
Individual
Mailing address
40930 N IL RTE 83, ANTIOCH, IL 60002-1918
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2020
—
Gregory J Gugel
—
Deed
related
$47,993 · State Bk/lakes
Mar 22, 2013
—
Gugel,greg J
—
Deed Of Trust
related
$200,000 · State Bk/lakes
Dec 3, 2010
—
Greg J Gugel
—
Trustees Deed
related
$40,000 · State Bank Of The Lakes
Nov 5, 2009
—
Gregory J Gugel
—
Trustees Deed
related
$20,000 · State Bank Of The Lakes
Oct 18, 2004
$174,000
Greg J Gugel
Pavlin,steve & Rita G
Warranty Deed
$213,750 · Libertyville Bank & Trust Co
—
—
Gugel,greg J
—
Loan Modification
related
—
—
—
Gregory J Gugel
—
Loan Modification
related
$47,993 · State Bk/lakes
—
—
Gregory J Gugel
—
Loan Modification
related
$153,103 · State Bk/lakes
—
—
Gregory J Gugal
—
Deed Of Trust
related
$50,000 · Liberty Bank & Trust Co
—
—
Gregory J Gugel
—
Deed Of Trust
related
—
—
—
Gugel,greg J
—
Loan Modification
related
—
—
—
Gregory J Gugel
—
Deed Of Trust
related
$227,720 · State Bank Of The Lakes
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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