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Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
Office buildings
43451 Us Hwy 41, Zion, IL 60099-9411
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US28-1222979
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
BRICK
Total area
34,018 SF
Lot
4.61 ac (200,812 SF)
APN
03-04-400-002
UPID
US28-1222979
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
$5.33M
Blend (final)
Blend
$3.99M
Owner & transaction history
Camosy INC · 19 yrs held
Camosy INC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+44.4%
Restaurant
$5.8M
+41.0%
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 Zion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zion 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,115,000
Current use
AUTO REPAIR, GARAGE
$5,945,000
Change: +44% · Conversion: Difficult
RESTAURANT
$5,805,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,075,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,810,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.99M
Range $3.59M – $4.39M · ±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
$117 / 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
$70,234
Tax year 2023
Assessed value
$637,498
Assessed 2023
Previous assessed
$688,933
-7.5% YoY
Effective rate
11.02%
On assessed value
Assessed land
$102,046
Assessed improvement
$535,452
Land market value
$306,169
Improvement market value
$1,606,517
Total market value
$1,912,686
Applied tax rate
3,001.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Construction
BRICK
Heating
NONE
Total area
34,018 SF
Lot
4.61 ac (200,812 SF)
APN
03-04-400-002
UPID
US28-1222979
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RESTAURANT
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
BRICK
Heating
NONE
Lot
4.61 ac
Current owner
From public records · entity-resolved
Camosy INC
Entity
Mailing address
43451 N US HWY 41, ZION, IL 60099-9411
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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 1, 2007
—
Camosy INC
—
Deed Of Trust
related
$4,000,000 · Norstates Bank
Nov 21, 2005
—
Camosy INC
—
Deed Of Trust
related
$1,950,000 · Norstates Bank
Aug 2, 2005
—
Camosy INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Waukegan
May 18, 2004
—
Camosy INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Waukegan
—
—
Camosy INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Waukegan
—
—
Camosy INC
—
Deed Of Trust
related
$860,311 · Norstates Bank
—
—
Camosy INC
—
Deed Of Trust
related
$600,000 · Lasalle National Bank
—
—
Camosy INC
—
Deed Of Trust
related
$1,000,000 · Norstates Bank
—
—
Camosy INC
—
Deed Of Trust
related
$4,000,000 · Norstates Bank
—
—
Camosy INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Waukegan
—
—
Camosy INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Waukegan
—
—
Camosy INC
—
Deed Of Trust
related
$900,000 · 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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