Property profile

502 Lincoln Ave 550 West Dundee, IL 60118

OFF-MARKET
Apartment buildings
Property ID
US28-2272783
21,600 SF 1.25 ac lot Built 1974
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1974
Total area 21,600 SF
Lot 1.25 ac (54,450 SF)
APN 03-22-404-001
UPID US28-2272783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

502 Lincoln Ave, Unit 550 West Dundee, IL 60118-1237
West Dundee metro Census 850500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.86M
Comparable Approach Comparable
$3.66M
Blend (final) Blend
$620k

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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