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    Property profile & analytics

    530 Washington St Grayslake, IL 60030-7959

    • Banks
    • 4,325 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US28-1022717
    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.

    Current Use by Public Records

    • Banks

    Property Details for 530 Washington St

    Year built
    1997
    Construction
    BRICK
    Lot size
    1.01 lot acres
    Property size
    4,325 SF
    Property type
    Banks
    APN
    06-23-401-005
    APU
    623401005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $530,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $595,000
      Retail
      $540,000
      Mixed-Use
      $495,000
      Hospitality
      $470,000
      Educational
      $520,000
      Residential Income
      $445,000
      Energy
      $475,000
      Income-Based Land
      $485,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0327
    Latitude
    42.3605
    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
    $30,012
    $94,774
    $126,051
    $220,825
    -
    $284,350
    $378,191
    $662,541

    Comparable in this City

    • Value Estimation by Request
      960 SF

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    • Value Estimation
      $500,000
      6,531 SF

      34354 Us Hwy 45

      FINANCIAL BUILDING • 6,531 SF
      34354 Us Hwy 45, Third Lake, IL 60030-4031
      View Details
    • Value Estimation
      $650,000
      3,754 SF

      975 Belvidere Rd

      FINANCIAL BUILDING • 3,754 SF
      975 Belvidere Rd, Grayslake, IL 60030-2502
      View Details
    • Value Estimation
      $1,320,000
      14,961 SF

      480 Ctr St

      FINANCIAL BUILDING • 14,961 SF
      480 Ctr St, Grayslake, IL 60030-7827
      View Details
    • Value Estimation
      $605,000
      18,718 SF

      20 Commerce Dr

      FINANCIAL BUILDING • 18,718 SF
      20 Commerce Dr, Grayslake, IL 60030
      View Details
    • Value Estimation
      $435,000
      15,560 SF

      202 Ctr St

      FINANCIAL BUILDING • 15,560 SF
      202 Ctr St, Grayslake, IL 60030-1535
      View Details

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    Similar Nearby for Lease

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      Retail Space Available For Lease

      Retail space available for lease in Grayslake, Illinois.
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      Grayslake Commercial Space For Rent

      Office suites and storefronts available in Grayslake, Illinois.
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    • New
      Contact for pricing

      Grayslake Commercial Space For Rent

      Retail/office space in high-traffic Grayslake location, available now.
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      View Details

    Property Visit Statistics

    • Visits by month
      3.5k
    • Visitors by month
      2.3k
    • Avg Time on site
      9 min
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    Grayslake, IL 60030-7959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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