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Property profile & analytics
FOR LEASE
Investment properties
532 Lake St Antioch, IL 60002
Entity Owned
~
Est. High Equity
Property ID
US28-0705671
For Lease
1 / 5
$250 SF/Yr
532 Lake St, Antioch, IL 60002
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1978
Construction
FRAME
Total area
10,156 SF
Lot
0.54 ac (23,348 SF)
APN
02-07-406-001
UPID
US28-0705671
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
Current use
Occupant on record · Public records
-
RE/MAX Advantage Realty Real Estate Agency
-
CrossCountry Mortgage, LLC- The Marinca Team Loan Service Bank
-
FREE Customized Market Snapshot of YOUR Neighborhood - The Becker Group Real Estate Agency
-
The Becker Group Real Estate Agency
-
Get Your Home SOLD in 30 Days ~ The Becker Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$635k
Owner & transaction history
532 Nielsen LLC
532 Nielsen LLC
since 2025
Last sale
$500,000
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
Method
Estimation
Statistic approach
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $500k (Dec 8 2025)
Last sale anchor
$500k
Dec 8 2025
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
$63 / 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
$26,459
Tax year 2023
Assessed value
$218,702
Assessed 2023
Previous assessed
$235,568
-7.2% YoY
Effective rate
12.10%
On assessed value
Assessed land
$23,850
Assessed improvement
$194,852
Land market value
$71,557
Improvement market value
$584,614
Total market value
$656,171
Applied tax rate
4,034.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1978
Construction
FRAME
Heating
NONE
Total area
10,156 SF
Lot
0.54 ac (23,348 SF)
APN
02-07-406-001
UPID
US28-0705671
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
1978
Construction
FRAME
Heating
NONE
Lot
0.54 ac
Current owner
From public records · entity-resolved
532 Nielsen LLC
Entity
Mailing address
532 LK ST, ANTIOCH, IL 60002-1424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$500,000
532 Nielsen LLC
David L Fales
Warranty Deed
$300,000 · David Fales
May 4, 2006
—
David L Fales
—
Trustees Deed
related
$450,000 · First National Bank
Oct 20, 2004
—
David L Fales
—
Trustees Deed
related
$100,000 · First National Bank
—
—
David L Fales
—
Deed Of Trust
related
—
—
—
David L Fales
—
Deed Of Trust
related
$40,000 · State Bank Of The Lakes
—
—
David L Fales
—
Deed Of Trust
related
$725,000 · First National Bank
—
—
David L Fales
—
Deed Of Trust
related
$180,000 · State Bank Of The Lakes
—
—
David L Fales
—
Deed Of Trust
related
$200,000 · State Bank Of The Lakes
—
—
David L Fales
—
Deed Of Trust
related
$500,000 · First National Bank
—
—
David L Fales
—
Deed Of Trust
related
$300,000 · State Bank Of The Lakes
—
—
David L Fales
—
Deed Of Trust
related
$194,000 · State Bank Of The Lakes
—
—
David L Fales
—
Deed Of Trust
related
$313,425 · Americaunited Bk & Tr Co USA
—
—
David L Fales
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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