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Property profile & analytics
OFF-MARKET
Estimated value
$54,250,000
Specialty properties
5389 Lezlie Ln, Gurnee, IL 60031-6319
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0576684
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1988
Construction
FRAME
Total area
296 SF
Lot
22.61 ac (984,892 SF)
APN
07-15-211-001
UPID
US28-0576684
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
-
Pembrook Club Apartment Homes Apartment Building Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$54.25M
Owner & transaction history
Legacy Pembrook Property Owner LLC · 1 yrs held
Legacy Pembrook Property Owner LLC
since 2024
Last sale
$51.9M
6 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 Gurnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gurnee 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
$59,055,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$54.25M
Range $48.83M – $59.68M · ±10% · vs last sale $51.85M (Jul 16 2021)
Last sale anchor
$51.85M
Jul 16 2021
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
$183,277 / 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
$1,053,442
Tax year 2023
Assessed value
$11,061,786
Assessed 2023
Previous assessed
$10,633,265
+4.0% YoY
Effective rate
9.52%
On assessed value
Assessed land
$1,551,105
Assessed improvement
$9,510,681
Land market value
$4,653,780
Improvement market value
$28,534,896
Total market value
$33,188,676
Applied tax rate
8,042.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
NONE
Buildings
25
Total area
296 SF
Lot
22.61 ac (984,892 SF)
APN
07-15-211-001
UPID
US28-0576684
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
1988
Construction
FRAME
Heating
NONE
Buildings
25
Lot
22.61 ac
Current owner
From public records · entity-resolved
Legacy Pembrook Property Owner LLC
Entity
Mailing address
400 LOCUST ST STE #790, DES MOINES, IA 50309-2347
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
—
Legacy Pembrook Property Owner LLC
Wh Pembrook Property Owner LLC
Intrafamily Transfer
related
$42,966,000 · Berkadia Commercial Mortgage LLC
Jul 16, 2021
$51,850,000
Wh Pembrook Property Owner LLC
PC Gurnee LLC
Special Warranty Deed
$37,700,000 · Berkadia Commercial Mortgage LLC
Dec 5, 2011
$29,729,500
PC Gurnee LLC
The Northwestern Mutual Life Insura
Special Warranty Deed
$24,750,000 · Cwcapital LLC
Mar 21, 2003
—
Pembrook INC
Pb Club INC
Quit Claim Deed
related
—
Dec 11, 1998
$7,578,000
Pb Club INC
American Nat'l Bk & Tr Co Ttee
Grant Deed
—
—
—
PC Gurnee LLC
—
Deed Of Trust
related
$32,200,000 · Walker & Dunlop
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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