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Property profile & analytics

5724 Northridge Dr Gurnee, IL 60031-4911

  • Hotels
  • 47,283 SF
  • 2.35 lot acres
OFF-MARKET
Value Estimation
$840,000
Location Intelligence
Property ID
US28-2060995
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

  • Extended Stay America - Chicago - Gurnee / Extended Stay Hotel
  • stay america / Lodging

Property Details for 5724 Northridge Dr

Year built
1997
Construction
BRICK
Lot size
2.35 lot acres
Property size
47,283 SF
Property type
Hotels
APN
07-16-404-049
APU
716404049

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $840,000
  • CAP approach

    CAP return
    Estimation
    6%
    $895,000
    6.5%
    $970,000
    7%
    $945,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $935,000
    Geo Method
    $800,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $945,000
    Retail
    $1,075,000
    Mixed-Use
    $1,030,000
    Hospitality
    $1,025,000
    Educational
    $920,000
    Residential Income
    $1,080,000
    Energy
    $1,015,000
    Income-Based Land
    $785,000
    Food Service
    $865,000

Location Insight

  • Map
  • Local Demand
City
Gurnee
County
Lake
State
Illinois
Longitude
-87.9441
Latitude
42.3764
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
$126,864
$379,532
$939,428
$1,318,960
-
$1,138,710
$2,818,566
$3,957,276
More about this property
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