Property profile

580 Bank Ln Lake Forest, IL 60045

OFF-MARKET
Commercial real estate
Property ID
US28-5744190
36,532 SF 0.45 ac lot Built 1961
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Construction BRICK
Total area 36,532 SF
Lot 0.45 ac (19,798 SF)
APN 12-33-119-013
UPID US28-5744190

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Engineering Consultant
  • Real Estate Agency
  • Law Firm
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Financial Advisor

Location

580 Bank Ln Lake Forest, IL 60045-1949
Lake Forest metro Census 863500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.50M
Blend (final) Blend
$805k

Owner & transaction history

since 2007
6 recorded transactions
2022
Price N/A
2017
Price N/A
2007
$5.9M
2002
Price N/A
2001
$3.1M
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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