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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial real estate
600 Il Rte 59, Ingleside, IL 60041-9402
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5509701
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.25 ac (54,450 SF)
APN
05-15-200-016
UPID
US28-5509701
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
Aira Fitness Ingleside LLC · 2 yrs held
Aira Fitness Ingleside LLC
since 2024
Last sale
$600,000
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 Ingleside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ingleside 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Jan 31 2024)
Last sale anchor
$600k
Jan 31 2024
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
—
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
$33,073
Tax year 2023
Assessed value
$373,188
Assessed 2023
Previous assessed
$356,725
+4.6% YoY
Effective rate
8.86%
On assessed value
Assessed land
$42,449
Assessed improvement
$330,739
Land market value
$127,360
Improvement market value
$992,316
Total market value
$1,119,676
Applied tax rate
6,061.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.25 ac (54,450 SF)
APN
05-15-200-016
UPID
US28-5509701
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
Heating
NONE
Lot
1.25 ac
Current owner
From public records · entity-resolved
Aira Fitness Ingleside LLC
Entity
Mailing address
521 S JADE LN, ROUND LAKE, IL 60073-8163
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Aira Fitness Igleside LLC
—
Deed
related
$600,000 · Cornerstone National Bank & Trust Co
Jan 31, 2024
$600,000
Aira Fitness Ingleside LLC
Gymlife LLC
Warranty Deed
$300,000 · Jpmorgan Chase Bank NA
Jan 31, 2024
—
Gymlife LLC
Karyn E Bendinelli
Deed
—
Aug 5, 2020
—
Gymlife LLC
Karyn E Bendinelli
Grant Deed
—
Oct 2, 2018
—
Bendinelli Family Trust
Prasil Thomas E Trust
Grant Deed
—
Aug 30, 2013
$500,000
Prasil,thomas E Trust
Mitchell William G Trust
Grant Deed
related
—
Apr 15, 2013
—
Mitchell,william G Trust
Mjw Group LLC
Quit Claim Deed
related
—
Oct 27, 2006
$1,265,000
Mjw Group LLC
Jcb-llc
Warranty Deed
—
Oct 4, 2000
$350,000
Jcb LLC
State Bank Of Lakes Ttee
Grant Deed
—
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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