New search
Property profile & analytics
FOR LEASE
Warehouses
600 Waukegan Rd, Northbrook, IL 60062
Entity Owned
Free & Clear
Property ID
US28-0590523
For Lease
$2,915,000
600 Waukegan Rd, Northbrook, IL 60062
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Lot
6.35 ac (276,606 SF)
APN
04-04-202-005
UPID
US28-0590523
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
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
Psd2forpb LLC
Psd2forpb LLC
since 2026
Last sale
$2.9M
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 Northbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northbrook 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
$3,280,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.92M
Range $2.62M – $3.21M · ±10% · vs last sale $2.88M (Jun 29 2021)
Last sale anchor
$2.88M
Jun 29 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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$88,022
Tax year 2022
Assessed value
$416,062
Assessed 2022
Previous assessed
$416,000
+0.0% YoY
Effective rate
21.16%
On assessed value
Assessed land
$414,843
Assessed improvement
$1,219
Land market value
$1,659,372
Improvement market value
$4,876
Total market value
$1,664,248
Applied tax rate
25,001.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1970
Heating
NONE
Lot
6.35 ac (276,606 SF)
APN
04-04-202-005
UPID
US28-0590523
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL 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
1970
Heating
NONE
Lot
6.35 ac
Current owner
From public records · entity-resolved
Psd2forpb LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1205 N GARLAND RD, WAUCONDA, IL 60084-1011
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
Psd2forpb LLC
Psd2 LLC
Deed
related
—
Nov 26, 2025
—
600 Waukegan LLC
—
Deed
related
$4,750,000 · Hoyne Savings Bank
May 8, 2025
$4,100,000
600 Waukegan LLC
Joint Equity Partners LLC
Warranty Deed
$3,075,000 · Lakeside Bank
May 8, 2025
—
600 Waukegan LLC
—
Deed
related
$3,075,000 · Lakeside Bank
Apr 11, 2025
—
Joint Equity Partners LLC
—
Deed
related
$1,640,000 · Nsquared Lender LLC
Mar 12, 2025
—
Joint Equity Partners LLC
Platform I 600 Waukegan LLC
Deed
related
—
Dec 20, 2021
$70,000
600 Building LLC
Natalia Drobetskiy
Warranty Deed
—
Jul 29, 2021
—
Northbrook Materials LLC
One Down LLC
Re-recorded Document
related
—
Jun 29, 2021
$2,876,500
Psd6 For Sb LLC
One Down LLC
Warranty Deed
—
Jun 29, 2021
—
Pbpsd6 LLC
Psd6 LLC
Quit Claim Deed
related
—
Jun 10, 2021
$176,000
Liteway Electrical Contractors INC
Flex Space Properties INC
Warranty Deed
—
Mar 11, 2019
—
Legend Associates LLC
—
Deed
related
$300,000 · Libertyville Bk
Sep 13, 2017
—
Platform I 600 Waukegan LLC
—
Deed
related
$100,000 · Tresi LLC
Jun 19, 2017
—
Natalia Drobetskiy
—
Deed
related
$113,283 · Mb Fin'l Bk
Nov 30, 2016
$189,000
600 Waukegan 134 LLC
Platform I 600 Waukegan LLC
Grant Deed
related
—
Oct 14, 2010
$300,000
Alstan Ents LLC
Dejneka,natalia
Quit Claim Deed
related
—
Oct 16, 2008
—
Psd6 LLC
Blinderman Rebecca Trust
Grant Deed
related
—
Jul 29, 2008
—
600 Waukegan Road LLC
—
Deed Of Trust
related
$6,647,099 · New Century Bank
Feb 4, 2008
$300,000
Natalia Dejneka
600 Waukegan Road LLC
Grant Deed
$240,000 · Marquette Bank
Dec 3, 2007
—
Blinderman Rebecca Trust
Blinderman Leonard
Quit Claim Deed
related
—
Jun 6, 2005
—
600 Waukegan Road LLC
—
Grant Deed
related
$6,700,000 · New Century Bank
Feb 17, 2005
—
600 Waukegan Road LLC
—
Trustees Deed
related
$303,000 · New Century Bank
—
—
600 Waukegan Road LLC
—
Deed Of Trust
related
$6,647,099 · New Century Bank
—
—
Mid-city Nat'l Bank Chicago Tt
—
Deed Of Trust
related
$33,000 · Mid City Bank
—
—
600 Waukegan Road LLC
—
Deed Of Trust
related
$850,000 · New Century Bank
—
—
600 Waukegan Road LLC
—
Deed Of Trust
related
$1,796,000 · New Century Bank
—
—
600 Waukegan Road LLC
—
Deed Of Trust
related
$850,011 · New Century Bank
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
