Property profile

601 Railroad Ave Round Lake, IL 60073

OFF-MARKET
Commercial real estate
Property ID
US28-1164876
39,588 SF 1.67 ac lot Built 1947
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1947
Construction BRICK
Total area 39,588 SF
Lot 1.67 ac (72,745 SF)
APN 06-29-100-006
UPID US28-1164876

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
  • Bowling Alley
  • Bowling Alley

Location

601 Railroad Ave Round Lake, IL 60073-3236
Round Lake metro Census 861402 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$1.64M

Owner & transaction history

since 2023
Last sale
$1.4M
2 recorded transactions
2023
$1.4M
2012
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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