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Property profile & analytics
FOR LEASE
Commercial real estate
625 N Bridgeport Ter, Lindenhurst, IL 60046
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2070128
For Lease
1 / 17
$5,090,000
625 N Bridgeport Ter, Lindenhurst, IL 60046
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Construction
FRAME
Total area
33,318 SF
Lot
12.61 ac (549,292 SF)
APN
06-03-101-064
UPID
US28-2070128
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
by Request
CAP Approach
CAP
$5.31M
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$5.09M
Owner & transaction history
The Sanctuary Of Lake Villa Gdb LLC · 4 yrs held
The Sanctuary Of Lake Villa Gdb LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.8M
+68.2%
Office building
$4.4M
+25.7%
Retail stores
$4.0M
+15.2%
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 Lindenhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lindenhurst 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,745,000
6.5%
$5,305,000
7%
$4,925,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,460,000
Current use
AUTO REPAIR, GARAGE
$5,825,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$4,350,000
Change: +26% · Conversion: Easy
RETAIL STORES
$3,985,000
Change: +15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,910,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±10%
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
$153 / SF
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
$454,222
Tax year 2023
Assessed value
$4,217,840
Assessed 2023
Previous assessed
$4,190,376
+0.7% YoY
Effective rate
10.77%
On assessed value
Assessed land
$696,657
Assessed improvement
$3,521,183
Land market value
$2,090,180
Improvement market value
$10,564,605
Total market value
$12,654,785
Applied tax rate
5,119.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2002
Construction
FRAME
Heating
NONE
Buildings
9
Total area
33,318 SF
Lot
12.61 ac (549,292 SF)
APN
06-03-101-064
UPID
US28-2070128
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$5.8M
OFFICE BUILDING
Est. value
$4.4M
RETAIL STORES
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
NONE
Buildings
9
Lot
12.61 ac
Current owner
From public records · entity-resolved
The Sanctuary Of Lake Villa Gdb LLC
Entity
Mailing address
495 N RIVERSIDE DR STE #210, GURNEE, IL 60031-5920
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
The Sanctuary Of Lake Villa Gdb LLC
—
Deed
related
$15,400,000 · Old National Bank
Jul 5, 2017
—
Sanctuary Of Lake Villa Gdb LLC
—
Deed
related
$14,280,600 · First Midwest Bk
Dec 18, 2008
—
Sanctuary Of Lake Villa Gdb LLC
—
Deed Of Trust
related
$16,000,000 · First Midwest Bank
—
—
Sanctuary Of Lake Villa Gdb LLC
—
Deed Of Trust
related
$16,000,000 · First Midwest Bank
—
—
Sanctuary Of Lake Villa Gdb LLC
—
Loan Modification
related
$14,280,600 · First Midwest Bk
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?”
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