Property profile

701 Midlothian Rd Mundelein, IL 60060

OFF-MARKET
Retail space
Property ID
US28-5113666
13,833 SF 2.94 ac lot Built 1999
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction FRAME
Total area 13,833 SF
Lot 2.94 ac (128,066 SF)
APN 10-36-109-027
UPID US28-5113666

Cap rate & NOI

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

Location

701 Midlothian Rd Mundelein, IL 60060-2686
Mundelein metro Census 864107 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.18M
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$600k

Owner & transaction history

since 2016
5 recorded transactions
2019
Price N/A
2017
Price N/A
2016
$3.0M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.4M +37.4%
Restaurant $2.4M +34.1%
Apartment house (5+ units) $2.0M +10.9%

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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