Property profile

7162 Barnard Ml Rd Wonder Lake, IL 60097

OFF-MARKET
Other commercial real estate
Property ID
US28-2248782
4,740 SF 0.8 ac lot Built 1965
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

In Wonder Lake, Illinois, the property consists of a free-standing block building with approximately 5,000 square feet plus a newer block addition of approximately 5,000 square feet constructed about five years prior to the listing. The site is nearly two acres and provides ample parking and a total lot area stated as 81,892 square feet. Combined, the structures offer about 10,000 square feet of usable space, including an approximately 400-square-foot office. The front portion of the building is designed to be divisible into two spaces of approximately 2,000 and 3,000 square feet, supporting multi-tenant use and equipment storage. The property is positioned for industrial or manufacturing uses and backs up to a conservation area, with the site located just north of a lake.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 4,740 SF
Lot 0.8 ac (34,951 SF)
APN 09-06-285-012
UPID US28-2248782

Cap rate & NOI

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

Location

7162 Barnard Ml Rd Wonder Lake, IL 60097-9101
Wonder Lake metro Census 870703 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
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Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2014
5 recorded transactions
2020
Price N/A
2014
$160,100
1999
$27,000
1969
Price N/A
1969
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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