Property profile

720 Western Ave Lake Forest, IL 60045

OFF-MARKET
Retail space
Property ID
US28-1360703
5,925 SF 0.05 ac lot Built 1920
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction BRICK
Total area 5,925 SF
Lot 0.05 ac (2,217 SF)
APN 12-33-114-006
UPID US28-1360703

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
  • Bakery Specialty Food Shop

Location

720 Western Ave Lake Forest, IL 60045-1820
Lake Forest metro Census 863500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2013
1 recorded transaction
2013
$28,328

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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