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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Automotive properties
7225 Grand Ave, Gurnee, IL 60031-5270
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2286632
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1999
Construction
BRICK
Total area
39,284 SF
Lot
6.9 ac (300,564 SF)
APN
07-17-109-012
UPID
US28-2286632
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
Current use
Occupant on record · Public records
-
McCullough Kubota Big Box & Wholesale Store Construction Company
-
Anthony Buick GMC Car Dealership
-
Anthony Auto Group Car Dealership
-
Buick at ANTHONY AUTO GROUP Car Dealership
-
Hertz Car Rental - Gurnee - Anthony Pontiac GMC Buick HLE Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$4.00M
Owner & transaction history
7225 Grand Ave LLC · 2 yrs held
7225 Grand Ave LLC
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gurnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gurnee 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
$4,000,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,660,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (May 10 2024)
Last sale anchor
$4.00M
May 10 2024
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
$102 / 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
$159,907
Tax year 2023
Assessed value
$1,623,412
Assessed 2023
Previous assessed
$1,623,412
+0.0% YoY
Effective rate
9.85%
On assessed value
Assessed land
$941,832
Assessed improvement
$681,580
Land market value
$2,825,779
Improvement market value
$2,044,944
Total market value
$4,870,723
Applied tax rate
8,029.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
NONE
Total area
39,284 SF
Lot
6.9 ac (300,564 SF)
APN
07-17-109-012
UPID
US28-2286632
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
WAREHOUSE, STORAGE
Est. value
$6.7M
WAREHOUSE, STORAGE
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
1999
Construction
BRICK
Heating
NONE
Lot
6.9 ac
Current owner
From public records · entity-resolved
7225 Grand Ave LLC
Entity
Mailing address
7225 GRAND AVE, GURNEE, IL 60031-5270
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2026
—
7225 Grand Ave LLC
—
Deed
related
$3,098,410
May 10, 2024
$4,000,000
7225 Grand Ave LLC
Chicago Title Land Trust Company
Deed
$3,250,000 · Anthony Augelli
Dec 21, 2018
—
Chicago Title Land Trust Co
—
Deed
related
$1,011,588 · American Heartland Bank & Trust
Oct 13, 2009
—
Trust 204275
—
Grant Deed
related
$1,850,000 · Norstates Bank
Apr 30, 2008
—
Trust 204275
—
Trustees Deed
related
$1,000,000 · Norstates Bank
—
—
Trust 204275
—
Deed Of Trust
related
$500,000 · Norstates Bank
—
—
Trust 204275
—
Deed Of Trust
related
$639,180 · Norstates Bank
—
—
Trust 204275
—
Deed Of Trust
related
$2,000,000 · Norstates Bank
—
—
Trust 204275
—
Deed Of Trust
related
$750,000 · Bank Of Waukegan
—
—
Trust 204725
—
Deed Of Trust
related
$3,900,000 · Bank Of Waukegan
—
—
Bank Of Waukegan Trustee
—
Deed Of Trust
related
$4,511,966 · Bank Of Waukegan
—
—
Bank Of Waukegan Trustee
—
Deed Of Trust
related
$500,000 · Bank Of Waukegan
—
—
Bank Of Waukegan Trustee
—
Deed Of Trust
related
$500,000 · Bank Of Waukegan
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.
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