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    Property profile & analytics

    7307 Mccullom Lk Rd Wonder Lake, IL 60097-9529

    • Warehouses
    • 4,800 SF
    • 4.28 lot acres
    OFF-MARKET
    Value Estimation
    $760,000
    Last Sale
    Oct 07, 2024
    $755,000
    Location Intelligence
    Property ID
    US28-1066525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 7307 Mccullom Lk Rd

    Year built
    1995
    Construction
    FRAME
    Lot size
    4.28 lot acres
    Property size
    4,800 SF
    Property type
    Warehouses
    APN
    09-18-226-007
    APU
    918226007

    Description

    This exceptional Wonder Lake, IL property offers 10,000 square feet of commercial space across two buildings situated on a 4.78-acre lot at 7307 McCullom Lake Rd, zip code 60097. The property includes six potential rental units. Building one features four 1,200 sq ft units, each with water, a bathroom, and an office. Building two offers two larger units, one at 2,400 sq ft and another at 1,200 sq ft. The property is zoned for Industrial, Mixed Use, Office, and Special Purpose uses. The asking price is $750,000 ($75 per square foot). This prime location just off McCullom Lake Road presents a significant opportunity for income generation and future commercial development or expansion. The property consists of one story buildings. This is a for sale by owner opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $820,000
      6.5%
      $820,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $775,000
      Retail
      $830,000
      Mixed-Use
      $825,000
      Hospitality
      $785,000
      Educational
      $840,000
      Residential Income
      $730,000
      Energy
      $745,000
      Income-Based Land
      $780,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Wonder Lake
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.3359
    Latitude
    42.3844
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,932
    $62,925
    $90,126
    $153,051
    -
    $188,775
    $270,378
    $459,153

    Comparable in this City

    • Value Estimation
      $215,000
      3,300 SF

      7619 Howe Rd

      WAREHOUSE, STORAGE • 3,300 SF
      7619 Howe Rd, Wonder Lake, IL 60097
      View Details
    • Value Estimation by Request
      2,773 SF

      4200 Thompson Rd

      INDUSTRIAL (GENERAL) • 2,773 SF
      4200 Thompson Rd, Wonder Lake, IL 60097-9122
      View Details
    • Value Estimation
      $105,000
      1,680 SF

      2713 Wonder Lk Rd

      INDUSTRIAL (GENERAL) • 1,680 SF
      2713 Wonder Lk Rd, Wonder Lake, IL 60097-9322
      View Details
    • Value Estimation by Request
      0.40 Acres

      7120 Barnard Ml Rd

      COMMERCIAL (GENERAL) • 0.40 Acres
      7120 Barnard Ml Rd, Wonder Lake, IL 60097
      View Details
    • Value Estimation by Request
      0.12 Acres

      Telegraph Rd

      COMMERCIAL (GENERAL) • 0.12 Acres
      Telegraph Rd, Wonder Lake, IL 60097
      View Details
    • Value Estimation by Request
      11,876 SF

      7407 Hancock Dr

      COMMERCIAL (GENERAL) • 11,876 SF
      7407 Hancock Dr, Wonder Lake, IL 60097-9555
      View Details

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    Wonder Lake, IL 60097-9529
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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