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    Property profile & analytics

    735 Belvidere Rd Grayslake, IL 60030-2466

    • Grocery and convenience stores
    • 2,800 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Location Intelligence
    Property ID
    US28-1441002
    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

    • Grocery and convenience stores

    Property Details for 735 Belvidere Rd

    Year built
    1988
    Construction
    BRICK
    Lot size
    0.66 lot acres
    Property size
    2,800 SF
    Property type
    Grocery and convenience stores
    APN
    06-35-200-022
    APU
    635200022

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.031
    Latitude
    42.3363
    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
    $19,967
    $97,418
    $107,927
    $205,345
    -
    $292,283
    $323,813
    $616,096

    Comparable in this City

    • Value Estimation
      $545,000
      7,304 SF

      33978 Us Hwy 45

      CONVENIENCE STORE • 7,304 SF
      33978 Us Hwy 45, Third Lake, IL 60030-1714
      View Details
    • Value Estimation
      $760,000
      4,200 SF

      1306 Il Rte 83

      CONVENIENCE STORE • 4,200 SF
      1306 Il Rte 83, Grayslake, IL 60030-7977
      View Details
    • Value Estimation
      $5,045,000
      2,560 SF

      92 Belvidere Rd

      CONVENIENCE STORE • 2,560 SF
      92 Belvidere Rd, Hainesville, IL 60030-2313
      View Details
    • Value Estimation by Request
      1,914 SF

      2 Il Rte 83

      CONVENIENCE STORE • 1,914 SF
      2 Il Rte 83, Grayslake, IL 60030-1618
      View Details
    • Value Estimation by Request
      2,552 SF

      33199 Us Hwy 45

      CONVENIENCE STORE • 2,552 SF
      33199 Us Hwy 45, Grayslake, IL 60030-3906
      View Details
    • Value Estimation
      $420,000
      3,298 SF

      320 Us Hwy 45

      CONVENIENCE STORE • 3,298 SF
      320 Us Hwy 45, Grayslake, IL 60030-3902
      View Details

    Similar Nearby for Sale

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      Versatile commercial/residential building in high-visibility location on Hwy 45.
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      Downtown Grayslake Storefront

      Prime Grayslake retail space, high visibility.
      102-106 Center St, Grayslake, IL 60030
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      Thriving downtown location with redevelopment potential for restaurant/bar.
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      High-traffic location, redevelopment potential
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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space Available For Lease

      Retail space available for lease in Grayslake, Illinois.
      34111 N Barron Blvd, Grayslake, IL 60030
      View Details
    • Contact for pricing

      Grayslake Commercial Space For Rent

      Office suites and storefronts available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • New
      Contact for pricing

      Grayslake Commercial Space For Rent

      Retail/office space in high-traffic Grayslake location, available now.
      33113 Us 45 Hwy, Grayslake, IL 60030
      View Details
    • Contact for pricing
      6,011 SF

      1480 North Lake St., Grayslake, IL

      Neighborhood centers • 6,011 SF
      1480 Lake St, Grayslake, IL 60030
      View Details
    • $18 SF/Yr
      765 SF

      Grayslake Retail-Office Space Available

      765 SF retail-office space in downtown Grayslake available for lease.
      136 Center St, Grayslake, IL 60030
      View Details
    • New
      Contact for pricing

      Grayslake Commercial Space Available

      Office suites and storefronts in a busy Grayslake location.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details

    Property Visit Statistics

    • Visits by month
      8.8k
    • Visitors by month
      5.7k
    • Avg Time on site
      7 min
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    735 Belvidere Rd
    Grayslake, IL 60030-2466
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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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