Property summary
This exceptional investment opportunity presents a 20-year absolute NNN ground lease for a Thorntons gas station located at two addresses in Mundelein, Illinois: 739 N Lake St and 10 E Maple Ave, zip code 60060. The property boasts a 4,400 square foot building on a 1.43-acre lot, built in 2024. The lease commenced March 30th, 2024, and expires March 31st, 2044, with a remaining term of approximately 19.4 years. The property features eight gas pumps and generates a Net Operating Income (NOI)… of $125,000, resulting in a 5.35% cap rate. The asking price is $2,336,000. Rent increases by 10% every five years, ensuring consistent income growth. The lease includes six five-year renewal options. This strategically located gas station benefits from high visibility at a signalized intersection with high average daily traffic counts (11,600 AADT on East Maple Avenue and 18,300 AADT on North Lake Street). The surrounding area boasts strong demographics, including a population of 111,158 within a 5-mile radius, an average household income of $171,980, and an average home value of $455,768. The property's proximity to major employers, including those within the 1.2 million square foot Innovation Office Park, and educational institutions like the University of St. Mary of the Lake and Advocate Condell Medical Center, further enhances its appeal. This is a turnkey investment with no landlord responsibilities, offering significant long-term value in the thriving Chicago MSA.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.93 ac
- APN
- 11-19-300-038
- Assessed value · 2023
- $71,339
- Annual tax · 2023
- $7,298
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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