New search
Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Manufacturing properties
740 Sunset Dr, Round Lake, IL 60073-2826
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-1913079
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Construction
STEEL FRAME
Total area
7,140 SF
Lot
0.94 ac (41,073 SF)
APN
06-20-301-006
UPID
US28-1913079
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$738k
Blend (final)
Blend
$990k
Owner & transaction history
Roun Lake Pallets INC · 5 yrs held
Roun Lake Pallets INC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+121.3%
Office building
$935,000
+65.4%
Apartment house (5+ units)
$840,000
+48.7%
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 Round Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Round Lake 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
$1,140,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,250,000
Change: +121% · Conversion: Easy
OFFICE BUILDING
$935,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$810,000
Change: +44% · Conversion: Moderate
COMMERCIAL (GENERAL)
$740,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$605,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.00M (Jul 2 2021)
Last sale anchor
$1.00M
Jul 2 2021
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
$139 / 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
$20,173
Tax year 2023
Assessed value
$208,159
Assessed 2023
Previous assessed
$195,432
+6.5% YoY
Effective rate
9.69%
On assessed value
Assessed land
$27,429
Assessed improvement
$180,730
Land market value
$82,295
Improvement market value
$542,244
Total market value
$624,539
Applied tax rate
7,143.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Total area
7,140 SF
Lot
0.94 ac (41,073 SF)
APN
06-20-301-006
UPID
US28-1913079
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
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
RETAIL STORES
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$605,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
2000
Construction
STEEL FRAME
Heating
NONE
Lot
0.94 ac
Current owner
From public records · entity-resolved
Roun Lake Pallets INC
Entity
Mailing address
740 SUNSET DR, ROUND LAKE, IL 60073-2826
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$1,000,000
Roun Lake Pallets INC
Acosta Enterprises Ltd
Warranty Deed
—
Mar 30, 2010
—
Acosta Ents Ltd
Aztec Fence INC
Quit Claim Deed
related
—
Nov 26, 2004
—
Rosalio Acosta
—
Trustees Deed
related
$175,000 · First State Bank Round Lake
Nov 18, 2004
—
Aztec Fence INC
—
Trustees Deed
related
$175,333 · First State Bank Round Lake
Oct 11, 2004
—
Aztec Fence INC
—
Trustees Deed
related
$200,000 · First State Bank Round Lake
Dec 29, 2000
$400,000
Aztec Fence INC
State Bank Of The Lakes Ttee
Grant Deed
$300,000 · Lakeland Community Bank
—
—
Acosta Ents Ltd
—
Deed Of Trust
related
$373,829 · Norstates Bank
—
—
State Bank Antioch Trustee
—
Deed Of Trust
related
$250,000 · First State Bank Round Lake
—
—
Rosalio Acosta
—
Deed Of Trust
related
$197,748 · First State Bank Round Lake
—
—
Rosalio Acosta
—
Deed Of Trust
related
$84,000 · Norstates Bank
—
—
Acosta Ents Ltd
—
Deed Of Trust
related
$133,500 · Norstates Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 740 Sunset Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
