Financial
Distress signals
Property profile

818 10Th St Waukegan, IL 60085

FOR SALE
Retail space
Property ID
US28-2514881
7,443 SF 0.15 ac lot Built 1950
Last sale Mar 2014
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use brick building located at 818 10th Street in southside Waukegan on a commercially active street. The first floor contains a restaurant space along with additional interior space configured for the placement of gambling machines and has potential for use as a sports bar. The second floor includes two residential apartments, creating a live-and-work layout with two dwelling units above the ground-floor commercial operation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$42k
Assessed land$5k
Assessed improvement$36k
Effective rate8.94%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$7k
Operating expenses−$28k
NOI · 10.44% cap applied$47k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$105/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$43 – $183

Cap rate analysis

How does the asset earn?
10.44%
$47k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Dental Office14.4
Law Firm13.5

Location

818 10Th St Waukegan, IL 60085
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2766 Washington, Waukegan, IL 60085-4959 $270,000 May 2025 7,680 SF
2304 Grand, Waukegan, IL 60085-3313 $1,165,000 May 2025 5,940 SF
606 Nn, Waukegan, IL 60085-3948 $125,000 Apr 2025 7,242 SF
38 Genesee, Waukegan, IL 60085-4307 $400,000 Sep 2024 8,240 SF
814 Gln Flora, Waukegan, IL 60085-1839 $215,000 Sep 2024 10,140 SF
2911 Grand, Waukegan, IL 60085-2318 $168,500 May 2024 5,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message