Property profile

951 Il Rte 83 Mundelein, IL 60060

OFF-MARKET
Retail space
Property ID
US28-1958698
14,734 SF 1.98 ac lot Built 2007
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction BRICK
Total area 14,734 SF
Lot 1.98 ac (86,162 SF)
APN 10-23-104-019
UPID US28-1958698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

951 Il Rte 83 Mundelein, IL 60060-9115
Mundelein metro Census 864105 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$610k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.6M +37.4%
Restaurant $2.5M +34.1%
Apartment house (5+ units) $2.1M +10.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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