Financial
Distress signals
Property profile

109 S Pearl St Atkinson, IL 61235

FOR SALE
Commercial real estate
Property ID
US28-4292982
4.88 ac lot
Last sale Sep 2022 · $595,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 24-pad mobile home park in Atkinson, Illinois, presents a compelling value-add investment opportunity. Situated on 5.65 acres, the property boasts a stabilized NOI of $85,087 and a pro-forma NOI of $95,321, reflecting an 8.96% cap rate and a pro-forma cap rate of 10.03%, respectively. Currently operating at 88% occupancy (as of May 16, 2024), the park features 24 pads, with a mix of single and multi-section pads accommodating various trailer sizes. The majority of the 21 occupied pads…

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 · 2021

What does the county charge?
$4k
Tax billed · 2021
Assessed value · 2023$47k
Assessed land$16k
Assessed improvement$31k
Effective rate8.13%

Value estimate

· Sep 2026
$575k
$518k – $633k
AI approach$555k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
County average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$36 – $147

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.7
Wholesale Shop8.5
Realty agency8.4

Location

109 S Pearl St Atkinson, IL 61235
County assessor Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
510 State, Atkinson, IL 61235-7762 $35,000 Dec 2025 No data
514 Spg, Atkinson, IL 61235-7780 $2,000,000 Aug 2023 12,880 SF
505 State, Atkinson, IL 61235-7763 $38,000 Feb 2021 No data
408 State, Atkinson, IL 61235-7761 $13,000 Sep 2020 4,312 SF
503 State, Atkinson, IL 61235 $8,700 Feb 2020 No data
Atkinson, IL 61235 $2,600,000 Jun 2019 No data
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
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