Financial
Distress signals
Property profile

1475 B And H Industrial Ct Millstadt, IL 62260

FOR LEASE
Other commercial real estate
Property ID
US28-3496012
30,000 SF 2.89 ac lot Built 1984
Last sale Dec 2021 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This multi-tenant industrial complex comprises 40,800 square feet of total building area within the Millstadt Industrial Park. The space is configured to support multiple tenants, including a primary occupant that occupies 25,800 square feet. The property is situated near major roadway access, located less than one mile from Illinois Route 158 and Illinois Route 163, and approximately five miles from Illinois Route 15.

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?
$11k
Tax billed · 2023
Assessed value$148k
Assessed land$45k
Assessed improvement$103k
Effective rate7.60%

Value estimate

· Sep 2026
$745k
$671k – $820k
AI approach$835k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 385,783.33% cap applied$23k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 536 recorded sales of this use type
Observed band · Q1–Q3$40 – $139
Qualifying comparables3

Cap rate analysis

How does the asset earn?
385,783.33%
$23k 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.

JurisdictionST CLAIR

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 agency20.4
Dental Office14.7
Law Firm14.0

Location

1475 B And H Industrial Ct Millstadt, IL 62260
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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
503 Jefferson, Millstadt, IL 62260-2029 $296,500 May 2025 3,222 SF
500 Illinois, Millstadt, IL 62260-1373 $200,000 Sep 2024 2,960 SF
609 Breese, Millstadt, IL 62260-2003 $390,000 Oct 2023 5,000 SF
120 Washington, Millstadt, IL 62260-1156 $350,000 Oct 2023 3,600 SF
319 Laurel, Millstadt, IL 62260-1417 $60,000 Aug 2022 3,576 SF
119 Madison, Millstadt, IL 62260-1929 $152,000 Oct 2021 2,592 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