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Property profile & analytics
OFF-MARKET
Estimated value
$3,385,000
Grocery and convenience stores
1001 Ct St Pekin, IL 61554-4817
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-2145965
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Total area
53,698 SF
Lot
4.79 ac (208,652 SF)
APN
04-10-02-114-001
UPID
US28-2145965
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
Current use
Occupant on record · Public records
-
Primo Water Refill Big Box & Wholesale Store
-
MoneyGram Bank Credit Union
-
Schnucks Pekin Grocery & Convenience Store Food Market
-
Schnucks Pekin Floral (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$3.39M
Owner & transaction history
Realty Income Illinois Properties 4 · 4 yrs held
Realty Income Illinois Properties 4
since 2022
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.6M
+71.4%
Restaurant
$3.8M
+42.8%
Commercial (general)
$3.7M
+38.9%
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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
$2,945,000
ML approach
$3,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,655,000
Current use
AUTO REPAIR, GARAGE
$4,555,000
Change: +71% · Conversion: Difficult
RESTAURANT
$3,795,000
Change: +43% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,690,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$2,580,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.39M
Range $3.05M – $3.72M · ±10% · vs last sale $4.06M (Jan 12 2022)
Last sale anchor
$4.06M
Jan 12 2022
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
$63 / 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
Assessed value
$838,356
Assessed 2023
Previous assessed
$838,356
+0.0% YoY
Assessed land
$244,610
Assessed improvement
$593,746
Land market value
$733,830
Improvement market value
$1,781,238
Total market value
$2,515,068
Applied tax rate
4,021.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
53,698 SF
Lot
4.79 ac (208,652 SF)
APN
04-10-02-114-001
UPID
US28-2145965
Jurisdiction
TAZEWELL
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
RETAIL STORES Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$4.6M
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$2.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
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
1989
Heating
NONE
Stories
1
Lot
4.79 ac
Current owner
From public records · entity-resolved
Realty Income Illinois Properties 4
Entity
Free & Clear · 4 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2022
—
Realty Income Illinois Properties 4
Schnucks Markets INC
Assignment Of Lease (leasehold Sale)
—
Jan 12, 2022
$4,064,520
Relaty Income Illinois Properties 4
Schnuck Markets INC
Special Warranty Deed
—
Dec 31, 2001
$3,393,500
Schnuck Markets INC
Sm Properties Vi LLC
Grant Deed
—
Sep 29, 2000
—
Sm Properties Vi LLC
—
Grant Deed
related
$3,500,000 · Desco Financial LLC
Aug 23, 1999
$3,500,000
S Michigan Avenue Lofts 1515
B & C Shade INC
Grant Deed
—
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.
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