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Property profile & analytics
FOR SALE
Office Spaces
1034 W Jackson St, Macomb, IL 61455
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-4150078
For Sale
$199,000
1034 W Jackson St, Macomb, IL 61455
View Listing →
Property summary
AI-generated overview
This exceptional 3,994 square foot single-story commercial building is ideally situated at 1034 W Jackson Street in Macomb, Illinois. Boasting a prime location in a high-traffic area, this property offers unparalleled visibility and accessibility for any business. The building sits on a 0.44-acre lot, providing a generous parking area for employees and clients, a significant advantage in a busy commercial district. The interior layout is spacious and adaptable, making it suitable for a variety of commercial uses. The current business occupying the space is relocating within the Macomb community
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
APN
11-100-811-00
UPID
US28-4150078
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
-
Regional Media Radio Station Telecommunications Service
-
Regional Media Digital Services - Macomb, IL Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fletcher Real Estate LLC · 1 yrs held
Fletcher Real Estate LLC
since 2025
Last sale
$185,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Macomb submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macomb 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$7,591
Tax year 2023
Assessed value
$61,670
Assessed 2023
Previous assessed
$61,670
+0.0% YoY
Effective rate
12.31%
On assessed value
Assessed land
$10,760
Assessed improvement
$50,910
Land market value
$32,280
Improvement market value
$152,730
Total market value
$185,010
Applied tax rate
11,001.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
APN
11-100-811-00
UPID
US28-4150078
Jurisdiction
MCDONOUGH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Fletcher Real Estate LLC
Entity
Free & Clear · 1 yrs held
Mailing address
307 DOLAN DR, BLUE GRASS, IA 52726-9620
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
—
Fletcher Real Estate LLC
Virden Broadcasting Corp
Quitclaim Deed
related
—
Oct 5, 2023
—
Virden Broadcasting Corp
Fletcher Real Estate LLC
Quit Claim Deed
related
$212,628 · Blue Grass Savings Bank
Apr 19, 2023
—
Virden Broadcasting Corp
Fletcher Real Estate LLC
Quit Claim Deed
related
$212,628 · Blue Grass Savings Bank
Apr 17, 2017
$185,000
Fletcher Real Estate LLC
Macomb Real Estate Holdings LLC
Warranty Deed
$148,000 · Blue Grass Savings Bank
Sep 8, 2011
—
Ncf Reo I LLC
Rick Vanbrooker
Sheriffs Deed
related
—
May 6, 2009
$2,917,000
Traid Equity Group LLC
Traid Investment INC
Corporation 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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