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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial real estate
104 Tomaras Ave, Savoy, IL 61874-9816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0502548
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
32036176012
UPID
US28-0502548
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
-
Marble's Catering Take-out & Catering Catering Service
-
Pan & Cake Catering Co. Take-out & Catering Catering Service
-
Flowers By Kristine (Bike/Boat/Book/etc) Store Florist
-
Chikondi Craft Chocolate Food Processing Plant
-
Pan and Cake Catering Company Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Michaels Catering LLC · 1 yrs held
Michaels Catering LLC
since 2025
Last sale
$773,500
7 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 Savoy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savoy 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
$735,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $774k (Jan 31 2025)
Last sale anchor
$774k
Jan 31 2025
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
—
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
$10,488
Tax year 2023
Assessed value
$137,980
Assessed 2023
Previous assessed
$128,710
+7.2% YoY
Effective rate
7.60%
On assessed value
Assessed land
$53,850
Assessed improvement
$84,130
Land market value
$161,550
Improvement market value
$252,390
Total market value
$413,940
Applied tax rate
309.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
APN
32036176012
UPID
US28-0502548
Jurisdiction
CHAMPAIGN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Michaels Catering LLC
Entity
Mailing address
2303 REBECCA DR, CHAMPAIGN, IL 61821-6235
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$773,500
Michaels Catering LLC
Cook Ventures LLC
Warranty Deed
$940,000 · Busey Bank
Sep 9, 2021
$600,000
Cook Ventures LLC
2 Coins LLC
Warranty Deed
$600,000 · Inb National Association
Nov 30, 2018
—
2 Coins LLC
—
Deed
related
$770,000 · First State Bank
Apr 24, 2017
—
2 Coins
—
Deed
related
$365,000 · First State Bank
Aug 12, 2013
—
2 Coins LLC
Coyne,richard T & Frances L
Warranty Deed
related
—
Mar 5, 2013
—
Richard T Coyne
—
Trustees Deed
related
$50,000 · First State Bank
Nov 2, 2012
$340,000
Richard T Coyne
First Bk Of Savoy
Grant Deed
$168,248 · First State Bank
May 1, 2012
—
First Bk Of Savoy
Kelly,carol L
Quit Claim Deed
related
—
Oct 3, 2003
$42,000
Signature Construction INC
Prairie Fields LP
Grant Deed
$171,985 · Heartland Bank & Trust Co
Sep 17, 2002
$499,500
Carol L Kelly
First National Bank Ogden
Grant Deed
$469,500 · First National Bank Ogden
Jul 10, 2002
—
First National Bank Ogden
Brown,gordon L & Laura L
Quit Claim Deed
related
—
Apr 22, 1999
—
Gordon L Brown
—
Grant Deed
related
$40,000 · First National Bank Ogden
Jul 2, 1998
$93,500
Gordon L Brown
Logue,james K & Jobyna S
Grant Deed
$350,000 · First National Bank Ogden
Sep 30, 1996
$69,000
James K Logue
John Kenny Homes INC
Grant Deed
—
—
—
Mark C Lavizzo
—
Deed Of Trust
related
$32,200 · Cendant Mortgage Corp
—
—
Richard T Coyne
—
Deed Of Trust
related
$103,752 · First State Bank
—
—
2 Coins LLC
—
Deed Of Trust
related
$214,808 · First State Bank
—
—
2 Coins LLC
—
Deed Of Trust
related
$150,639 · First State Bank
—
—
Gordon L Brown
—
Deed Of Trust
related
$50,000 · First National Bank Ogden
—
—
Gordon L Brown
—
Deed Of Trust
related
$389,500 · First National Bank Ogden
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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