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Property profile & analytics
OFF-MARKET
Commercial real estate
105 Market St, Sidell, IL 61876-1089
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US28-3410831
Property summary
AI-generated overview
This 1,800-square-foot commercial property in Sidell, Illinois, presents a unique investment opportunity. Located at 105 Market St, in Vermilion County, zip code 61876 (39.9107668, -87.8220262), this single-story building, constructed in 2018, sits on a 5,433-square-foot lot and is zoned COMM. The property features an open floor plan, a private storage area, and two bathrooms. Ample parking is available at both the front and rear of the building, offering potential for expansion or the addition of another structure. Currently operating as a successful small business offering food, ice cream, coffee, and retail items, this versatile space is ideal for a variety of uses, including office space, retail, or a restaurant. The asking price is $114,792, translating to $63.77 per square foot. The property includes 1,800 square feet of air rights. This is a for-sale-by-owner opportunity.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.11 ac (5,000 SF)
APN
31-22-304-053
UPID
US28-3410831
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
-
Miss Daisy's Restaurant
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
Christine Richardson · 8 yrs held
Christine Richardson
since 2018
3 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 Sidell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sidell 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
$1,172
Tax year 2023
Assessed value
$12,991
Assessed 2023
Previous assessed
$11,850
+9.6% YoY
Effective rate
9.02%
On assessed value
Assessed land
$1,208
Assessed improvement
$11,783
Land market value
$3,624
Improvement market value
$35,349
Total market value
$38,973
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
Lot
0.11 ac (5,000 SF)
APN
31-22-304-053
UPID
US28-3410831
Jurisdiction
VERMILION
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
Lot
0.11 ac
Current owner
From public records · entity-resolved
Christine Richardson
Individual
Mailing address
PO BOX 101, ALLERTON, IL 61810-0101
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2019
—
Christine Richardson
—
Deed
related
$72,800 · Prospect Bank
Sep 5, 2018
—
Christine M Richardson
—
Deed
related
$41,149 · Prospect Bank
Apr 11, 2018
$3,000
Christine Richardson
James Patton
Quit Claim Deed
related
—
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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