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Property profile & analytics
OFF-MARKET
Commercial real estate
110 Olson St Bishop Hill, IL 61419-9004
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-2870397
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1907
Construction
FRAME
Total area
1,498 SF
Lot
0.38 ac (16,553 SF)
APN
23-14-407-001
UPID
US28-2870397
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
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
Aaron Chase · 1 yrs held
Aaron Chase
since 2024
Last sale
$220,000
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 Bishop Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bishop Hill 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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,683
Tax year 2021
Assessed value
$39,000
Assessed 2023
Previous assessed
$39,000
+0.0% YoY
Effective rate
6.88%
On assessed value
Assessed land
$1,778
Assessed improvement
$37,222
Land market value
$5,334
Improvement market value
$111,666
Total market value
$117,000
Applied tax rate
230,004.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Year built
1907
Construction
FRAME
Heating
GAS
Stories
2
Total area
1,498 SF
Lot
0.38 ac (16,553 SF)
APN
23-14-407-001
UPID
US28-2870397
Jurisdiction
HENRY
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
Year built
1907
Construction
FRAME
Heating
GAS
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Aaron Chase
Individual
Mailing address
110 N OLSON ST, BISHOP HILL, IL 61419-9004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
$220,000
Aaron Chase
Kimberly Sue Thrush
Warranty Deed
$170,000 · Greenstate Cu
Sep 13, 2019
—
Brian Keith Ellis
—
Deed
related
$108,187 · Princeville State Bank
Jun 28, 2019
—
Brian Ellis
—
Deed
related
$17,999 · Community St Bk
Aug 27, 2018
—
Brian Ellis
—
Deed
related
$10,000 · Community St Bk
Feb 20, 2018
—
Brian Ellis
—
Deed
related
$89,796 · Community St Bk/st Charles
Sep 5, 2017
—
Brian Ellis
—
Trustees Deed
related
$10,000 · Community St Bk
May 30, 2013
—
Brian Ellis
—
Trustees Deed
related
$25,000 · Community State Bank
Feb 19, 2013
$110,000
Brian K Ellis
Central Bk Of Il
Grant Deed
$101,528 · Community State Bank
Jun 21, 2012
—
Central Bk Of Il
Sheriff Of Henry County
Trustees Deed
related
—
—
—
Brian K Ellis
—
Deed Of Trust
related
$108,187 · Princeville St Bk
—
—
Brian Ellis
—
Loan Modification
related
$17,999 · Community St Bk
—
—
Ellis,brian
—
Deed Of Trust
related
$29,588 · Community St Bk
—
—
Brian Ellis
—
Loan Modification
related
$89,796 · Community St Bk/st Charles
—
—
Brian Ellis
—
Loan Modification
related
$10,000 · Community St Bk
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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