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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Commercial real estate
110 Pr St, Marengo, IL 60152-3118
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1575142
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully leased, ten-unit apartment building situated in the heart of downtown Marengo, Illinois. The property boasts a prime location, within easy walking distance of local amenities including restaurants, banks, and bars, ensuring high tenant demand and occupancy. Constructed of durable brick and block, this building requires minimal maintenance, translating to lower operational costs and a hassle-free investment experience. Recent updates have enhanced the property's appeal, contributing to increased rental income. The building's efficient design minimizes utility expenses
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.18 ac (7,852 SF)
APN
11-36-154-007
UPID
US28-1575142
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Rose Property Group Marengo LLC · 1 yrs held
Rose Property Group Marengo LLC
since 2025
Last sale
$640,000
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 Marengo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marengo 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
$600,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $640k (Apr 6 2023)
Last sale anchor
$640k
Apr 6 2023
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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,632
Tax year 2022
Assessed value
$135,077
Assessed 2022
Previous assessed
$135,077
+0.0% YoY
Effective rate
9.35%
On assessed value
Assessed land
$13,539
Assessed improvement
$121,538
Land market value
$40,617
Improvement market value
$364,614
Total market value
$405,231
Applied tax rate
11.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.18 ac (7,852 SF)
APN
11-36-154-007
UPID
US28-1575142
Jurisdiction
MCHENRY
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
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
0.18 ac
Current owner
From public records · entity-resolved
Rose Property Group Marengo LLC
Entity
Mailing address
PO BOX 8281, ALGONQUIN, IL 60102-7966
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
$810,000
Rose Property Group Marengo LLC
Mmm Investment Partners LLC
Warranty Deed
$636,500 · Us Bank NA
Dec 3, 2024
—
Mmm Investment Partners LLC
—
Deed
related
$50,000 · St Charles Bank & Trust Co NA
Apr 6, 2023
$640,000
Mmm Investment Partners LLC
Safal Real Estate INC
Warranty Deed
$512,000 · St Charles Bank & Trust Co NA
Mar 30, 2022
$285,000
Jpg Management LLC
Charles T Stokes
Warranty Deed
—
Aug 24, 2020
—
Safal Real Estate INC
—
Deed
related
$1,060,121 · Byron Bank
Jan 31, 2020
—
Charles T Stokes
—
Deed
related
$18,288 · Prairie Community Bank
Oct 26, 2017
$420,000
Safal Real Estate INC
Chicago Title Land Trust Co
Trustees Deed
related
$336,000 · Prairie Community Bank
Mar 21, 2011
—
Trust 8002356681
Joyce,irene
Quit Claim Deed
related
—
Jan 22, 2002
—
Irene Bajalcaliev
Cosmopolitan Bank & Trust Ttee
Grant Deed
related
—
Dec 17, 1997
$300,000
Cosmopolitan Bank & Tr Ttee
Harris Bank Woodstock Ttee
Grant Deed
related
$225,000 · Selfreilance Ukrainian FCU
—
—
Irene Bajalcaliev
—
Deed Of Trust
related
$250,000 · Selfreliance Ukrainian America
—
—
Irene Bajalcaliev
—
Deed Of Trust
related
$250,000 · Self Reliance Ukrainian FCU
—
—
Irene Bajacaliev
—
Deed Of Trust
related
$20,000 · Plaza Bank NA
—
—
Irene Bajalcaliev
—
Deed Of Trust
related
$17,000 · Self Reliance Ukrainian FCU
—
—
Irene Bajalcaliev
—
Deed Of Trust
related
$208,000 · Self Reliance Ukrainian Americ
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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