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Property profile & analytics
OFF-MARKET
Office Spaces
1113 Ct St Pekin, IL 61554-4921
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0557247
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1897
Total area
1,588 SF
Lot
0.15 ac (6,534 SF)
APN
04-10-02-206-020
UPID
US28-0557247
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
-
Terri Bednar Alternative Medicine Practice
-
Bednar Chiropractic Alternative Medicine Practice
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
City Of Pekin · 2 yrs held
City Of Pekin
since 2024
Last sale
$1,350
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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
$2,414
Tax year 2023
Assessed value
$26,350
Assessed 2023
Previous assessed
$26,350
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$8,450
Assessed improvement
$17,900
Land market value
$25,350
Improvement market value
$53,700
Total market value
$79,050
Applied tax rate
4,014.0000
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
Off-Market
Year built
1897
Heating
NONE
Stories
2
Total area
1,588 SF
Lot
0.15 ac (6,534 SF)
APN
04-10-02-206-020
UPID
US28-0557247
Jurisdiction
TAZEWELL
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
1897
Heating
NONE
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
City Of Pekin
Entity
Mailing address
111 S CAPITOL ST, PEKIN, IL 61554-4188
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
$1,350
City Of Pekin
Kevin Bednar
Warranty Deed
—
Oct 25, 2017
—
Kevin J Bednar
—
Deed
related
$108,000 · Bank Of Yates Cty
Dec 18, 2012
$42,000
Kevin Bednar
Herget Bank National Association
Warranty Deed
$50,150 · Bank Of Yates City
Oct 14, 2010
—
Bk NA Herget
Sheriff Of Tazewell County
Trustees Deed
related
—
Dec 30, 2005
$78,000
Diana I Miller
Clifton,robert B JR
Warranty Deed
related
$53,500 · Herget Bank NA
Mar 1, 2001
—
Robert B Clifton
Urban,rudolph J
Grant Deed
related
$40,000 · Pekin Savings Sb
Dec 18, 1998
$35,000
Rudolph J Urban
Berrard,keith V
Grant Deed
related
$28,000 · First State Bank Pekin
Jan 31, 1997
—
Keith V Berrard
Berrard,shirley B
Quit Claim Deed
related
$57,543 · Morton Community Bank
—
—
Kevin J Bednar
—
Loan Modification
related
$50,150 · Bank Of Yates Cty
—
—
Kevin J Bednar
—
Deed Of Trust
related
$92,000 · Bank Of Yates Cty
—
—
Kevin J Bednar
—
Loan Modification
related
$50,150 · Bank Of Yates City
—
—
Robert B Clifton
—
Deed Of Trust
related
$61,500 · Ameriquest Mortgage Corp
—
—
Kevin J Bednar
—
Deed Of Trust
related
$108,000 · Bank Of Yates Cty
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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