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Property profile & analytics
OFF-MARKET
Commercial real estate
115 Main St, Hoffman, IL 62250
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-3184288
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Construction
MIXED
Total area
6,272 SF
Lot
0.55 ac (23,958 SF)
Zoning code
51
APN
14-13-12-351-003
UPID
US28-3184288
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
Lake Township · 1 yrs held
Lake Township
since 2024
Last sale
$35,000
3 recorded transactions
Zoning & alternative use
51 · Hoffman, IL
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 Hoffman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoffman 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 2022Property tax & assessments
Tax year 2022
Tax billed
$421
Tax year 2022
Assessed value
$6,410
Assessed 2022
Previous assessed
$6,160
+4.1% YoY
Effective rate
6.57%
On assessed value
Assessed land
$4,150
Assessed improvement
$2,260
Land market value
$12,450
Improvement market value
$6,780
Total market value
$19,230
Applied tax rate
14,001.0000
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
1900
Construction
MIXED
Heating
NONE
Total area
6,272 SF
Lot
0.55 ac (23,958 SF)
Zoning code
51
APN
14-13-12-351-003
UPID
US28-3184288
Jurisdiction
CLINTON
Zoning & alternative use
51 · Hoffman, IL
Zoning 51 · permitted uses
51 · Hoffman, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hoffman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MIXED
Heating
NONE
Lot
0.55 ac
Current owner
From public records · entity-resolved
Lake Township
Individual
Free & Clear · 1 yrs held
Mailing address
11261 RICHWOOD SCHOOL RD, LEBANON, IL 62254-2005
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
$35,000
Lake Township
Mark K Snyder
Warranty Deed
—
Apr 10, 2008
—
Mark K Snyder
Snyder,suzan P
Quit Claim Deed
related
—
—
—
Mark Snyder
—
Deed Of Trust
related
$63,200 · Farmers State Bank Of Hoffman
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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