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Property profile & analytics
OFF-MARKET
Commercial real estate
117 Hanover St, New Baden, IL 62265-1809
Individually Owned
2-yr Hold
Free & Clear
Property ID
US28-5855240
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
WOOD
Total area
5,150 SF
Lot
0.24 ac (10,498 SF)
Zoning code
51
APN
11-10-18-175-014
UPID
US28-5855240
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
Brant J Kehler · 2 yrs held
Brant J Kehler
since 2024
Last sale
$85,000
7 recorded transactions
Zoning & alternative use
51 · New Baden, 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 New Baden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Baden 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
$5,354
Tax year 2022
Assessed value
$69,890
Assessed 2022
Previous assessed
$69,890
+0.0% YoY
Effective rate
7.66%
On assessed value
Assessed land
$15,290
Assessed improvement
$54,600
Land market value
$45,870
Improvement market value
$163,800
Total market value
$209,670
Applied tax rate
11,002.0000
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
Year built
1950
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
2
Total area
5,150 SF
Lot
0.24 ac (10,498 SF)
Zoning code
51
APN
11-10-18-175-014
UPID
US28-5855240
Jurisdiction
CLINTON
Zoning & alternative use
51 · New Baden, IL
Zoning 51 · permitted uses
51 · New Baden, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Baden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Brant J Kehler
Individual
Free & Clear · 2 yrs held
Mailing address
2202 BASE RD, NEW BADEN, IL 62265-3802
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
—
Brant J Kehler
Brant J Kehrer
Quit Claim Deed
related
—
Apr 17, 2019
—
Brant J Kehrer
—
Deed
related
$386,000 · Fcb Bk
Jan 10, 2018
$85,000
Brant J Kehrer
Fcb Banks
Grant Deed
—
Oct 16, 2007
—
Ktb Dev Co
Edgington,shirley E
Warranty Deed
$93,343 · First County Bank
—
—
Brant J Kehrer
—
Deed Of Trust
related
$386,000 · Fcb Bk
—
—
Ktb Dev Co
—
Deed Of Trust
related
$123,000 · First County Bank
—
—
Ktb Dev INC
—
Deed Of Trust
related
$169,000 · First County Bank
—
—
Ktb Dev Co
—
Deed Of Trust
related
$165,922 · First County Bank
—
—
Darin L Zurliene
—
Deed Of Trust
related
$169,000 · First County Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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