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Property profile & analytics
OFF-MARKET
Commercial real estate
120 Washington St, Millstadt, IL 62260-1156
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1264735
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
WOOD
Total area
3,600 SF
Lot
0.27 ac (11,761 SF)
APN
12-09-0-406-021
UPID
US28-1264735
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
-
Millstadt Pharmacy Pharmacy
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
W4 Properties LLC · 2 yrs held
W4 Properties LLC
since 2023
Last sale
$350,000
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 Millstadt submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millstadt 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
$8,085
Tax year 2023
Assessed value
$106,362
Assessed 2023
Previous assessed
$106,362
+0.0% YoY
Effective rate
7.60%
On assessed value
Assessed land
$20,075
Assessed improvement
$86,287
Land market value
$60,225
Improvement market value
$258,861
Total market value
$319,086
Applied tax rate
22,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1989
Construction
WOOD
Heating
NONE
Total area
3,600 SF
Lot
0.27 ac (11,761 SF)
APN
12-09-0-406-021
UPID
US28-1264735
Jurisdiction
ST CLAIR
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
1989
Construction
WOOD
Heating
NONE
Lot
0.27 ac
Current owner
From public records · entity-resolved
W4 Properties LLC
Entity
Mailing address
405 W ELM ST, OKAWVILLE, IL 62271-1707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$350,000
W4 Properties LLC
Todd M Evers
Deed
$564,000 · First Fsb Of Mascoutah
Oct 31, 2019
—
Evers,todd M Living Trust
—
Deed
related
$930,000 · First Fsb/mascoutah
Sep 20, 2019
—
Evers,todd M Living Trust
—
Deed
related
$251,559 · First Nat'l Bk
Jun 3, 2019
—
Evers,todd M Living Trust
—
Deed
related
$142,740 · First Nat'l Bk/staunton
Feb 12, 2019
—
Evers,todd M Living Trust
—
Deed
related
$153,376 · First Nat'l Bk
Oct 15, 2018
—
Evers,todd M Living Trust
—
Deed
related
$161,210 · First Nat'l Bk/staunton
May 15, 2018
—
Todd,m Evers Rev Living Trust
—
Deed
related
$174,074 · First Nat'l Bk/stratton
Mar 8, 2007
$325,000
Evers,todd M Living Trust
Millstadt Pharmacy INC
Warranty Deed
$408,000 · First National Bank Staunton
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$256,370 · First Nat'l Bk
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$153,376 · First Nat'l Bk
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$142,740 · First Nat'l Bk/staunton
—
—
Evers,todd M Living Trust
—
Deed Of Trust
related
$930,000 · First Fsb/mascoutah
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$134,650 · First Nat'l Bk
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$251,559 · First Nat'l Bk
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$314,615 · First National Bank Staunton
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$342,857 · First Nat'l Bk/staunton
—
—
Evers,todd M Living Trust
—
Loan Modification
related
$161,210 · First Nat'l Bk/staunton
—
—
Todd,m Evers Rev Living Trust
—
Loan Modification
related
$174,074 · First Nat'l Bk/stratton
—
—
Evers Todd M Trust
—
Deed Of Trust
related
$429,981 · First National Bank Staunton
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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