Financial
Distress signals
Property profile

122 Main St Colfax, IL 61728

OFF-MARKET
Other commercial real estate
Property ID
US28-1161110
2,528 SF Built 1899
Last sale Dec 2023 · $3,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of four individually offered commercial land lots at 122 E Main Street in Colfax, Illinois. The lots are described as being located within a centralized, established business area and are stated to be within a Tax Increment Financing (TIF) district. Public remarks indicate that public utilities are available to the parcels, supporting early site development planning. Under the COMMR zoning designation, the sites are described as suitable for a range of commercial uses,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$286
Tax billed · 2023
Assessed value$3k
Assessed land$694
Assessed improvement$2k
Effective rate9.35%

Value estimate

· Sep 2026
$90k
$81k – $99k
AI approach$75k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 507 recorded sales of this use type
Observed band · Q1–Q3$46 – $143
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMCLEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.8
Storage Facility8.4
Bakery8.3

Location

122 Main St Colfax, IL 61728
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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