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Property profile & analytics
OFF-MARKET
Commercial real estate
122 Main St Rockton, IL 61072-2417
Entity Owned
3-yr Hold
Free & Clear
Property ID
US28-2137376
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1907
Total area
1,970 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CR - COMM RETAIL
APN
03-24-139-001
UPID
US28-2137376
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
-
Michael Petitt American Family Insurance Insurance Agency
-
Hometown Realtors - Fawn Martin Real Estate Agency
-
Al's Main Street Tap Bar & Pub
-
Hydranautics Water Treatment Plant
-
American Family Insurance Insurance Agency
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
Aap Rockton LLC · 3 yrs held
Aap Rockton LLC
since 2023
7 recorded transactions
Zoning & alternative use
CR - COMM RETAIL · Rockton, 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 Rockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockton 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
$3,477
Tax year 2023
Assessed value
$39,703
Assessed 2023
Previous assessed
$36,272
+9.5% YoY
Effective rate
8.76%
On assessed value
Assessed land
$5,451
Assessed improvement
$34,252
Land market value
$16,353
Improvement market value
$102,756
Total market value
$119,109
Applied tax rate
401.0000
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
1907
Heating
NONE
Stories
1
Total area
1,970 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CR - COMM RETAIL
APN
03-24-139-001
UPID
US28-2137376
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR - COMM RETAIL · Rockton, IL
Zoning CR - COMM RETAIL · permitted uses
CR - COMM RETAIL · Rockton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Aap Rockton LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 282, ROCKTON, IL 61072-0282
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2023
—
Aap Rockton LLC
Village Of Rockton Illinois
Warranty Deed
—
Dec 28, 2018
$122,500
Aap Rockton LLC
Sheets,troy & Vanessa
Warranty Deed
—
Nov 14, 2016
$85,000
Troy Sheets
Raehl,william & Sally
Warranty Deed
—
May 20, 2010
—
Troy Sheets
Raehl,william & Sally
Grant Deed
related
—
Jun 5, 2008
—
William Raehl
Giovingo,rick
Quit Claim Deed
related
—
Jan 17, 2003
$115,000
Kenneth A Hausvick
Kothe,tr
Grant Deed
$96,000 · Stillman Bancorp NA
—
—
William B Raehl
—
Deed Of Trust
related
$27,242 · Bank One Illinois NA
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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