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Property profile & analytics
OFF-MARKET
Retail space
122 Main St Washington, IL 61571-2550
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5916397
Property summary
AI-generated overview
This exceptional 3,861 square foot commercial property at 122 N Main Street in Washington, IL, presents a unique investment opportunity. Originally a bowling alley, this building boasts a rich history and retains many of its original features, including the remarkably well-preserved bowling alley floor and an original fire door. Currently operating as a spirit wear store, the property's adaptability makes it suitable for a wide range of commercial uses. The building features two separate 200-amp electrical services, ensuring ample power for any business. Heating is provided by two furnaces
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Total area
4,080 SF
Lot
0.09 ac (3,840 SF)
APN
02-02-23-207-016
UPID
US28-5916397
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
Curiousnomad LLC · 1 yrs held
Curiousnomad LLC
since 2025
5 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 Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington 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
$4,379
Tax year 2023
Assessed value
$51,220
Assessed 2023
Previous assessed
$51,220
+0.0% YoY
Effective rate
8.55%
On assessed value
Assessed land
$15,500
Assessed improvement
$35,720
Land market value
$46,500
Improvement market value
$107,160
Total market value
$153,660
Applied tax rate
2,038.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Heating
NONE
Stories
1
Total area
4,080 SF
Lot
0.09 ac (3,840 SF)
APN
02-02-23-207-016
UPID
US28-5916397
Jurisdiction
TAZEWELL
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
1939
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Curiousnomad LLC
Entity
Mailing address
122 N MAIN ST, WASHINGTON, IL 61571-2550
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$200,000
Curiousnomad LLC
Reynolds & Lucas
Warranty Deed
$222,750 · Morton Community Bank
Mar 25, 2019
—
Reynolds & Lucas LLC
—
Deed
related
$233,304 · Ipava State Bank
Jun 2, 2016
—
Reynolds & Lucas LLC
—
Deed
related
$220,000 · Ipava State Bank
Jun 4, 2007
$155,000
Reynolds & Lucas LLC
Brunk,william E & Joann
Warranty Deed
$131,750 · Heartland Bank
—
—
Reynolds & Lucas LLC
—
Deed Of Trust
related
$117,374 · Heartland 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.
Try Rey
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