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Property profile & analytics
OFF-MARKET
Commercial real estate
1231 Northern Ave Taylorville, IL 62568-9514
Entity Owned
2-yr Hold
Property ID
US28-4688636
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Construction
FRAME
Total area
728 SF
Lot
1.85 ac (80,586 SF)
Zoning code
C-1 & C-2
APN
17-13-16-400-012-00
UPID
US28-4688636
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
Wmsm LLC · 2 yrs held
Wmsm LLC
since 2023
5 recorded transactions
Zoning & alternative use
C-1 & C-2 · Taylorville, 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 Taylorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taylorville 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
$21,148
Tax year 2023
Assessed value
$260,759
Assessed 2023
Previous assessed
$275,441
-5.3% YoY
Effective rate
8.11%
On assessed value
Assessed land
$53,754
Assessed improvement
$207,005
Land market value
$161,262
Improvement market value
$621,015
Total market value
$782,277
Applied tax rate
541.0000
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
1920
Construction
FRAME
Cooling
YES
Stories
2
Total area
728 SF
Lot
1.85 ac (80,586 SF)
Zoning code
C-1 & C-2
APN
17-13-16-400-012-00
UPID
US28-4688636
Jurisdiction
CHRISTIAN
Zoning & alternative use
C-1 & C-2 · Taylorville, IL
Zoning C-1 & C-2 · permitted uses
C-1 & C-2 · Taylorville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taylorville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Cooling
Yes
Stories
2
Lot
1.85 ac
Current owner
From public records · entity-resolved
Wmsm LLC
Entity
Mailing address
5457 OLD JACKSONVILLE RD, SPRINGFIELD, IL 62711-6144
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
—
Ridge Investment Group LLC
—
Deed
related
$263,200 · Sullivan Bank
Oct 27, 2023
—
Wmsm LLC
Wilma M Stuller Motes Trust
Trustees Deed
related
—
Jun 3, 2021
—
Wilma M Stullermotes
—
Deed
related
$2,600,000 · Security Bank
Mar 5, 2019
—
Wilam M Stuller T
—
Deed
related
$2,300,000 · Security Bank
Jul 20, 2018
—
Wilma M Stuller Motes
Lorene L Bilyeu
Deed
$625,530 · Security 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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