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Property profile & analytics
OFF-MARKET
Industrial land
1300 2nd St, Pekin, IL 61554-5402
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-2245223
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
11.5 ac (500,940 SF)
APN
04-10-03-100-005
UPID
US28-2245223
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
-
Alto Pekin, LLC Industrial Manufacturer Production Facility
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
City Of Pekin · 6 yrs held
City Of Pekin
since 2019
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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
$17,626
Tax year 2023
Assessed value
$192,390
Assessed 2023
Previous assessed
$192,390
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$192,390
Land market value
$577,170
Total market value
$577,170
Applied tax rate
4,030.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
11.5 ac (500,940 SF)
APN
04-10-03-100-005
UPID
US28-2245223
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
Heating
NONE
Lot
11.5 ac
Current owner
From public records · entity-resolved
City Of Pekin
Entity
Mailing address
400 CAPITOL MALL STE #2060, SACRAMENTO, CA 95814-4436
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
—
City Of Pekin
Pacific Ethanol Pekin LLC
Warranty Deed
—
Oct 9, 2014
—
Aventine Renewable Energy INC
—
Grant Deed
related
$40,000,000 · Alostar Bk/commerce
Jan 2, 2013
—
Aventine Renewable Energy INC
—
Deed Of Trust
related
$225,000,000 · Citibank NA
Apr 18, 2011
—
Aventine Renewable Energy INC
—
Deed Of Trust
related
$30,000,000 · Pnc Bank
Aug 25, 2010
—
Aventine Renewable Energy INC
—
Deed Of Trust
related
$219,522,270 · Wilmington Trust Fsb
Dec 30, 1998
—
Williams Ethanos Svcs INC
Pekin Energy Co
Grant Deed
related
—
—
—
Pacific Ethanol Pekin LLC
—
Loan Modification
related
—
—
—
Pacific Ethanol Pekin LLC
—
Loan Modification
related
—
—
—
Pacific Ethanol Pekin LLC
—
Loan Modification
related
—
—
—
Aventine Renewable Energy INC
—
Deed Of Trust
related
$160,000,000 · Wells Fargo Bank
—
—
Williams Ethanol Services INC
—
Deed Of Trust
related
$60,000,000 · Jp Morgan Chase Bank Trustee
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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