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Property profile & analytics
OFF-MARKET
Estimated value
$360,000
Grocery and convenience stores
1401 Broadway St Pekin, IL 61554-3878
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0196038
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Total area
2,880 SF
Lot
0.72 ac (31,363 SF)
APN
04-04-35-455-004
UPID
US28-0196038
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
-
Phillips 66 Gas Station
-
Pekin Gas Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$360k
Owner & transaction history
Kaizen Food And Gas LLC · 4 yrs held
Kaizen Food And Gas LLC
since 2022
Last sale
$500,000
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
Method
Estimation
Statistic approach
$360,000
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$360k
Range $324k – $396k · ±10% · vs last sale $500k (Feb 24 2022)
Last sale anchor
$500k
Feb 24 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
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
$19,755
Tax year 2023
Assessed value
$215,630
Assessed 2023
Previous assessed
$215,630
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$39,410
Assessed improvement
$176,220
Land market value
$118,230
Improvement market value
$528,660
Total market value
$646,890
Applied tax rate
4,031.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
2,880 SF
Lot
0.72 ac (31,363 SF)
APN
04-04-35-455-004
UPID
US28-0196038
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
1990
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Kaizen Food And Gas LLC
Entity
Mailing address
1401 BROADWAY ST, PEKIN, IL 61554-3878
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
Kaizen Food And Gas LLC
—
Deed
related
$120,000 · Morton Community Bank
Feb 24, 2022
$500,000
Kaizen Food And Gas LLC
River City Gas LLC
Warranty Deed
$347,000 · Morton Community Bank
Sep 11, 2018
—
River City Gas LLC
—
Deed
related
$711,920 · Heartland Bk
Jun 26, 2007
$120,000
Pekin R/e LLC Of Chicago Il
Pek Farm LLC
Warranty Deed
—
Jun 26, 2007
$1,600,000
River City Gas LLC
Pekin Real Estate LLC
Warranty Deed
$1,410,000 · Bankplus
Jun 16, 2006
$425,000
Pek Farm LLC
Three Martin Properties LLC
Grant Deed
$2,362,500 · Mutual Bank
—
—
River City Gas LLC
—
Loan Modification
related
$879,000 · Heartland Bk
—
—
River City Gas LLC
—
Loan Modification
related
$711,920 · Heartland Bk
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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