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Property profile & analytics
OFF-MARKET
Commercial land
143 State St, Wood River, IL 62095-1000
Entity Owned
Absentee Owner
Free & Clear
Property ID
US28-0106993
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.72 ac (31,363 SF)
APN
19-1-08-26-02-201-023
UPID
US28-0106993
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
Indian Creek Earthworks LLC
Indian Creek Earthworks LLC
since 2025
Last sale
$350,000
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 Wood River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wood River 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
$28
Tax year 2023
Assessed value
$420
Assessed 2023
Previous assessed
$420
+0.0% YoY
Effective rate
6.67%
On assessed value
Assessed land
$420
Land market value
$1,260
Total market value
$1,260
Applied tax rate
157.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.72 ac (31,363 SF)
APN
19-1-08-26-02-201-023
UPID
US28-0106993
Jurisdiction
MADISON
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
0.72 ac
Current owner
From public records · entity-resolved
Indian Creek Earthworks LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1870 E EDWARDSVILLE RD, WOOD RIVER, IL 62095-2273
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$900,000
Indian Creek Earthworks LLC
Moreland Properties LLC
Deed
—
May 14, 2025
—
Madison County Mass Transit Distric
Barn LLC
Special Warranty Deed
—
Jul 8, 2024
—
Hesse Trust
Jay A Hesse
Warranty Deed
—
Oct 13, 2022
$4,750,000
Dream Real Estate 1825 E LLC
Auto Properties LLC
Warranty Deed
$5,000,000 · Live Oak Banking Co
Jun 6, 2022
$350,000
Midwest Petroleum Co
Theodore L Prehn
Warranty Deed
—
Jun 11, 2019
—
Jack Schmitt Chevrolet Of Wood
—
Deed
related
$1,000,000 · First Mid Bk&tr NA
May 8, 2018
$150,000
Barn LLC
Kamadulski Crays Fischer Dev L
Warranty Deed
$150,000 · Bank Of Springfield
Apr 17, 2018
—
Jack Schmitt Chevrolet Of Wood
—
Deed
related
$1,000,000 · First Mid Il Bk&tr
May 30, 2017
—
Jack S Chevrolet Of Wood River
—
Trustees Deed
related
$1,000,000 · First Mid Il Bk&tr
May 4, 2017
—
Auto Properties LLC
—
Grant Deed
related
$2,300,000 · First Mid Il Bk&tr
Aug 11, 2016
—
Auto Properties LLC
—
Deed
related
—
Aug 2, 2016
—
Crown Auto Properties LLC
—
Deed
related
$2,000,000 · First Clover Leaf Bank
Dec 21, 2006
$500,000
Ytb International INC
Wood River Dev Corp
Grant Deed
—
Aug 9, 2006
—
Jds Madison County Dev LLC
P S Properties LLC
Warranty Deed
—
Jul 26, 2004
—
Ps Properties Dev LLC
—
Trustees Deed
related
$783,000 · Centrue Bank
Oct 22, 2003
$630,000
Ps Properties Development LLC
Union Planters Bank NA Ttee
Grant Deed
$567,000 · State Bank Of Aviston
—
—
Jack Schmitt Chevrolet Of Wood
—
Loan Modification
related
$1,000,000 · First Mid Bk&tr NA
—
—
Jack Schmitt Chevrolet Of Wood
—
Loan Modification
related
$1,000,000 · First Mid Il Bk&tr
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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