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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Commercial real estate
1480 4th St Breese, IL 62230
Individually Owned
3-yr Hold
Free & Clear
Property ID
US28-2542431
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
7,560 SF
Lot
3.15 ac (137,214 SF)
Zoning code
51
APN
06-06-23-101-015
UPID
US28-2542431
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
$606k
Blend (final)
Blend
$615k
Owner & transaction history
Dennis J Henken · 3 yrs held
Dennis J Henken
since 2022
7 recorded transactions
Zoning & alternative use
51 · Breese, 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 Breese submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Breese 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$81 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,927
Tax year 2022
Assessed value
$162,850
Assessed 2022
Previous assessed
$155,100
+5.0% YoY
Effective rate
7.32%
On assessed value
Assessed land
$40,130
Assessed improvement
$122,720
Land market value
$120,390
Improvement market value
$368,160
Total market value
$488,550
Applied tax rate
6,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2004
Heating
NONE
Buildings
4
Total area
7,560 SF
Lot
3.15 ac (137,214 SF)
Zoning code
51
APN
06-06-23-101-015
UPID
US28-2542431
Jurisdiction
CLINTON
Zoning & alternative use
51 · Breese, IL
Zoning 51 · permitted uses
51 · Breese, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Breese. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Buildings
4
Lot
3.15 ac
Current owner
From public records · entity-resolved
Dennis J Henken
Individual
Free & Clear · 3 yrs held
Mailing address
6611 MUNICH RD, BARTELSO, IL 62218-2911
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
—
Dennis J Henken
Dennis J Henken
Intrafamily Transfer
related
—
Nov 15, 2021
—
Dennis J Henken
—
Deed
related
$320,000 · Fcb Banks
Dec 28, 2020
—
Dennis Henken
Dennis Henken
Quit Claim Deed
related
—
May 1, 2019
—
Dennis J Henken Living Trust
—
Deed
related
$225,000 · Fcb Banks
Sep 5, 2017
—
Henken,dennis & Barbara Living Trust
Henken,dennis & Barbara
Quit Claim Deed
related
—
Jun 6, 2017
—
Henken,dennis & B Living Trust
Henken,dennis & Barbara
Quit Claim Deed
related
—
Mar 30, 2017
—
Dennis J Henken
—
Deed
related
$300,000 · First County Bank
—
—
Dennis J Henken
—
Deed Of Trust
related
$90,000 · First Bank
—
—
Dennis J Henken
—
Deed Of Trust
related
$85,000 · First Bank
—
—
Dennis J Henken
—
Deed Of Trust
related
$152,817 · First National Bank
—
—
Dennis J Henken
—
Deed Of Trust
related
$173,000 · National Bank
—
—
Dennis Henken
—
Deed Of Trust
related
$97,875 · Germantown Trust & Sav Bank
—
—
Dennis J Henken
—
Deed Of Trust
related
$80,961 · First 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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