Property profile

1500 State Hwy 121 Sullivan, IL 61951

OFF-MARKET
Commercial real estate
Property ID
US28-4342490
9,600 SF 6.24 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 9,600 SF
Lot 6.24 ac (271,814 SF)
APN 09-09-22-000-104
UPID US28-4342490

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1500 State Hwy 121 Sullivan, IL 61951-6804
Sullivan metro Census 976900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2021
Last sale
$325,000
4 recorded transactions
2025
Price N/A
2021
$325,000
2012
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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