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Property profile & analytics
OFF-MARKET
Commercial real estate
1515 Walnut St Jacksonville, IL 62650-1150
Trust Owned
Free & Clear
Property ID
US28-3560254
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.46 ac (20,038 SF)
APN
09-18-301-018
UPID
US28-3560254
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
-
Kevin Stachnik Alternative Medicine Practice
-
Loveland William G Foster Care Service Social Service Agency
-
Passavant Physician Association: Tennill William R Family Counselor
-
A Better Way Health & Wellness Wellness Program
-
Emerge MediSpa & Wellness Center Spa & Massage Center Alternative Medicine Practice
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
Heartland Bank And Trust Company
Heartland Bank And Trust Company
since 2026
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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,414
Tax year 2022
Assessed value
$98,810
Assessed 2023
Previous assessed
$98,810
+0.0% YoY
Effective rate
9.53%
On assessed value
Assessed land
$18,510
Assessed improvement
$80,300
Land market value
$55,530
Improvement market value
$240,900
Total market value
$296,430
Applied tax rate
12,003.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
0.46 ac (20,038 SF)
APN
09-18-301-018
UPID
US28-3560254
Jurisdiction
MORGAN
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
Lot
0.46 ac
Current owner
From public records · entity-resolved
Heartland Bank And Trust Company
Trust
Free & Clear · 0 yrs held
Mailing address
PO BOX 1476, TACOMA, WA 98401-1476
Ownership since
2026
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
Jan 14, 2026
—
Heartland Bank And Trust Company
Crimson Holdings 1515 LLC
Quitclaim Deed
related
—
Oct 16, 2025
—
Casey Properties LLC
—
Deed
related
$145,000 · Farmers State Bank
Sep 2, 2025
—
Casey Properties LLC
Memorial Health System
Special Warranty Deed
—
Jan 23, 2025
—
Casey Properties LLC
James M Casey
Deed
related
—
Dec 11, 2024
$42,500
Casey Properties LLC
Sgro Enterprises LLC
Warranty Deed
$34,000 · Bank Of Springfield
Jan 17, 2023
$70,000
Crimson Holdings 1515 LLC
Prairie Cardiovascular Consultants
Warranty Deed
$56,000 · Town And Country Bank
Jul 21, 2022
—
Memorial Health System
Passavant Memorial Area Hospital As
Quitclaim Deed
related
—
May 9, 2022
—
Ann Groesch Lu
Luann Groesch
Deed
related
—
Apr 4, 2022
$130,000
D&j Mining LLC
Groesch Properties LLC
Warranty Deed
$110,500 · Town And Country Bank
Mar 31, 2022
$119,900
Aring Enterprises LLC
Eldon G Barrowes
Warranty Deed
$95,920 · Petefish Skiles & Co
Feb 28, 2020
$65,000
Janak Raj LLC
Patricia A Kant
Warranty Deed
—
Dec 3, 2019
$175,000
James M Casey
Sandra K Hannant
Deed
$145,000 · Farmers State Bank
Sep 3, 2019
$10,000
Crest Realty Of Jacksonville LLC
Allen G Gerberding
Warranty Deed
—
Jun 19, 2018
—
Patricia A Kant
Sarah Kant
Deed
related
—
Jun 12, 2017
$199,900
Raymond L Talkington
Accordant Investments LLC
Warranty Deed
$159,900 · Prairie State Bank & Trust
Mar 24, 2017
$155,000
Praire Cardiovascular Consultants L
Madhusudan Vallala
Warranty Deed
—
Aug 8, 2016
—
Ronald R Lynch
Ronald R Lynch
Deed
related
—
Jul 7, 2016
—
Genesis Kc Development LLC
Dva Renal Healthcare INC
Special Warranty Deed
—
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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