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Property profile & analytics
OFF-MARKET
Commercial real estate
1568 Grv Ave, Rantoul, IL 61866-2736
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0027520
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3.55 ac (154,638 SF)
APN
200901126001
UPID
US28-0027520
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
-
Ruger’s Bowling Alley
-
Country Tyme Lanes Hotel & Motel Resort
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
Sandpiper Holdings LLC · 1 yrs held
Sandpiper Holdings LLC
since 2024
Last sale
$170,000
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 Rantoul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rantoul 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
$6,043
Tax year 2023
Assessed value
$60,000
Assessed 2023
Previous assessed
$173,720
-65.5% YoY
Effective rate
10.07%
On assessed value
Assessed land
$55,000
Assessed improvement
$5,000
Land market value
$165,000
Improvement market value
$15,000
Total market value
$180,000
Applied tax rate
2,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
3.55 ac (154,638 SF)
APN
200901126001
UPID
US28-0027520
Jurisdiction
CHAMPAIGN
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
3.55 ac
Current owner
From public records · entity-resolved
Sandpiper Holdings LLC
Entity
Mailing address
1568 E GRV AVE, RANTOUL, IL 61866-2736
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Nov 19, 2025
—
Sandpiper Holdings LLC Rantoul Secu
—
Deed
related
$125,000 · 620 Storage LLC
Mar 6, 2025
—
Sandpiper Holdings LLC
—
Deed
related
$320,000 · Fisher National Bank
Dec 9, 2024
$170,000
Sandpiper Holdings LLC
Aaron R Tuller
Warranty Deed
$1,920,000 · Fisher National Bank
Jan 5, 2023
—
Cindy Tuller
—
Deed
related
$75,000 · Bank Of Rantoul
Nov 16, 2022
$180,000
Aaron R Tuller
Robert B Kelly
Warranty Deed
$225,000 · Bank Of Rantoul
Oct 15, 2018
—
Robert B Kelly
—
Deed
related
$209,955 · Bank Of Rantoul
Jul 5, 2007
$400,000
Robert B Kelly
Runyon D & L Caring Trust
Grant Deed
$300,096 · Bank Of Rantoul
—
—
Robert B Kelly
—
Deed Of Trust
related
$209,955 · Bank Of Rantoul
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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