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Financial
Distress signals
Property profile

16 Wesley Ave Mount Morris, IL 61054

OFF-MARKET
Other office properties
Property ID
US28-0287321
Last sale Aug 2026 · $350,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A historic three-story office building with approximately 17,500 square feet of office space arranged around a common interior corridor for multi-tenant use. The building has central air conditioning, private and public restroom facilities, and is pre-wired for PC network connectivity. A basement level provides additional storage. Separate utilities are available for different occupants, and the property includes off-street parking for 50+ vehicles. It is situated on a corner lot in the central business district near Ogle County’s town square within a park-like setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$57k
Assessed land$24k
Assessed improvement$33k
Effective rate3.54%

Value estimate

· Oct 2026
$95k
$86k – $105k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$29 – $124

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOGLE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.1
Law Firm10.5
Building Supply9.9

Location

16 Wesley Ave Mount Morris, IL 61054-1449
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 5 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Wesley, Mount Morris, IL 61054-1454 $15,000 Mar 2020 1,920 SF
124 Wesley, Mount Morris, IL 61054-1451 $45,000 Dec 2018 2,988 SF
111 Hitt, Mount Morris, IL 61054-1225 $30,000 Dec 2018 4,128 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
5 properties of the same type nearby
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