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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Residential income homes
1614 Pkwy Dr, Pekin, IL 61554-1979
Entity Owned
4-yr Hold
Property ID
US28-5704400
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1977
Total area
7,930 SF
Lot
1.6 ac (69,696 SF)
APN
04-04-25-302-025
UPID
US28-5704400
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
$745k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$870k
Blend (final)
Blend
$775k
Owner & transaction history
Copper Valley Properties LLC · 4 yrs held
Copper Valley Properties LLC
since 2021
Last sale
$775,000
5 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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
$690,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Dec 30 2021)
Last sale anchor
$775k
Dec 30 2021
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
$98 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,272
Tax year 2023
Assessed value
$254,020
Assessed 2023
Previous assessed
$254,020
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$24,250
Assessed improvement
$229,770
Land market value
$72,750
Improvement market value
$689,310
Total market value
$762,060
Applied tax rate
4,014.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1977
Heating
NONE
Stories
3
Units
4
Total area
7,930 SF
Lot
1.6 ac (69,696 SF)
APN
04-04-25-302-025
UPID
US28-5704400
Jurisdiction
TAZEWELL
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
Year built
1977
Heating
NONE
Stories
3
Units
4
Lot
1.6 ac
Current owner
From public records · entity-resolved
Copper Valley Properties LLC
Entity
Mailing address
PO BOX 302, GREEN VALLEY, IL 61534-0302
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$775,000
Copper Valley Properties LLC
Roland G Farrow
Warranty Deed
$620,000 · Morton Community Bank
May 15, 2017
—
Roland G Farrow
—
Grant Deed
related
$1,098,000 · First Pekin Svgs Bk
Jun 3, 2011
$612,000
Roland G Farrow
Holzwarth,charles H & Linda J
Warranty Deed
$615,000 · Citizens Equity First Cu
Sep 22, 2004
$635,000
Charles H Holzwarth
Connor,ronald E & Barbara F
Warranty Deed
$520,000 · Heartland Bank
—
—
Roland G Farrow
—
Deed Of Trust
related
$575,520 · Morton Cmnty Bk
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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