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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Turn key restaurants
1703 Neil St, Champaign, IL 61820-7213
Entity Owned
3-yr Hold
Free & Clear
Property ID
US28-5320652
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
1.19 ac (51,836 SF)
APN
452024201021
UPID
US28-5320652
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
-
Smitty’s Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Squirrels Real Estate LLC · 3 yrs held
Squirrels Real Estate LLC
since 2022
Last sale
$1.6M
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 Champaign submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Champaign 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
$1,645,000
ML approach
$1,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.60M (Sep 15 2022)
Last sale anchor
$1.60M
Sep 15 2022
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
—
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
$21,539
Tax year 2023
Assessed value
$238,850
Assessed 2023
Previous assessed
$448,800
-46.8% YoY
Effective rate
9.02%
On assessed value
Assessed land
$238,850
Land market value
$716,550
Total market value
$716,550
Applied tax rate
4,502.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
1.19 ac (51,836 SF)
APN
452024201021
UPID
US28-5320652
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
1.19 ac
Current owner
From public records · entity-resolved
Squirrels Real Estate LLC
Entity
Free & Clear · 3 yrs held
Mailing address
203 S 1ST ST, LUFKIN, TX 75901-3825
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
—
Squirrels Real Estate LLC
—
Deed
related
$4,250,000 · Midwest Regional Bank
Sep 15, 2022
$1,600,000
Squirrels Real Estate LLC
1703 Neil LLC
Special Warranty Deed
—
Apr 15, 2020
—
2202 North Market LLC
—
Deed
related
$2,240,000 · Bankchampaign
Oct 2, 2019
—
2202 North Market LLC
—
Grant Deed
related
$2,240,000 · Bankchampaign
Aug 6, 2018
$1,675,000
1703 Neil LLC
Csc Holdings LLC
Warranty Deed
—
Jun 20, 2008
$1,466,000
Re No One LLC
Mjkl Ents Midwest LLC
Grant Deed
—
May 27, 2008
$912,500
Mjkl Ents Midwest LLC
Hardees Food Systems INC
Grant Deed
—
Apr 20, 2001
—
Hardees Foos Systems INC
—
Deed Of Trust
related
$220,000,000 · Bnp Paribas Trustee
—
—
2202 North Market LLC
—
Loan Modification
related
$2,240,000 · Bankchampaign
—
—
Csc Holdings LLC
—
Deed Of Trust
related
$840,000 · Zions First National Bank
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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