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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Office Spaces
1860 Bell School Rd, Cherry Valley, IL 61016-9372
Entity Owned
14-yr Hold
Free & Clear
Property ID
US28-1809785
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1992
Construction
STEEL FRAME
Total area
8,606 SF
Lot
1 ac (43,560 SF)
Zoning code
CC
APN
12-35-251-008
UPID
US28-1809785
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
-
Petalber Bernadette Physician
-
Drake James DC Alternative Medicine Practice
-
Katie Brauer At Optimum Rehab Rockford Il Alternative Medicine Practice
-
Optimum Rehabilitation Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$945k
Owner & transaction history
Rockford Tri Star LLC · 14 yrs held
Rockford Tri Star LLC
since 2011
7 recorded transactions
Zoning & alternative use
CC · Cherry Valley, IL
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 Cherry Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherry Valley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,285,000
6.5%
$1,190,000
7%
$1,105,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
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
$110 / 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
$18,501
Tax year 2023
Assessed value
$204,339
Assessed 2023
Previous assessed
$182,641
+11.9% YoY
Effective rate
9.05%
On assessed value
Assessed land
$47,342
Assessed improvement
$156,997
Land market value
$142,026
Improvement market value
$470,991
Total market value
$613,017
Applied tax rate
378.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
8,606 SF
Lot
1 ac (43,560 SF)
Zoning code
CC
APN
12-35-251-008
UPID
US28-1809785
Jurisdiction
WINNEBAGO
Zoning & alternative use
CC · Cherry Valley, IL
Zoning CC · permitted uses
CC · Cherry Valley, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cherry Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Rockford Tri Star LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1860 S BELL SCHOOL RD, CHERRY VALLEY, IL 61016-9372
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2011
$333,000
Rockford Tri Star LLC
Associated Bk
Warranty Deed
—
Jul 11, 2011
—
Associated Bk
Delghingaro R J Trust
Grant Deed
related
—
Jun 10, 2011
—
Associated Bk
Delghingaro R J Trust
Grant Deed
related
—
Jan 25, 2010
—
Delghingaro Robert J Trust
—
Trustees Deed
related
$50,000 · Associated Bank
—
—
Rockford Tri Star LLC
—
Deed Of Trust
related
$353,626 · Riverside Community Bank
—
—
Delghingaro Robert J Trust
—
Deed Of Trust
related
$431,794 · Associated Bank
—
—
Rockford Tri Star LLC
—
Deed Of Trust
related
$688,500 · Riverside Community Bank
—
—
Delghingaro Robert J Trust
—
Deed Of Trust
related
$137,367 · National City Bank
—
—
Rockford Tri Star LLC
—
Deed Of Trust
related
$294,000 · Rockford Local Dev Corp
—
—
Rockford Tri Star LLC
—
Deed Of Trust
related
$282,900 · Riverside Community Bank
—
—
Rockford Tri Star LLC
—
Deed Of Trust
related
$688,500 · Riverside Community 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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