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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Commercial real estate
1922 Henderson St, Galesburg, IL 61401-1325
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-2858172
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
99-04-276-018
UPID
US28-2858172
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
-
Taco John's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Brew Horizons LLC · 1 yrs held
Brew Horizons LLC
since 2025
Last sale
$850,000
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 Galesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galesburg 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
$22,333
Tax year 2023
Assessed value
$235,300
Assessed 2023
Previous assessed
$235,300
+0.0% YoY
Effective rate
9.49%
On assessed value
Assessed land
$65,030
Assessed improvement
$170,270
Land market value
$195,090
Improvement market value
$510,810
Total market value
$705,900
Applied tax rate
36.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
APN
99-04-276-018
UPID
US28-2858172
Jurisdiction
KNOX
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
Current owner
From public records · entity-resolved
Brew Horizons LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 2081, FAIRFIELD, IA 52556-0035
Ownership since
2025
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
Jun 30, 2025
$850,000
Brew Horizons LLC
Galesburg Mexican
Warranty Deed
—
Oct 23, 2015
$650,000
Galesburg Mexican INC
Sun Garden Place LLC Galesburg
Warranty Deed
$880,000 · Libertyville Bank & Trust Co
Aug 7, 2015
$500,000
Sun Garden Place LLC
Patton,michael J T & Margarita R
Warranty Deed
$425,000 · Midwest Bk/western Il
Aug 24, 2012
—
Patton,michael J T & Margarita R
—
Grant Deed
related
$3,000,000 · Midwest Bk/western Il
Jun 4, 2008
—
Patton,michael J T & Margarita R
Patton,michael J T
Quit Claim Deed
related
—
Feb 8, 2008
$412,000
Patton,michael J T
Victoria Land Partners
Grant Deed
—
Dec 1, 2004
—
Patton,michael J T & Margarita R
Owner Name Unavailable
Grant Deed
related
—
—
—
Patton,michael J T & Margarita R
—
Loan Modification
related
—
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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