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Property profile & analytics
OFF-MARKET
Commercial real estate
2 Broadway Trenton, IL 62293-1302
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-1117464
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
5,487 SF
Lot
0.11 ac (4,792 SF)
Zoning code
51
APN
05-05-20-172-002
UPID
US28-1117464
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rutz Real Estate LLC · 2 yrs held
Rutz Real Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
51 · Trenton, 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 Trenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trenton 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,626
Tax year 2022
Assessed value
$79,710
Assessed 2022
Previous assessed
$79,710
+0.0% YoY
Effective rate
7.06%
On assessed value
Assessed land
$8,730
Assessed improvement
$70,980
Land market value
$26,190
Improvement market value
$212,940
Total market value
$239,130
Applied tax rate
5,027.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
NONE
Total area
5,487 SF
Lot
0.11 ac (4,792 SF)
Zoning code
51
APN
05-05-20-172-002
UPID
US28-1117464
Jurisdiction
CLINTON
Zoning & alternative use
51 · Trenton, IL
Zoning 51 · permitted uses
51 · Trenton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Rutz Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
28 WILLOW CRK DR, HIGHLAND, IL 62249-2611
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
—
Rutz Real Estate LLC
—
Deed
related
$176,000 · Community Bank Trenton
Apr 8, 2024
—
Crew Corp
—
Deed
related
$1,275,000 · First Fsb
Feb 13, 2024
—
Rutz Real Estate LLC
Dvr Holdings LLC
Quit Claim Deed
related
—
Jan 30, 2024
$226,000
Crew Corp
Equity Success INC
Warranty Deed
—
Aug 25, 2022
—
Dvr Holdings LLC
Dwight D Rutz
Quit Claim Deed
related
—
Dec 21, 2018
—
Rutz,dwight D Living Trust
—
Deed
related
$295,000 · Community Bk/trenton
Nov 16, 2017
—
Rutz,dwight D Living Trust
—
Deed
related
$275,000 · Community Bk/trenton
Jun 28, 2017
—
Equity Success INC
—
Deed
related
$160,000 · First Fsb Of Mascoutah
Nov 18, 2014
—
Rutz,dwight D Living Trust
Rutz,dwight D
Quit Claim Deed
related
—
—
—
Dwight D Rutz
—
Deed Of Trust
related
$280,242 · Community Bank Trenton
—
—
Rutz,dwight D Living Trust
—
Deed Of Trust
related
$295,000 · Community Bk/trenton
—
—
Dwight D Rutz
—
Deed Of Trust
related
$50,457 · Community Bk/trenton
—
—
Dwight D Rutz
—
Deed Of Trust
related
$223,225 · Community Bank Trenton
—
—
Dwight D Rutz
—
Loan Modification
related
$147,027 · Community Bk/trenton
—
—
Rutz,dwight D Living Trust
—
Deed Of Trust
related
$275,000 · Community Bk/trenton
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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