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Property profile & analytics
OFF-MARKET
Bars & Pubs
200 Derby St Pekin, IL 61554-5504
Individually Owned
1-yr Hold
Free & Clear
Property ID
US28-5787208
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1920
Total area
3,034 SF
Lot
0.15 ac (6,534 SF)
APN
04-10-03-310-001
UPID
US28-5787208
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
-
Friends Tap Bar & Pub
-
Hoppers Bar & Pub
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
People Of The State Of Illinois · 1 yrs held
People Of The State Of Illinois
since 2025
Last sale
$1,000
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 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
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
$3,098
Tax year 2023
Assessed value
$33,810
Assessed 2023
Previous assessed
$33,810
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$5,080
Assessed improvement
$28,730
Land market value
$15,240
Improvement market value
$86,190
Total market value
$101,430
Applied tax rate
4,031.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1920
Heating
NONE
Stories
1
Total area
3,034 SF
Lot
0.15 ac (6,534 SF)
APN
04-10-03-310-001
UPID
US28-5787208
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
1920
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
People Of The State Of Illinois
Individual
Free & Clear · 1 yrs held
Mailing address
2828 DEVERON CIR, PEKIN, IL 61554-8326
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
$1,000
People Of The State Of Illinois
Julie A Cook
Warranty Deed
—
Jul 13, 2023
$29,000
Julie A Cook
Citizens Equity First Credit Union
Quit Claim Deed
related
—
Jul 7, 2020
—
Citizens Equity First Cu
Sheriff Of Tazewell County|schreiter,terri D
Foreclosure
related
—
Oct 18, 2011
$160,000
Terri Schreiter
Danny C Randleman
Warranty Deed
$160,000 · Heritage Bank Of Central Illinois
Nov 29, 2006
$98,500
Danny C Randleman
Joe Abraham & Sons Amusements
Warranty Deed
—
Aug 2, 1999
$60,000
Jesse E Lairson
Kinder,florence
Grant Deed
—
—
—
Terri D Schreiter
—
Deed Of Trust
related
$160,000 · Citizens Equity First Cu
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.
Try Rey
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