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Property profile & analytics
OFF-MARKET
Office Spaces
200 Pearl St, Tremont, IL 61568-8107
Individually Owned
2-yr Hold
Free & Clear
Property ID
US28-1247602
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1964
Total area
1,005 SF
Lot
0.1 ac (4,356 SF)
APN
12-12-18-324-001
UPID
US28-1247602
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
-
Tremont Oil Company Gas Station
-
Keller Williams Premier Realty - Max Schneider, Realtor ️ Real Estate Agency
-
Brad Barnard, Realtor, Keller Williams Premier Realty Real Estate Agency
-
Schneider Home Group Real Estate Agency
-
Hermann Insurance Insurance Agency
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 · 2 yrs held
People Of The State Of Illinois
since 2024
Last sale
$1,475
4 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 Tremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tremont 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
$4,471
Tax year 2023
Assessed value
$57,140
Assessed 2023
Previous assessed
$57,140
+0.0% YoY
Effective rate
7.82%
On assessed value
Assessed land
$2,880
Assessed improvement
$54,260
Land market value
$8,640
Improvement market value
$162,780
Total market value
$171,420
Applied tax rate
12,006.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1964
Heating
NONE
Stories
1
Total area
1,005 SF
Lot
0.1 ac (4,356 SF)
APN
12-12-18-324-001
UPID
US28-1247602
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
1964
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
People Of The State Of Illinois
Individual
Free & Clear · 2 yrs held
Mailing address
401 MAIN ST, PEORIA, IL 61602-1267
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$1,475
People Of The State Of Illinois
John D Baer
Warranty Deed
—
Dec 13, 2017
$180,000
John D Baer
Gary Hermann
Deed
$116,498 · First National Bank Tremont
May 25, 2017
—
Tremont Oil Co
—
Deed
related
$195,780 · Gibson Donald L Living Tr (pt)
Jun 26, 2014
—
John D Baer
Hermann,gary D & Carlie
Grant Deed
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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