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Property profile & analytics
OFF-MARKET
Office Spaces
2021 Johnson Rd, Granite City, IL 62040-3957
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-1179996
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Total area
4,350 SF
Lot
0.57 ac (24,829 SF)
APN
22-1-20-08-16-401-023
UPID
US28-1179996
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
Billiken One LLC · 2 yrs held
Billiken One LLC
since 2023
Last sale
$199,000
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 Granite City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granite City 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
$5,928
Tax year 2022
Assessed value
$59,270
Assessed 2022
Previous assessed
$59,270
+0.0% YoY
Effective rate
10.00%
On assessed value
Assessed land
$21,130
Assessed improvement
$38,140
Land market value
$63,453
Improvement market value
$114,535
Total market value
$177,988
Applied tax rate
195.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1988
Heating
NONE
Total area
4,350 SF
Lot
0.57 ac (24,829 SF)
APN
22-1-20-08-16-401-023
UPID
US28-1179996
Jurisdiction
MADISON
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
1988
Heating
NONE
Lot
0.57 ac
Current owner
From public records · entity-resolved
Billiken One LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2021 JOHNSON RD, GRANITE CITY, IL 62040-3957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$199,000
Billiken One LLC
923 Locust LLC
Special Warranty Deed
—
Jan 8, 2020
$150,000
923 Locust LLC
Dmb Resources INC
Grant Deed
—
Feb 13, 2015
$120,000
Dmb Resources INC
Goshen Real Estate LLC-i
Grant Deed
—
Jul 31, 2012
$150,000
Johnson Business Center LLC
Bank Of Edwardsville
Grant Deed
—
Oct 18, 2011
—
Bank Of Edwardsville
Wallace,joseph C
Quit Claim Deed
related
—
Jun 29, 2006
$1,200,000
Joseph C Wallace
Winfield Construction
Warranty Deed
$945,000 · Meridian Bank
May 11, 1998
$295,500
Clay Winfield
Wilkins,george T & Francis D
Grant Deed
$665,000 · Bank Of Edwardsville
—
—
Joseph C Wallace
—
Deed Of Trust
related
$939,069 · Bank Of Edwardsville
—
—
Joseph C Wallace
—
Deed Of Trust
related
$949,327 · Bank Of Edwardsville
—
—
Johnson Road Busn Center LLC
—
Deed Of Trust
related
$125,000 · Bank Of Edwardsville
—
—
Johnson Road Busn Center LLC
—
Deed Of Trust
related
$25,000 · Bank Of Edwardsville
—
—
Clay O Winfield
—
Deed Of Trust
related
$655,000 · Associated Bank Illinois NA
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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