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Property profile & analytics
OFF-MARKET
Commercial real estate
208 Main St, Glen Carbon, IL 62034-1105
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-1019422
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
2,400 SF
Lot
0.42 ac (18,295 SF)
APN
14-2-15-33-18-301-015
UPID
US28-1019422
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
-
Mt Everest Air Heating & Air Conditioning HVAC Service General Contractor
-
DMAK'S HVAC HVAC Service General Contractor
-
Vinnie Mac Restoration Marketing Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Madison County Termite and Pest Control Garden Center
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
West Glen Properties LLC · 2 yrs held
West Glen Properties LLC
since 2024
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 Glen Carbon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Carbon 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
$3,353
Tax year 2022
Assessed value
$45,330
Assessed 2022
Previous assessed
$45,330
+0.0% YoY
Effective rate
7.40%
On assessed value
Assessed land
$7,460
Assessed improvement
$37,870
Land market value
$22,402
Improvement market value
$113,724
Total market value
$136,126
Applied tax rate
105.0000
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
Year built
1990
Heating
NONE
Total area
2,400 SF
Lot
0.42 ac (18,295 SF)
APN
14-2-15-33-18-301-015
UPID
US28-1019422
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
1990
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
West Glen Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
329 W UN ST, EDWARDSVILLE, IL 62025-1547
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
—
West Glen Properties LLC
Christina Beard
Special Warranty Deed
—
Mar 16, 2023
$300,000
Christina Beard
C & J Properties Of Madison County
Warranty Deed
—
Apr 1, 2021
$250,000
C & J Properties Of Madison County
Christopher Boyer
Warranty Deed
$200,000 · St Louis Bank
Sep 18, 2017
—
Christopher A Boyer
—
Deed
related
$58,345 · Bank Of Springfield
May 27, 2016
$224,000
Christopher Boyer
Gamblin,jeffrey E
Warranty Deed
$179,200 · Bank Of Springfield
Jul 7, 2008
—
Jeffrey E Gamblin
Gamblin,jeffrey E
Quit Claim Deed
related
—
—
—
Jeffrey E Gamblin
—
Deed Of Trust
related
$38,504 · First Collinsville Bank
—
—
Christopher A Boyer
—
Deed Of Trust
related
$58,345 · Bank Of Springfield
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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