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Property profile & analytics
OFF-MARKET
Commercial real estate
209 Corning Ave, Peotone, IL 60468-9267
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5703328
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.44 ac (19,166 SF)
APN
17-20-24-224-003
UPID
US28-5703328
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
-
SmartLift® USA Factory Production Facility
-
Great Lakes Lifting Solutions Construction Company General Contractor
-
ALTA-PARTS DISTRIBUTION CENTER Corporate Office
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
Glls Holdings LLC · 1 yrs held
Glls Holdings LLC
since 2024
Last sale
$120,500
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 Peotone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peotone 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
$8,386
Tax year 2023
Assessed value
$129,069
Assessed 2023
Previous assessed
$129,069
+0.0% YoY
Effective rate
6.50%
On assessed value
Assessed land
$22,723
Assessed improvement
$106,346
Land market value
$68,169
Improvement market value
$319,038
Total market value
$387,207
Applied tax rate
1,713.0000
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
Heating
NONE
Lot
0.44 ac (19,166 SF)
APN
17-20-24-224-003
UPID
US28-5703328
Jurisdiction
WILL
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
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
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
Glls Holdings LLC
Entity
Mailing address
209 E CORNING AVE, PEOTONE, IL 60468-9267
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 16, 2024
—
Glls Holdings LLC
Billy D Brooks
Quit Claim Deed
related
—
Aug 29, 2024
$120,500
Billy D Brooks
Frank A Nielsen
Warranty Deed
—
Jul 26, 2019
$205,000
Billy D Brooks
First Midwest Bank
Deed
$164,000 · Lincolnway Community Bank
Jan 10, 2007
$360,000
Trust 8327
Collins L D SR & B N Trust
Grant Deed
$414,000 · First Community Bank
Jun 21, 2001
—
Collins Trust
Peotone Machine Co
Grant Deed
related
—
—
—
Trust 8327
—
Deed Of Trust
related
$46,000 · First Community Bank
—
—
Trust 8327
—
Deed Of Trust
related
$202,000 · Small Business Growth Corp
—
—
Trust 8327
—
Deed Of Trust
related
$242,500 · First Community Bank
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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