Financial
Distress signals
Property profile

209 W South St Plano, IL 60545

FOR SALE
Other commercial real estate
Property ID
US28-0181245
3,486 SF 0.34 ac lot Built 1956
Last sale Dec 2005 · $255,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a fully built-out restaurant facility with approximately 3,600 square feet of interior dining and service space, situated on a corner with high visibility. The layout includes a custom-designed bar with seating for 10 guests and provides seating for up to 120 guests, supporting on-site dining as well as events and private parties. It has a commercial kitchen with installed high-end equipment, ample preparation space, and an efficient back-of-house workflow. Separate staff areas…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$87k
Assessed land$26k
Assessed improvement$62k
Effective rate8.99%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$265k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 2.65% cap applied$15k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$54 – $118
Qualifying comparables22

Cap rate analysis

How does the asset earn?
2.65%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKENDALL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.5
Dental Office9.3
HVAC Service9.1

Location

209 W South St Plano, IL 60545
County assessor Recorded deeds · 2 transfers 22 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11000 Us Hwy 34th 2nd, Plano, IL 60545-9826 $175,000 Aug 2024 2,964 SF
6200 Lakeside, Plano, IL 60545-9400 $452,500 Jun 2024 3,572 SF
Plano, IL 60545 $65,000 May 2024 2,974 SF
14 Main, Plano, IL 60545-1428 $130,000 Aug 2023 2,784 SF
719 Us Hwy 34, Plano, IL 60545-1787 $300,000 May 2023 3,472 SF
11000 Us Hwy 34th 6th, Plano, IL 60545-9829 $130,000 Mar 2023 2,770 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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