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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Commercial real estate
219 221st W State St, Geneva, IL 60134
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1759380
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1922
Total area
4,324 SF
Lot
0.11 ac (4,784 SF)
APN
12-03-411-012
UPID
US28-1759380
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
$1.10M
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$1.10M
Owner & transaction history
Mns Investments LLC · 1 yrs held
Mns Investments LLC
since 2024
Last sale
$1.1M
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 Geneva submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Geneva 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
Method
Estimation
Statistic approach
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Dec 19 2024)
Last sale anchor
$1.10M
Dec 19 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$254 / SF
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
$17,891
Tax year 2022
Assessed value
$205,875
Assessed 2022
Previous assessed
$198,223
+3.9% YoY
Effective rate
8.69%
On assessed value
Assessed land
$29,802
Assessed improvement
$176,073
Land market value
$89,406
Improvement market value
$528,219
Total market value
$617,625
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
1922
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,324 SF
Lot
0.11 ac (4,784 SF)
APN
12-03-411-012
UPID
US28-1759380
Jurisdiction
KANE
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
Year built
1922
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Mns Investments LLC
Entity
Mailing address
909 EMERALD DR, NAPERVILLE, IL 60540-7213
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
Dec 19, 2024
$1,100,000
Mns Investments LLC
Naryan LLC
Warranty Deed
—
Nov 29, 2022
$925,000
Naryan LLC
Dabrisa LLC
Warranty Deed
$555,000 · Itasca Bank & Trust Co
Jul 3, 2019
—
Dabrisa LLC
—
Deed
related
$586,500 · Old Second Nat'l Bk
Mar 23, 2006
$850,000
Dabrisa LLC
Dunn,philip J
Grant Deed
$700,000 · Old Second National Bank
Jan 22, 2003
—
Philip J Dunn
Us Bank NA Trustee
Grant Deed
related
—
—
—
Dabrisa LLC
—
Loan Modification
related
$586,500 · Old Second Nat'l Bk
—
—
Firstar Bank Illinois Trustee
—
Deed Of Trust
related
$162,000 · Merchants National Bank Aurora
—
—
Dunn,tr
—
Deed Of Trust
related
$162,000 · Fifth Third Bank Chicago
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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