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Property profile & analytics
OFF-MARKET
Commercial land
219 3rd St, Hopedale, IL 61747-7507
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2731130
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.33 ac (14,200 SF)
APN
18-18-26-112-005
UPID
US28-2731130
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
Hopedale Medical Foundation · 23 yrs held
Hopedale Medical Foundation
since 2002
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 Hopedale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopedale 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
$766
Tax year 2023
Assessed value
$8,980
Assessed 2023
Previous assessed
$8,980
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$8,980
Land market value
$26,940
Total market value
$26,940
Applied tax rate
18,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.33 ac (14,200 SF)
APN
18-18-26-112-005
UPID
US28-2731130
Jurisdiction
TAZEWELL
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
0.33 ac
Current owner
From public records · entity-resolved
Hopedale Medical Foundation
Individual
Mailing address
107 TREMONT ST, HOPEDALE, IL 61747-7525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2017
—
Hopedale Medical Foundation
—
Grant Deed
related
$36,700,000 · Heartland Bk
Oct 15, 2012
—
Hopedale Medical Foundation
—
Deed Of Trust
related
$13,900,000 · Heartland Bank
Sep 24, 2009
—
Hopedale Medical Foundation
—
Grant Deed
related
$5,582,500 · Morton Community Bank
Sep 12, 2002
—
Hopedale Medical Foundation
First Security Bank
Grant Deed
$73,287 · First Security Bank
Dec 7, 2001
—
First Security Bank Mackinaw
Austin,laurence M & Carlene R
Grant Deed
related
—
Apr 30, 1998
$55,000
Larry M Austin
Hughes,rebecca
Grant Deed
$85,000 · First Security Bank
Feb 26, 1997
$8,000
Rebecca Hughes
Hancock,everett & Marjorie E
Grant Deed
$45,000 · Morton Community Bank
—
—
Laurence M Austin
—
Deed Of Trust
related
$36,000 · First Security Bank
—
—
Laurence M Austin
—
Deed Of Trust
related
$99,331 · First Security 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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