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Property profile & analytics
OFF-MARKET
Office buildings
220 State Rte 121, Mt Zion, IL 62549-1511
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-3593911
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Lot
0.63 ac (27,443 SF)
Zoning code
MUNICIPAL
APN
12-17-03-353-031
UPID
US28-3593911
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
W A Holdings LLC · 3 yrs held
W A Holdings LLC
since 2023
Last sale
$113,000
5 recorded transactions
Zoning & alternative use
MUNICIPAL · Mt Zion, IL
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 Mt Zion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mt Zion 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
$2,975
Tax year 2023
Assessed value
$36,432
Assessed 2023
Previous assessed
$34,556
+5.4% YoY
Effective rate
8.17%
On assessed value
Assessed land
$11,794
Assessed improvement
$24,638
Land market value
$35,386
Improvement market value
$73,921
Total market value
$109,307
Applied tax rate
12,288.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Lot
0.63 ac (27,443 SF)
Zoning code
MUNICIPAL
APN
12-17-03-353-031
UPID
US28-3593911
Jurisdiction
MACON
Zoning & alternative use
MUNICIPAL · Mt Zion, IL
Zoning MUNICIPAL · permitted uses
MUNICIPAL · Mt Zion, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mt Zion. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Lot
0.63 ac
Current owner
From public records · entity-resolved
W A Holdings LLC
Entity
Mailing address
208 SUGAR LN, MAHOMET, IL 61853-2819
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2023
—
W A Holdingd LLC
—
Deed
related
$90,180 · First Mid Illinois Bk & Tr NA
Mar 2, 2023
$113,000
W A Holdings LLC
J&l Real Properties LLC Route 121 S
Warranty Deed
—
Apr 13, 2017
—
J And L Real Properties LLC
J And L Real Properties
Intrafamily Transfer
related
—
Feb 25, 2013
—
Eades Properties LLC
William Eades
Quit Claim Deed
related
$300,000 · Prairie State Bank & Trust
Sep 6, 2011
$100,000
William Eades
Mark Jackson
Warranty Deed
$22,754 · Mark Jackson Etal
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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