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Financial
Distress signals
Property profile

221 Mitchell St Braceville, IL 60407

OFF-MARKET
Other commercial real estate
Property ID
US28-0106232
1,680 SF 0.17 ac lot Built 1906
Last sale Nov 2005 · $100,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A vintage brick building that formerly served as Braceville City Hall, containing approximately 1,600 square feet of interior space and situated on a 0.17-acre lot. The property is located within a rural community setting and is served by flexible C3 zoning. The structure retains original historic character associated with its former municipal use, which supports renovation, restoration, or adaptive reuse. Potential configurations and uses may include residential conversion, office use,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$17k
Assessed land$2k
Assessed improvement$15k
Effective rate8.23%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$265k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$64 – $251
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionGRUNDY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.4
Electrical Service8.9
Auto Parts Store8.8

Location

221 Mitchell St Braceville, IL 60407-9107
County assessor Recorded deeds · 2 transfers 4 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
103 State Rte 53, Braceville, IL 60407-9749 $300,000 May 2025 3,579 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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