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Property profile & analytics
OFF-MARKET
Commercial real estate
226 Main St, Monmouth, IL 61462-2160
Individually Owned
~
Est. High Equity
Property ID
US28-4308176
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.06 ac (2,772 SF)
APN
09-205-257-00
UPID
US28-4308176
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
Alejandro Hernandez Fernandez
Alejandro Hernandez Fernandez
since 2025
Last sale
$180,000
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 Monmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,578
Tax year 2022
Assessed value
$25,140
Assessed 2022
Previous assessed
$24,720
+1.7% YoY
Effective rate
10.25%
On assessed value
Assessed land
$1,760
Assessed improvement
$23,380
Land market value
$5,280
Improvement market value
$70,140
Total market value
$75,420
Applied tax rate
9,901.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
0.06 ac (2,772 SF)
APN
09-205-257-00
UPID
US28-4308176
Jurisdiction
WARREN
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
Lot
0.06 ac
Current owner
From public records · entity-resolved
Alejandro Hernandez Fernandez
Individual
Mailing address
1000 W EUCLID AVE, MONMOUTH, IL 61462-1029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
$180,000
Alejandro Hernandez Fernandez
D & S Critser Property Management L
Warranty Deed
$190,000 · Security Savings Bank
Mar 15, 2023
$138,000
D&s Cruitser Property Management Ll
Michael G Sheid
Warranty Deed
$110,400 · Security Savings Bank
Nov 9, 2020
—
Michael G Sheid
—
Deed
related
$130,799 · Midwest Bank
Dec 4, 2019
$75,000
Michael G Sheid
Midwest Bank
Special Warranty Deed
$130,000 · Midwest Bank
Mar 7, 2017
—
Frantz Investments LLC
—
Deed
related
$979,255 · Midwest Bank
Jan 13, 2017
—
Frantz Investments LLC
—
Deed
related
$979,255 · Midwest Bank
Feb 9, 2016
—
Frantz Investments LLC
Frantz Community Investors LLC
Quit Claim Deed
related
—
Dec 31, 2012
$85,000
Frantz Hobart Management Services
Midwest Bank Of Western Illinois
Corporation Deed
—
Sep 13, 2012
—
Midwest Bank Of Western Illinois
Jane S Bogart
Deed In Lieu Of Foreclosure
related
—
Nov 5, 2010
$70,000
Jane S Bogart
Thomas Scudder
Warranty Deed
$72,000 · Midwest Bank Of Western Illinois
Dec 21, 2007
$91,000
Thomas Scudder
Cory E Storm
Warranty Deed
$69,000 · Midwest Bank Of Western Illinois
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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