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Property profile & analytics
OFF-MARKET
Assisted living facilities
2400 8th St, Pekin, IL 61554-1547
Individually Owned
8-yr Hold
Free & Clear
Property ID
US28-2163216
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Total area
8,796 SF
Lot
1.1 ac (47,916 SF)
APN
04-04-23-300-008
UPID
US28-2163216
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
Current use
Occupant on record · Public records
-
Adult and Teen Challenge of the Greater Midwest Medical Clinic
-
Lake Manor Daycare Daycare Center Foster Care Service
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
Teen Challenge Illinois · 8 yrs held
Teen Challenge Illinois
since 2017
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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
Applied tax rate
4,032.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
8,796 SF
Lot
1.1 ac (47,916 SF)
APN
04-04-23-300-008
UPID
US28-2163216
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
Year built
1974
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Teen Challenge Illinois
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 620, CARLINVILLE, IL 62626-0620
Ownership since
2017
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
Jul 14, 2017
$125,000
Teen Challenge Illinois
Busey Bk
Grant Deed
—
Mar 16, 2017
—
Busey Bk
Sheriff Of Tazewell County|alear & Jdiola Ptshp
Trustees Deed
related
—
Dec 18, 2006
$1,200,000
Alear & Jdiola Partnership
Pekin Spur Ridge INC
Warranty Deed
$648,000 · Herget Bank NA
Aug 9, 2005
—
Pekin Spur Ridge INC
Real Estate Mtg & Finl Corp
Quit Claim Deed
related
—
Jul 25, 2005
$1,076,472
Real Estate Mtg & Finl Corp
Regan,shirley A Coc
Trustees Deed
related
—
Oct 26, 2004
$685,000
Shirley A Regan
Frantz,peggy A
Warranty Deed
$960,000 · Real Estate Mtg & Fin'l Corp
—
—
Peggy A Frantz
—
Deed Of Trust
related
$175,000 · Heritage Bank Central Illinois
—
—
Peggy A Frantz
—
Deed Of Trust
related
$250,000 · Pekin Savings 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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