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Property profile & analytics
OFF-MARKET
Office Spaces
2462 Washington Rd, Washington, IL 61571-1756
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-5351086
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1946
Total area
5,745 SF
Lot
0.2 ac (8,712 SF)
APN
02-02-19-303-036
UPID
US28-5351086
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
Steven C Bucher · 5 yrs held
Steven C Bucher
since 2021
Last sale
$199,000
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 Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington 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
$5,829
Tax year 2023
Assessed value
$57,730
Assessed 2023
Previous assessed
$57,730
+0.0% YoY
Effective rate
10.10%
On assessed value
Assessed land
$5,810
Assessed improvement
$51,920
Land market value
$17,430
Improvement market value
$155,760
Total market value
$173,190
Applied tax rate
2,012.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1946
Heating
NONE
Stories
2
Total area
5,745 SF
Lot
0.2 ac (8,712 SF)
APN
02-02-19-303-036
UPID
US28-5351086
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
1946
Heating
NONE
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Steven C Bucher
Individual
Mailing address
2462 WASHINGTON RD, WASHINGTON, IL 61571-1756
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Steven C Bucher
—
Deed
related
$90,000 · Heartland Bank & Trust Co
Jan 28, 2021
—
Steven C Bucher
V And D Properties LLC
Quit Claim Deed
related
$308,000 · Heartland Bank & Trust Co
Jul 9, 2019
—
V & D Properties LLC
—
Deed
related
$213,480 · Heartland Bk
Aug 14, 2015
—
V & D Poroperties LLC
Bucher,steven C
Quit Claim Deed
related
—
Jul 2, 2014
—
Bucher,steven C|anlicker,curt D
Affiliated Dialysis LLC
Quit Claim Deed
related
$255,000 · Heartland Bk
Oct 9, 2013
$199,000
Affiliated Dialysis LLC
Oreilly Carol A Trust
Grant Deed
—
Sep 26, 2008
—
People Of The State Of Il
Jackson,stephen J
Quit Claim Deed
related
—
Sep 26, 2008
$650
People Of The State Of Il
Oreilly Carol A Trust
Grant Deed
related
—
—
—
Oreilly Trust
—
Deed Of Trust
related
$101,669 · Morton Community Bank
—
—
V & D Properties LLC
—
Deed Of Trust
related
$213,480 · Heartland Bk
—
—
Michele L Frans
—
Deed Of Trust
related
$17,000 · Regions Bank
—
—
Carol A Oreilly
—
Deed Of Trust
related
$501,999 · Morton Community 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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