Financial
Distress signals
Property profile

2612 W Le Fevre Rd Sterling, IL 61081

FOR SALE
Commercial real estate
Property ID
US28-2897811
4 ac lot
Last sale Jul 2017
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4-acre commercial property, located at 2612 W Le Fevre Road in Sterling, Illinois, presents a unique investment opportunity. The 4,236 square foot building offers remarkable versatility, suitable for a wide range of commercial ventures. Envision an office complex, a vibrant restaurant and bar with outdoor seating, or even a gaming establishment. Alternatively, the property's adaptability extends to industrial uses, including cold storage facilities. The existing structure…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$26k
Assessed land$18k
Assessed improvement$8k
Effective rate7.83%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$11k
Operating expenses−$9k
NOI · 7.96% cap applied$28k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.96%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionWHITESIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.4
Law Firm11.3
Auto Parts Store10.9

Location

2612 W Le Fevre Rd Sterling, IL 61081
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2705 Ave E, Sterling, IL 61081-9016 $9,719,000 Apr 2025 No data
311 3rd, Sterling, IL 61081-3668 $100,000 Mar 2025 No data
1301 Lynn, Sterling, IL 61081 $650,000 Dec 2024 No data
3601 16th, Sterling, IL 61081-4059 $1,279,587 Dec 2024 No data
405 Ash, Sterling, IL 61081-1801 $200,000 Nov 2024 No data
603 1st, Sterling, IL 61081-3620 $121,900 Nov 2024 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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