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Financial
Distress signals
Property profile

2806 Godfrey Rd Godfrey, IL 62035

FOR SALE
Other commercial real estate
Property ID
US28-1594320
2,128 SF 0.23 ac lot Built 1968
Last sale Aug 2022 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Remodeled brick office building located at 2806 Godfrey Rd, Godfrey, Illinois, with approximately 2,000 square feet of interior space across a main level and lower level. The main floor includes a reception area, four separate office rooms, and a bathroom. The lower level provides a kitchen, a bonus area, and additional storage space, supporting operational and employee-use functions within the building. The property includes on-site parking and is configured to accommodate a range of…

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.

Debts

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 · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value$34k
Assessed land$11k
Assessed improvement$23k
Effective rate7.16%

Value estimate

· Oct 2026
$370k
$333k – $407k
AI approach$315k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$6k
Operating expenses−$11k
NOI · 6.03% cap applied$32k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$63 – $177
Qualifying comparables14

Cap rate analysis

How does the asset earn?
6.03%
$32k 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.

JurisdictionMADISON

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 Supply12.9
Parking Facility11.7
Electrical Service11.0

Location

2806 Godfrey Rd Godfrey, IL 62035
County assessor Recorded deeds · 2 transfers 14 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2907 Godfrey, Godfrey, IL 62035-1810 $177,500 Jul 2025 1,476 SF
1517 Delmar, Godfrey, IL 62035-1350 $220,000 Feb 2025 2,720 SF
419 Pearl, Godfrey, IL 62035-2488 $92,000 Jul 2024 2,160 SF
1815 Delmar, Godfrey, IL 62035-1352 $272,000 Jul 2024 3,100 SF
5785 Godfrey, Godfrey, IL 62035-2425 $1,600,000 Feb 2024 2,497 SF
1213 Winter, Godfrey, IL 62035-2651 $30,000 Dec 2023 2,448 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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