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Property profile & analytics
OFF-MARKET
Commercial real estate
2811 Ct Rd, New Baden, IL 62265-2601
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-2277576
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Lot
3 ac (130,680 SF)
Zoning code
21
APN
11-10-04-400-005
UPID
US28-2277576
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
Allan Bernhardt II · 1 yrs held
Allan Bernhardt II
since 2024
Last sale
$95,000
7 recorded transactions
Zoning & alternative use
21 · New Baden, IL
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 New Baden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Baden 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
$1,836
Tax year 2022
Assessed value
$29,830
Assessed 2022
Previous assessed
$28,960
+3.0% YoY
Effective rate
6.15%
On assessed value
Assessed land
$17,470
Assessed improvement
$12,360
Land market value
$52,410
Improvement market value
$37,080
Total market value
$89,490
Applied tax rate
11,004.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Heating
NONE
Lot
3 ac (130,680 SF)
Zoning code
21
APN
11-10-04-400-005
UPID
US28-2277576
Jurisdiction
CLINTON
Zoning & alternative use
21 · New Baden, IL
Zoning 21 · permitted uses
21 · New Baden, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Baden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Allan Bernhardt II
Individual
Mailing address
2811 CT RD, NEW BADEN, IL 62265-2601
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$100,000
Allan Bernhardt II
Allan L Bernhardt II
Warranty Deed
related
$80,000 · Bank Of Belleville
May 26, 2022
—
Allan L Bernhardt II
Allan L Bernhardt II
Intrafamily Transfer
related
—
Jan 13, 2020
—
Allan Bernhardt
—
Deed
related
$91,784 · Fcb Banks
Jan 30, 2015
—
Allan L Bernhardt II
Bernhardt,allan & Brenda
Quit Claim Deed
related
—
Jul 15, 2014
—
Allan L Bernhardt
Bernhardt,allan L & Brenda K
Quit Claim Deed
related
—
Jan 4, 2010
$95,000
Allan L Bernhardt
Edna Rensing
Trustees Deed
related
$91,784 · First County Bank
—
—
Allan Bernhardt
—
Loan Modification
related
$91,784 · Fcb Banks
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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