New search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office Spaces
2816 Ct St Pekin, IL 61554-6228
Entity Owned
~
Est. High Equity
Property ID
US28-1370537
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1973
Total area
3,914 SF
Lot
0.41 ac (17,860 SF)
APN
10-10-12-208-016
UPID
US28-1370537
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
-
Jennifer Bradshaw Realtor Real Estate Agency
-
Steffi Tanner Coldwell Banker Real Estate Group Real Estate Agency
-
Coldwell Banker Real Estate Group: Darcy Lawson Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$700k
Owner & transaction history
Jennings Real Estate Holdings LLC
Jennings Real Estate Holdings LLC
since 2025
Last sale
$700,000
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 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
Method
Estimation
Statistic approach
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jul 22 2024)
Last sale anchor
$700k
Jul 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
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
$9,040
Tax year 2023
Assessed value
$96,680
Assessed 2023
Previous assessed
$96,680
+0.0% YoY
Effective rate
9.35%
On assessed value
Assessed land
$28,020
Assessed improvement
$68,660
Land market value
$84,060
Improvement market value
$205,980
Total market value
$290,040
Applied tax rate
10,037.0000
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
1973
Heating
NONE
Stories
1
Total area
3,914 SF
Lot
0.41 ac (17,860 SF)
APN
10-10-12-208-016
UPID
US28-1370537
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
1973
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Jennings Real Estate Holdings LLC
Entity
Mailing address
1149 E 9TH ST, LOCKPORT, IL 60441-3219
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Jennings Real Estate Holdings
—
Deed
related
$1,760,000 · Morton Community Bank
Nov 21, 2025
$720,000
Jennings Real Estate Holdings LLC
Snh Investment INC
Warranty Deed
$540,000 · Morton Community Bank
Jul 22, 2024
$700,000
Snh Investments INC
Chicago Title Land Trust Company
Deed
$560,000 · Morton Community Bank
Jul 22, 2024
—
Snh Investment INC
—
Deed
related
$560,000 · Morton Community Bank
Dec 30, 2021
—
First Midwest Bank
—
Deed
related
$23,000,000 · Busey Bank
Oct 31, 2012
$325,000
First Midwest Trust 72-15360
Wolfe,charles F
Warranty Deed
—
—
—
Albert C Halstead
—
Deed Of Trust
related
$260,000 · First State Bank Pekin
—
—
Trust 72-15360
—
Deed Of Trust
related
$487,500 · First Midwest Bank
—
—
Halstead Albert C Trust
—
Deed Of Trust
related
$300,000 · Heartland 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2816 Ct St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
