New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Office Spaces
3 Professional Dr, Alton, IL 62002-5010
Entity Owned
~
Est. High Equity
Property ID
US28-0616393
Property summary
AI-generated overview
This exceptional medical office space, located at 3 Professional Dr, Alton, IL 62002, presents a unique investment opportunity. The single-story, Class B building, constructed in 1996, offers 2,080 square feet of readily available space within a multi-tenant property. Situated on a 1.57-acre lot, this property boasts convenient access and ample parking. The building features modern amenities including 24-hour access, high ceilings, air conditioning, and a fully integrated security system. The interior is comprised of spacious, partitioned offices, ideal for a variety of healthcare practices. Zoned for commercial use (APN: 23-2-08-08-05-101-056), this NNN property is leased at a competitive annual rate of $13.00 per square foot. Its strategic location offers unparalleled convenience, being a short 34-minute drive from Lambert-St. Louis International Airport. This well-maintained property provides a prime location with flexibility and accessibility, making it an ideal choice for healthcare professionals seeking a thriving market. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Total area
10,000 SF
Lot
1.57 ac (68,400 SF)
APN
23-2-08-08-05-101-056
UPID
US28-0616393
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
-
Interventional Pain Consultants Medical Clinic
-
Dr. Wynndel T. Buenger, MD Physician
-
Lorilee Sebesta Physician
-
Candace Donyusha Charles Physician
-
Robin S Biermann, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.49M
Owner & transaction history
Vbc Group 2 LLC
Vbc Group 2 LLC
since 2025
Last sale
$1.5M
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 Alton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,500,000
7%
$1,395,000
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10% · vs last sale $1.50M (Dec 8 2025)
Last sale anchor
$1.50M
Dec 8 2025
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
$149 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$32,209
Tax year 2022
Assessed value
$367,120
Assessed 2022
Previous assessed
$367,120
+0.0% YoY
Effective rate
8.77%
On assessed value
Assessed land
$99,310
Assessed improvement
$267,810
Land market value
$298,228
Improvement market value
$804,234
Total market value
$1,102,462
Applied tax rate
200.0000
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
1996
Heating
NONE
Stories
1
Units
2
Total area
10,000 SF
Lot
1.57 ac (68,400 SF)
APN
23-2-08-08-05-101-056
UPID
US28-0616393
Jurisdiction
MADISON
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
1996
Heating
NONE
Stories
1
Units
2
Lot
1.57 ac
Current owner
From public records · entity-resolved
Vbc Group 2 LLC
Entity
Mailing address
3 PROFESSIONAL DR, ALTON, IL 62002-5010
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$1,500,000
Vbc Group 2 LLC
3 Professional Dr Alton LLC
Special Warranty Deed
$2,550,000 · Umb Bank NA
Aug 26, 2020
—
3 Professional Dr Alton LLC
—
Deed
related
$1,085,143 · United Cmnty Bk
Apr 17, 2017
—
3 Professional Drive Alton LLC
—
Deed
related
—
Dec 8, 2005
$1,100,000
3 Professional Drive Alton LLC
Optical Equipment & Building L
Warranty Deed
$1,500,000 · Liberty Bank
—
—
3 Professional Drive Alton LLC
—
Loan Modification
related
—
—
—
Equipment Optical
—
Deed Of Trust
related
$504,652 · Bank Of America
—
—
3 Professional Dr Alton LLC
—
Loan Modification
related
$1,085,143 · United Cmnty Bk
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 3 Professional Dr?
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.
