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Financial
Distress signals
Property profile

305 Lincoln Hwy Franklin Grove, IL 61031

FOR SALE
Other commercial real estate
Property ID
US28-4695472
0.38 ac lot
Last sale Jan 2021 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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305 Lincoln Hwy, Franklin Grove, IL 61031 For Sale
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305 Lincoln Hwy, Franklin Grove, IL 61031
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Property summary

AI-generated overview

This property is a newly constructed retail building built for a Dollar General Market format, using a larger store prototype intended to support an expanded grocery product mix. The site is configured for an absolute NNN-style leasing structure, with the operating responsibility typically shifted away from the landlord, and it is structured as a long-term ground lease arrangement with scheduled rent escalations. The property is located in a retail trade area with limited nearby competition,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$2k
Tax billed · 2021
Assessed value · 2023$29k
Assessed land$6k
Assessed improvement$23k
Effective rate8.43%

Value estimate

· Oct 2026
$140k
$126k – $154k
AI approach$140k
NOI build-up
Gross scheduled income$192k
Vacancy & credit loss−$5k
Operating expenses−$56k
NOI · 6.84% cap applied$131k

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?
6.84%
$131k 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.

JurisdictionLEE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Auto Repair Shop8.7
Building Supply8.7

Location

305 Lincoln Hwy Franklin Grove, IL 61031
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
225 Lincoln, Franklin Grove, IL 61031-9307 $185,000 Dec 2025 No data
302 Il Rte 38, Franklin Grove, IL 61031 $250,000 Jan 2024 No data
116 Ws, Franklin Grove, IL 61031-9521 $100,000 Oct 2023 No data
121 Elm, Franklin Grove, IL 61031-9500 $45,500 Aug 2022 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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