Financial
Distress signals
Property profile

309 Professional Park Ave Effingham, IL 62401

OFF-MARKET
Other commercial real estate
Property ID
US28-5177938
7,839 SF 2.1 ac lot Built 1987
Last sale Jun 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A flex building located at 309 Professional Park Avenue in Effingham, Illinois, with a total area of 5,814 square feet: 3,330 square feet of office space and 2,484 square feet of warehouse space. The office area includes reception and restroom facilities. The warehouse space has a 16-foot ceiling, a 14-foot overhead door, and contains an internal office measuring 13 by 20 feet. The building was constructed in 1987 and is zoned M-1. The property is configured for combined office and warehouse

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$167k
Assessed land$25k
Assessed improvement$142k
Effective rate7.05%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
ZIP average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$30 – $107
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionEFFINGHAM

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 Supply9.4
Auto Parts Store9.3
Electrical Service9.2

Location

309 Professional Park Ave Effingham, IL 62401-2948
County assessor Recorded deeds · 3 transfers 3 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
401 4th, Effingham, IL 62401-3367 $408,000 Feb 2026 6,048 SF
711 Fayette, Effingham, IL 62401-3602 $230,000 Dec 2025 12,858 SF
1613 Banker, Effingham, IL 62401 $97,500 Dec 2025 7,540 SF
1210 Banker, Effingham, IL 62401-2710 $550,000 Oct 2025 4,760 SF
110 Henrietta, Effingham, IL 62401-1946 $1,038,000 Oct 2025 4,617 SF
915 Fayette, Effingham, IL 62401 $400,000 Jun 2025 15,231 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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