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Property profile & analytics
OFF-MARKET
Commercial real estate
310 Back St Hecker, IL 62248-1031
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-0704998
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
4,820 SF
Lot
2.25 ac (98,010 SF)
Zoning code
HB1
APN
12-04-150-035-000
UPID
US28-0704998
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
K2mgmt LLC · 11 yrs held
K2mgmt LLC
since 2015
7 recorded transactions
Zoning & alternative use
HB1 · Hecker, 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 Hecker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hecker 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,295
Tax year 2023
Assessed value
$118,350
Assessed 2023
Previous assessed
$118,350
+0.0% YoY
Effective rate
6.16%
On assessed value
Assessed land
$7,200
Assessed improvement
$111,150
Land market value
$21,600
Improvement market value
$333,450
Total market value
$355,050
Applied tax rate
12,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2016
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,820 SF
Lot
2.25 ac (98,010 SF)
Zoning code
HB1
APN
12-04-150-035-000
UPID
US28-0704998
Jurisdiction
MONROE
Zoning & alternative use
HB1 · Hecker, IL
Zoning HB1 · permitted uses
HB1 · Hecker, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hecker. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
K2mgmt LLC
Entity
Mailing address
PO BOX 177, HECKER, IL 62248-0177
Ownership since
2015
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 30, 2025
—
K2 Mgmt LLC
—
Deed
related
$345,599 · Regions Bank
Jul 29, 2019
—
K2 Mgmt LLC
—
Deed
related
$392,648 · Midland States Bank
Jun 16, 2016
—
K2 Mgmt LLC
—
Trustees Deed
related
$425,000 · Citizens Cmnty Bk
Jan 25, 2016
—
K2 Mgmt LLC
—
Trustees Deed
related
$378,000 · Citizens Cmnty Bk
Aug 7, 2015
—
K2 Mgmt LLC
—
Trustees Deed
related
$275,000 · Citizens Cmnty Bk
Mar 16, 2015
—
K2mgmt LLC
Kapp Roderick J
Quit Claim Deed
related
$30,000 · Roderick J Kapp
Jan 18, 2011
—
Roderick J Kapp
—
Trustees Deed
related
$65,700 · Citizens Community Bank
Nov 8, 2010
$65,500
Roderick J Kapp
Pate,michael S
Warranty Deed
$35,000 · Citizens Community Bank
Sep 29, 2006
$56,500
Michael S Pate
Haudrich,dale J & Kathryn R
Warranty Deed
$36,000 · Associated Bk North
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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