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Property summary
This exceptional three-story, 17,007-square-foot executive office building in Gibson City, Illinois, presents a unique owner-user opportunity. Built in 1977, the property sits on a 0.58-acre lot and boasts a desirable B1 zoning classification. The building features a well-maintained structure with a newer roof, fob access, a boiler/chiller system, and 300 AMP 3-phase power. The first floor, approximately 5,669 square feet, offers a flexible layout previously configured as a bank, including… private offices, a conference room, teller area, lobby, restrooms, and a vault. The second floor, also approximately 5,669 square feet, provides ample space with high ceilings, large windows, and features including approximately 11 perimeter offices, two executive offices (23' x 12'), a conference room (27' x 16'), open work areas, a kitchenette, and restrooms. A mostly finished basement includes a large executive boardroom (32' x 32'), two additional offices, a kitchenette, restroom/lounge, server room, mechanical rooms, and another vault. The asking price is $479,000, translating to $21.82 per square foot. The sale includes a five-year deed restriction against financial institutions and financial services. The property is conveniently located at 402 N Sangamon Ave, Gibson City, IL 60936, near the intersection of Routes 54, 47, and 9, and just north of the downtown area. Ample parking is available. The total building square footage is 21,954 square feet. The property consists of one building with three usable levels.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.3 ac
- APN
- 09-11-11-205-007
- Assessed value · 2022
- $176,160
- Annual tax · 2022
- $14,227
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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