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Property profile & analytics
OFF-MARKET
Day care centers
405 Leopold St, Mackinaw, IL 61755-7610
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-2500140
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2002
Total area
3,648 SF
Lot
1.15 ac (50,094 SF)
APN
13-13-17-405-005
UPID
US28-2500140
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
-
Eastside Educational Center High School Daycare Center
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
Eastside Educational Center · 11 yrs held
Eastside Educational Center
since 2015
6 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 Mackinaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mackinaw 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
$22,530
Tax year 2023
Assessed value
$273,980
Assessed 2023
Previous assessed
$273,980
+0.0% YoY
Effective rate
8.22%
On assessed value
Assessed land
$23,490
Assessed improvement
$250,490
Land market value
$70,470
Improvement market value
$751,470
Total market value
$821,940
Applied tax rate
13,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2002
Heating
NONE
Stories
2
Units
3
Total area
3,648 SF
Lot
1.15 ac (50,094 SF)
APN
13-13-17-405-005
UPID
US28-2500140
Jurisdiction
TAZEWELL
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
2002
Heating
NONE
Stories
2
Units
3
Lot
1.15 ac
Current owner
From public records · entity-resolved
Eastside Educational Center
Individual
Mailing address
405 LEOPOLD ST, MACKINAW, IL 61755-7610
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2019
—
Eastside Education Center INC
—
Deed
related
$762,340 · Morton Community Bank
May 8, 2017
—
Eside Educational Center INC
—
Deed
related
$404,690 · Morton Community Bank
May 15, 2015
$825,000
Eastside Educational Center
Frankie J Lockenour
Warranty Deed
$735,000 · First Bank Financial Centre
Sep 26, 2011
—
Frankie L Lockenour
Lockenour Ents INC
Quit Claim Deed
related
—
Jun 28, 2010
—
Frankie J Lockenour
Lockenour Ents INC
Quit Claim Deed
related
$558,000 · Morton Community Bank
Jul 28, 2005
$545,000
Lockenour Ents INC
Leopold Buildings INC
Warranty Deed
$408,750 · Morton Community Bank
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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