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Property profile

420 Industrial Ave Effingham, IL 62401

OFF-MARKET
Other commercial real estate
Property ID
US28-5177756
3.14 ac lot
Last sale Sep 2025 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 329,804-square-foot office/warehouse facility situated on 17.7 acres, consisting of approximately 299,804 square feet of warehouse/manufacturing space with clear heights from 11 to 24 feet, column spacing configurations of 25x50 feet, 25x60 feet, and clear-span sections, and fourteen 10x8-foot dock doors with levelers plus one 14x12-foot drive-in door and one 10x8-foot drive-in door. The facility includes heavy electrical service with a 3-phase 227/480V system rated at 12,000…

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 · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$18k
Assessed land$18k
Effective rate6.81%

Value estimate

· Oct 2026
$7.00M
$6.30M – $7.70M

Realmo valuation models over county records.

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

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.4
HVAC Service10.7
Law Firm10.4

Location

420 Industrial Ave Effingham, IL 62401-2834
County assessor Recorded deeds · 3 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
401 4th, Effingham, IL 62401-3367 $408,000 Feb 2026 6,048 SF
1412 Fayette Ave, Effingham, IL 62401-1915 $2,950,000 Feb 2026 No data
301 Virginia, Effingham, IL 62401-2255 $325,000 Jan 2026 1,680 SF
709 Wabash, Effingham, IL 62401-2605 $11,800,000 Jan 2026 33,927 SF
1606 Fayette, Effingham, IL 62401-1917 $1,760,000 Dec 2025 23,044 SF
3rd, Effingham, IL 62401 $414,500 Dec 2025 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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