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Property profile & analytics
OFF-MARKET
Commercial real estate
465 Blackhawk Blvd, South Beloit, IL 61080-1313
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-0074599
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Total area
900 SF
APN
04-05-306-002
UPID
US28-0074599
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
-
Venus Clothing Store Lingerie Store
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
Flying Ajs Towing Co LLC · 5 yrs held
Flying Ajs Towing Co LLC
since 2020
Last sale
$37,000
7 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 South Beloit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Beloit 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
$3,040
Tax year 2023
Assessed value
$23,733
Assessed 2023
Previous assessed
$21,682
+9.5% YoY
Effective rate
12.81%
On assessed value
Assessed land
$4,072
Assessed improvement
$19,661
Land market value
$12,216
Improvement market value
$58,983
Total market value
$71,199
Applied tax rate
190.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1960
Heating
NONE
Stories
1
Total area
900 SF
APN
04-05-306-002
UPID
US28-0074599
Jurisdiction
WINNEBAGO
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
1960
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Flying Ajs Towing Co LLC
Entity
Mailing address
PO BOX 582, BELOIT, WI 53512-0582
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2020
$37,000
Flying Ajs Towing Co LLC
Ken Morse
Warranty Deed
$29,600 · Northwest Bk/rockford
Apr 6, 2018
—
Kenneth C Morse
—
Deed
related
$31,027 · Blackhawk Bk
Mar 19, 2018
—
Ken Morse
Ken Morse INC
Quit Claim Deed
related
—
Sep 24, 2004
$77,000
Ken Morse INC
Athens,steven P & Jill M
Grant Deed
$54,400 · Blackhawk State Bank
Jul 29, 1997
$40,000
Rykowski,john
Pierce,gary E
Trustees Deed
—
Jul 29, 1997
$64,000
Athens,steven P & Jill M
Rykowski,john
Trustees Deed
$51,200 · Amcore Bank NA Rockford
—
—
Ken Morse
—
Deed Of Trust
related
$67,500 · City Of South Beloit
—
—
Kenneth C Morse
—
Deed Of Trust
related
$31,027 · Blackhawk Bk
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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