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Property profile & analytics
OFF-MARKET
Commercial real estate
5013 2nd St, Loves Park, IL 61111-5808
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1614542
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
WOOD
Total area
2,115 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CR
APN
12-07-153-001
UPID
US28-1614542
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
-
Hair Etcetera Hair Salon
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
Nick Sommer Properties LLC · 1 yrs held
Nick Sommer Properties LLC
since 2025
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
CR · Loves Park, 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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park 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
$3,288
Tax year 2023
Assessed value
$36,410
Assessed 2023
Previous assessed
$32,544
+11.9% YoY
Effective rate
9.03%
On assessed value
Assessed land
$12,018
Assessed improvement
$24,392
Land market value
$36,054
Improvement market value
$73,176
Total market value
$109,230
Applied tax rate
2.0000
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
1930
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Total area
2,115 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CR
APN
12-07-153-001
UPID
US28-1614542
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR · Loves Park, IL
Zoning CR · permitted uses
CR · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Nick Sommer Properties LLC
Entity
Mailing address
3719 LAKEVIEW DR, WINNEBAGO, IL 61088-8021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
$200,000
Nick Sommer Properties LLC
Cindy L Beyer
Warranty Deed
$160,000 · First National Bank & Trust Co
—
—
Cindy L Beyer
—
Deed Of Trust
related
$78,000 · Amcore Bank
—
—
Cindy L Beyer
—
Deed Of Trust
related
$100,000 · Rockford Bank & Trust Co
—
—
Cindy L Beyer
—
Deed Of Trust
related
$40,000 · Amcore Bank
—
—
Cindy L Beyer
—
Deed Of Trust
related
$49,419 · Amcore Bank
—
—
Cindy L Beyer
—
Deed Of Trust
related
$63,753 · Amcore Bank
—
—
Cindy L Beyer
—
Deed Of Trust
related
$15,000 · Amcore 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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