Financial
Distress signals
Property profile

511 State St Freeburg, IL 62243

OFF-MARKET
Commercial real estate
Property ID
US28-2327401
1,600 SF 0.14 ac lot Built 1990
Last sale May 2017 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$66k
Assessed land$9k
Assessed improvement$56k
Effective rate8.48%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 536 recorded sales of this use type
Observed band · Q1–Q3$40 – $139
Qualifying comparables11

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.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.6
HVAC Service9.6
Realty agency9.5

Location

511 State St Freeburg, IL 62243-1522
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales 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
405 State, Freeburg, IL 62243-1520 $500,000 Jul 2025 2,600 SF
840 State, Freeburg, IL 62243-1548 $515,000 Jan 2025 1,200 SF
550 Phillips, Freeburg, IL 62243-1028 $325,000 Dec 2024 1,608 SF
102 Richland, Freeburg, IL 62243-1328 $70,000 Jan 2023 1,000 SF
201 High, Freeburg, IL 62243-1396 $225,000 Dec 2021 1,975 SF
10 Alton, Freeburg, IL 62243-1402 $175,000 Jul 2021 2,264 SF
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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