Financial
Distress signals
Property profile

548 Washington St Millstadt, IL 62260

OFF-MARKET
Commercial real estate
Property ID
US28-1283590
9,240 SF 0.84 ac lot Built 2005
Last sale Mar 2026 · $587,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property at 548 E Washington St, Millstadt, IL 62260, offers a unique opportunity for businesses seeking flexible and well-located space. The single-story, 8,800 square foot building, constructed in 2005, features a variety of spaces ideal for executive offices or retail storefronts. Currently, 4,300 square feet of space is available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 3,200 square feet. The building

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$23k
Tax billed · 2023
Assessed value$309k
Assessed land$23k
Assessed improvement$285k
Effective rate7.60%

Value estimate

· Sep 2026
$390k
$351k – $429k
CAP approach$1.44M
Submarket $/SF estimate$962k

Realmo valuation models over county records and 14 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 comparables14

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.5
Law Firm11.2
Dental Office10.5

Location

548 Washington St Millstadt, IL 62260-1287
County assessor Recorded deeds · 19 transfers 14 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
503 Jefferson, Millstadt, IL 62260-2029 $296,500 May 2025 3,222 SF
500 Illinois, Millstadt, IL 62260-1373 $200,000 Sep 2024 2,960 SF
609 Breese, Millstadt, IL 62260-2003 $390,000 Oct 2023 5,000 SF
120 Washington, Millstadt, IL 62260-1156 $350,000 Oct 2023 3,600 SF
319 Laurel, Millstadt, IL 62260-1417 $60,000 Aug 2022 3,576 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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