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Property profile & analytics
FOR LEASE
Commercial real estate
5775 Godfrey Rd, Godfrey, IL 62035
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-3031628
For Lease
1 / 2
$610,000
5775 Godfrey Rd, Godfrey, IL 62035
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Lot
2.16 ac (94,090 SF)
APN
24-2-01-26-01-107-025
UPID
US28-3031628
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
-
Germania Brew Haus | Godfrey | Drive-Thru Cafe & Coffee Shop
-
Diva Nail Salon Nail Salon
-
Toko Sushi & Boba Restaurant
-
Edward Jones - Financial Advisor: Dalton M Gray, CFP® Financial Advisor
-
Joe’s Pizza & Pasta Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Department Of Transportation · 1 yrs held
Department Of Transportation
since 2025
Last sale
$610,000
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 Godfrey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Godfrey 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
Method
Estimation
Statistic approach
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $610k (Jan 5 2024)
Last sale anchor
$610k
Jan 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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 2022Property tax & assessments
Tax year 2022
Tax billed
$30,132
Tax year 2022
Assessed value
$420,990
Assessed 2022
Previous assessed
$420,990
+0.0% YoY
Effective rate
7.16%
On assessed value
Assessed land
$68,770
Assessed improvement
$352,220
Land market value
$206,517
Improvement market value
$1,057,718
Total market value
$1,264,235
Applied tax rate
949.0000
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
For Lease
Year built
2014
Heating
NONE
Buildings
2
Lot
2.16 ac (94,090 SF)
APN
24-2-01-26-01-107-025
UPID
US28-3031628
Jurisdiction
MADISON
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
2014
Heating
NONE
Buildings
2
Lot
2.16 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 1 yrs held
Mailing address
1618 ANX ST, ALTON, IL 62002-4050
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
—
Department Of Transportation
Village Of Godfrey
Warranty Deed
—
Jan 5, 2024
$610,000
Godfrey Restaurant INC
Core Monticello LLC
Warranty Deed
$488,000 · Bank Of Hillsboro
Feb 26, 2019
$4,875,000
Core Monticello LLC
Midwest Asset Group LLC
Warranty Deed
$3,200,000 · First National Bank Staunton
Sep 19, 2016
—
Midwest Asset Group LLC
—
Deed
related
$300,000 · Centruebank
May 13, 2015
—
Midwest Asset Group LLC
—
Trustees Deed
related
$300,000 · Centruebank
Jan 14, 2014
—
Midwest Asset Group LLC
—
Loan Modification, Consolidation And Extension
related
$2,728,370 · First Nat'l Bk/staunton
—
—
Midwest Asset Group LLC
—
Deed Of Trust
related
$2,728,370 · First National Bank Staunton
—
—
Midwest Asset Group LLC
—
Loan Modification
related
$300,000 · Centruebank
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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