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Property profile & analytics
FOR SALE
Commercial real estate
601 Range Ln, Cahokia, IL 62206-2001
Entity Owned
Absentee Owner
Free & Clear
Property ID
US28-1913501
For Sale
1 / 3
$150,000
601 Range Ln, Cahokia, IL 62206-2001
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
WOOD
Total area
558 SF
Lot
0.22 ac (9,583 SF)
APN
06-02-0-208-056
UPID
US28-1913501
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
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
Bluestem Properties LLC
Bluestem Properties LLC
since 2026
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 Cahokia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cahokia 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
$2,009
Tax year 2023
Assessed value
$10,571
Assessed 2023
Previous assessed
$10,571
+0.0% YoY
Effective rate
19.00%
On assessed value
Assessed land
$1,474
Assessed improvement
$9,097
Land market value
$4,422
Improvement market value
$27,291
Total market value
$31,713
Applied tax rate
10,013.0000
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 Sale
Year built
1954
Construction
WOOD
Heating
NONE
Total area
558 SF
Lot
0.22 ac (9,583 SF)
APN
06-02-0-208-056
UPID
US28-1913501
Jurisdiction
ST CLAIR
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
1954
Construction
WOOD
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Bluestem Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2009 LYNN ST, EAST SAINT LOUIS, IL 62206-2554
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
—
Bluestem Properties LLC
Glorias Family Affairs LLC
Deed
related
—
Dec 14, 2023
—
Roslyn Price
Raymond Holmes
Warranty Deed
$211,358 · Justine Petersen Hsn & Reinvement C
Oct 27, 2023
—
Raymond Holmes
Raymond Holmes
Intrafamily Transfer
related
—
Sep 15, 2023
—
Holmes Capital & Jont Venture Group
Gloria Family Affairs LLC
Warranty Deed
—
Mar 25, 2022
—
Anthony Cox
Victoria Ferguson
Quit Claim Deed
related
$190,807 · Great Rivers Community Capital
Mar 25, 2022
$173,500
Gloria S Family Affairs LLC
Anthony Cox
Warranty Deed
—
Oct 18, 2017
—
Anthony Cox
—
Deed
related
$16,010 · Private Individual
May 17, 2016
$10,000
Anthony Cox
Hill,nashe & Rahkest
Quit Claim Deed
related
—
May 16, 2006
—
Nashea Hill
Barnett,kasel
Quit Claim Deed
related
—
Aug 9, 1999
$35,000
Kasel Barnett
Sanders,neil E
Grant Deed
—
—
—
Nashea C Hill
—
Deed Of Trust
related
$136,000 · Centrue Bank
—
—
Anthony Cox
—
Deed Of Trust
related
$16,010 · Private Individual
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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