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Property profile & analytics
OFF-MARKET
Warehouses
602 5th St, Pekin, IL 61554-3316
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-0135051
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1948
Total area
8,024 SF
Lot
0.38 ac (16,553 SF)
APN
04-04-35-311-006
UPID
US28-0135051
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
-
Tom Bell: Allstate Insurance Insurance Agency
-
Rubix Vapes & Smoke LLC (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Five B's Liquidation and Crafts Department Store Grocery & Convenience Store
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
Blue Box 1 Properties LLC · 3 yrs held
Blue Box 1 Properties LLC
since 2022
Last sale
$190,000
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 Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin 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
$5,405
Tax year 2023
Assessed value
$59,000
Assessed 2023
Previous assessed
$59,000
+0.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$18,010
Assessed improvement
$40,990
Land market value
$54,030
Improvement market value
$122,970
Total market value
$177,000
Applied tax rate
4,031.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Total area
8,024 SF
Lot
0.38 ac (16,553 SF)
APN
04-04-35-311-006
UPID
US28-0135051
Jurisdiction
TAZEWELL
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
1948
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Blue Box 1 Properties LLC
Entity
Mailing address
1325 E MONETA AVE, PEORIA HEIGHTS, IL 61616-6531
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2022
$190,000
Blue Box 1 Properties LLC
Screaming Eagle Properties LLC
Warranty Deed
$142,500 · Farmers State Bank
Nov 12, 2019
$170,000
Screaming Eagle Properties LLC
Randy Price
Warranty Deed
$149,600 · Morton Community Bank
Jan 6, 2017
—
Randall P Price
—
Grant Deed
related
$1,646,000 · Busey Bk
Aug 18, 2016
—
Enviro-safe Refrigerants
—
Deed
related
$82,000 · Busey Bk
Dec 10, 2015
—
Enviro-safe Refrigerants INC
—
Trustees Deed
related
$500,000 · Busey Bk
Jun 23, 2011
$92,000
Randy Price
Aurora Bk Fsb
Grant Deed
—
Aug 14, 2009
—
Jdc Holdings Of Pekin Ltd
Aurora Bank Fsb
Trustees Deed
related
—
Oct 17, 2007
$285,000
Jdc Holdings Of Pekin Ltd
Mid Central Illinois Regional Counc
Warranty Deed
$242,250 · Lehman Brothers Bank Fsb
Aug 28, 2006
—
Mid Ctrl Il Regional Council Of C
Carpenters Local Union 644
Warranty Deed
—
—
—
Enviro-safe Refrigerants
—
Deed Of Trust
related
$82,000 · Busey Bk
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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