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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Banks
6400 Main St Belleville, IL 62223-3806
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5723365
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1977
Total area
14,198 SF
Lot
2.57 ac (111,949 SF)
APN
07-12-0-210-020
UPID
US28-5723365
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
-
Carmel D. Brown, LCPC Counselor Marriage Or Relationship Counselor
-
KMA Certified Testing Inc Medical Clinic
-
Sistaz Beauty Bar Hair Salon
-
Yale Barbara G Physician
-
Wood Max Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$838k
Blend (final)
Blend
$795k
Owner & transaction history
O L L Education Services · 4 yrs held
O L L Education Services
since 2022
Last sale
$775,000
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 Belleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belleville 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
$615,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$1,085,000
Current use
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $775k (Jul 13 2022)
Last sale anchor
$775k
Jul 13 2022
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
$56 / SF
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
$19,802
Tax year 2023
Assessed value
$205,597
Assessed 2023
Previous assessed
$205,597
+0.0% YoY
Effective rate
9.63%
On assessed value
Assessed land
$47,502
Assessed improvement
$158,095
Land market value
$142,506
Improvement market value
$474,285
Total market value
$616,791
Applied tax rate
2,098.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Total area
14,198 SF
Lot
2.57 ac (111,949 SF)
APN
07-12-0-210-020
UPID
US28-5723365
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
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$1.1M
FINANCIAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Lot
2.57 ac
Current owner
From public records · entity-resolved
O L L Education Services
Individual
Free & Clear · 4 yrs held
Mailing address
195 POPLAR PL, NORTH AURORA, IL 60542-1404
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$775,000
O L L Education Services
Peoples National Bank NA
Warranty Deed
—
Aug 19, 2019
—
Arcades Centre LLC
—
Correction Deed
related
$200,000 · Jefferson Bk
Jun 19, 2019
—
Arcades Centre LLC
—
Trustees Deed
related
$200,000 · Jefferson Bk
Jun 23, 2004
$365,000
Peoples National Bank
Klimowicz,lorraine
Warranty Deed
related
—
Jun 22, 2004
$365,000
Firstmerit Bank NA
Klimowicz,lorraine
Grant Deed
related
—
Jun 22, 1999
—
West Pointe Bank & Tr Co Ttee
—
Deed Of Trust
related
$1,250,000 · First National Bank
—
—
Arcades Centre LLC
—
Loan Modification
related
$1,343,112 · Jefferson Bank
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.
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