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Property profile & analytics
OFF-MARKET
Office Spaces
6500 2nd St, Loves Park, IL 61111-4112
Entity Owned
3-yr Hold
Free & Clear
Property ID
US28-5320751
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1960
Construction
WOOD
Total area
1,406 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CR
APN
11-01-227-004
UPID
US28-5320751
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
-
Marty Gras Slots II Cafe & Coffee Shop
-
The Law Offices Of D. Richard Haime Law Firm
-
Fisher & Fisher Accounting Accounting Firm Tax Preparation
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
Evie A INC · 3 yrs held
Evie A INC
since 2022
7 recorded transactions
Zoning & alternative use
CR · Loves Park, IL
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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park 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
$3,424
Tax year 2023
Assessed value
$37,919
Assessed 2023
Previous assessed
$33,892
+11.9% YoY
Effective rate
9.03%
On assessed value
Assessed land
$19,783
Assessed improvement
$18,136
Land market value
$59,349
Improvement market value
$54,408
Total market value
$113,757
Applied tax rate
2.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,406 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CR
APN
11-01-227-004
UPID
US28-5320751
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR · Loves Park, IL
Zoning CR · permitted uses
CR · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Evie A INC
Entity
Free & Clear · 3 yrs held
Mailing address
10049 HAAS RD, ROCKTON, IL 61072-9767
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Evie A INC
Surplus Air Support INC
Warranty Deed
—
Nov 4, 2021
$145,500
Evie A INC
Surplus Air Support INC
Warranty Deed
$109,125 · German American State Bank
Jul 19, 2021
$65,000
Surplus Air Support INC
Illinois Bank & Trust
Special Warranty Deed
—
Jun 8, 2021
—
Illinois Bank & Trust
Joshua Holder
Warranty Deed
—
Mar 2, 2018
$50,000
Jobsmart Employment Svcs INC
Blackhawk Bk
Grant Deed
$45,000 · Illinois Bk&tr
Dec 14, 2016
—
Blackhawk Bk
Sheriff Of Winnebago County|swenson,gregg L & Teri
Trustees Deed
related
—
Sep 9, 2008
$160,000
Gregg L Swenson
Woods,david G & Janet M
Grant Deed
$140,000 · Blackhawk State Bank
Aug 17, 2006
—
Gregory L Swenson
Woods,david G & Janet M
Grant Deed
related
—
—
—
David G Woods
—
Deed Of Trust
related
$77,000 · Alpine Bank Illinois
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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