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Property profile & analytics
OFF-MARKET
Commercial land
7 Alby St, Alton, IL 62002-6281
Individually Owned
Property ID
US28-5558398
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.2 ac (8,730 SF)
APN
23-2-07-14-07-203-019
UPID
US28-5558398
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
-
Mississippi Landing Apartment Complex
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
Chris Egan
Chris Egan
since 2025
Last sale
$415,000
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 Alton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alton 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
$826
Tax year 2023
Assessed value
$9,760
Assessed 2023
Previous assessed
$9,760
+0.0% YoY
Effective rate
8.46%
On assessed value
Assessed land
$9,760
Land market value
$29,280
Total market value
$29,280
Applied tax rate
891.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.2 ac (8,730 SF)
APN
23-2-07-14-07-203-019
UPID
US28-5558398
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
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Chris Egan
Individual
Mailing address
7 ALBY ST APT #5, ALTON, IL 62002-6281
Mailing matches property
Yes
Owner-occupied
Yes
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
—
Chris Egan
Kathryn L Mckevly
Deed
related
—
Sep 30, 2025
$415,000
Chris Egan
Kathryn Mckevly
Warranty Deed
—
Sep 3, 2025
—
John D Simmons Trust
John Simmons
Deed
related
—
Aug 4, 2025
$395,000
John Simmons
Emons Trust
Warranty Deed
—
Mar 13, 2025
—
Kathryn L Mckelvy
—
Deed
related
$42,000 · United Community Bank
Sep 20, 2024
$235,000
Nancy Moore
Chad Eckhardt
Warranty Deed
—
Sep 12, 2022
$335,000
Emons Trust
William C Heintz
Warranty Deed
—
Aug 13, 2021
$265,000
Sean Emerick
Simmons Trust
Deed
$185,000 · Busey Bank
Apr 27, 2021
$324,000
Kathryn L Mckelvy
Kane Trust
Warranty Deed
—
Nov 22, 2017
$225,000
William C Heintz
Ventimiglia,anthony V & Edith K
Warranty Deed
$150,000 · Anthony V Ventimiglia
Jan 13, 2015
$235,000
Kyle Hagen
Duricek,theresa
Warranty Deed
$176,250 · Bank Of Edwardsville
Nov 6, 2014
$235,000
Kyle Hagen
Duricek,theresa
Grant Deed
$176,250 · Bank Of Edwardsville
Jun 29, 2010
—
Freedom Newspapers Of Il INC
—
Deed Of Trust
related
$450,000,000 · J P Morgan Chase Bank
Apr 23, 2008
$284,500
Ventimiglia,anthony V & Edith K
Moon Beam Initiatives LLC
Grant Deed
—
Mar 4, 2008
$333,000
Duricek,theresa
Moon Beam Initiatives LLC
Grant Deed
$148,000 · Pulaski Bk&tr/little Rock Ar
—
—
Kyle Hagen
—
Deed Of Trust
related
$217,500 · Bank Of Edwardsville
—
—
Moon Beam Initiatives LLC
—
Deed Of Trust
related
$135,000 · Penelope Schmidt
—
—
Moon Beam Initiatives LLC
—
Deed Of Trust
related
$335,000 · Penelope Schmidt
—
—
Duricek,theresa
—
Deed Of Trust
related
$157,000 · Liberty Bk/ar Siloam Springs
—
—
Moon Beam Initiatives LLC
—
Deed Of Trust
related
$60,000 · Penelope Schmidt
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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