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Financial
Distress signals
Property profile

709 King Dr Mackinaw, IL 61755

OFF-MARKET
Drive through restaurants
Property ID
US28-3951319
1,350 SF 0.48 ac lot Built 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A drive-through restaurant facility located at 709 King Dr in Mackinaw, Illinois (ZIP 61755). The property includes a completed kitchen buildout with a walk-in refrigerator and walk-in freezer, and it is configured with a kitchen suitable for restaurant operations; kitchen equipment is available separately. The building is less than five years old, providing a relatively recent physical plant. Concrete parking areas and drive lanes support customer and operational access, and the site includes roadside pylon signage for on-site identification.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$90k
Assessed land$12k
Assessed improvement$78k
Effective rate8.22%

Value estimate

· Oct 2026
$175k
$158k – $193k
AI approach$230k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$37 – $128

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTAZEWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.4
HVAC Service9.5
Auto Repair Shop9.3

Location

709 King Dr Mackinaw, IL 61755-7691
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Fast, Mackinaw, IL 61755-7626 $120,000 Jun 2024 1,050 SF
104 Orch, Mackinaw, IL 61755-7515 $109,500 Mar 2023 868 SF
115 Main, Mackinaw, IL 61755-7510 $70,000 Feb 2023 1,050 SF
603 Orch, Mackinaw, IL 61755-7661 $97,400 Feb 2020 1,920 SF
100 Madison, Mackinaw, IL 61755-7585 $55,000 Nov 2018 1,152 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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