Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
732 4th St Breese, IL 62230-1751
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-1268558
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Construction
STONE
Total area
16,212 SF
Lot
0.57 ac (24,829 SF)
Zoning code
51
APN
06-06-22-201-009
UPID
US28-1268558
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
-
V & H Recreation Inc Bowling Alley
-
ATM Atm
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
D Horstmann Properties LLC · 1 yrs held
D Horstmann Properties LLC
since 2025
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
51 · Breese, 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 Breese submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Breese 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,728
Tax year 2022
Assessed value
$146,470
Assessed 2022
Previous assessed
$139,500
+5.0% YoY
Effective rate
7.32%
On assessed value
Assessed land
$36,150
Assessed improvement
$110,320
Land market value
$108,450
Improvement market value
$330,960
Total market value
$439,410
Applied tax rate
6,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Construction
STONE
Heating
NONE
Total area
16,212 SF
Lot
0.57 ac (24,829 SF)
Zoning code
51
APN
06-06-22-201-009
UPID
US28-1268558
Jurisdiction
CLINTON
Zoning & alternative use
51 · Breese, IL
Zoning 51 · permitted uses
51 · Breese, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Breese. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
STONE
Heating
NONE
Lot
0.57 ac
Current owner
From public records · entity-resolved
D Horstmann Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
66 S GERMANTOWN RD, BREESE, IL 62230-2090
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
D Horstmann Properties LLC
Daniel Edward Horstmann
Quitclaim Deed
related
—
Jun 1, 2022
—
Daniel E Horstmann
—
Deed
related
$380,000 · Fcb Banks
May 31, 2022
$300,000
Daniel Edward Horstmann
Larry M Wobbe
Warranty Deed
$320,000 · Fcb Banks
Aug 5, 2020
—
Larry M Wobbe
Maureen M T Hernandez
Quit Claim Deed
related
—
Aug 5, 2020
$300,000
Larry M Wobbe
Wobbe Martha M Living Trust
Grant Deed
—
Jun 24, 2009
$675,000
V & B Recreation INC
Wobbe,martha M
Dual Purpose Document
$625,000 · Germantown Trust & Sav Bank
Jun 24, 2009
—
Martha M Wobbe
V & H Recreation INC
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 732 4th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
