Financial
Distress signals
Property profile

7906 N 2Nd St Machesney Park, IL 61115

FOR SALE
Commercial real estate
Property ID
US28-1240288
1,323 SF 0.07 ac lot Built 1975
Last sale Apr 2024 · $130,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$16k
Assessed land$5k
Assessed improvement$12k
Effective rate8.63%

Value estimate

· Sep 2026
$130k
$117k – $143k
AI approach$130k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$833
Operating expenses−$7k
NOI · 10.05% cap applied$16k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$174/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$63 – $251
Qualifying comparables3

Cap rate analysis

How does the asset earn?
10.05%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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.

JurisdictionWINNEBAGO

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 agency30.7
Law Firm27.4
Dental Office21.7

Location

7906 N 2Nd St Machesney Park, IL 61115
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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
1555 Ln, Machesney Park, IL 61115-1903 $400,000 Dec 2025 2,580 SF
1421 Harlem, Loves Park, IL 61115-5001 $199,000 May 2025 1,400 SF
1029 Harlem, Machesney Park, IL 61115-2517 $150,000 Sep 2024 2,400 SF
8332 2nd, Machesney Park, IL 61115-2470 $1,200,000 Feb 2024 1,729 SF
7706 2nd, Machesney Park, IL 61115-2820 $225,000 Aug 2023 2,678 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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