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Property profile & analytics
OFF-MARKET
Commercial real estate
800 Mc Allister St Lebanon, IL 62254-2650
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-2479925
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Construction
STEEL FRAME
Total area
5,490 SF
Lot
3.42 ac (148,975 SF)
APN
04-25-0-200-016
UPID
US28-2479925
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
-
Schwan Food Co Take-out & Catering Grocery & Convenience Store
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
Creekside Bar And Grill LLC · 1 yrs held
Creekside Bar And Grill LLC
since 2024
Last sale
$360,000
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$5,646
Tax year 2023
Assessed value
$66,340
Assessed 2023
Previous assessed
$66,340
+0.0% YoY
Effective rate
8.51%
On assessed value
Assessed land
$12,114
Assessed improvement
$54,226
Land market value
$36,342
Improvement market value
$162,678
Total market value
$199,020
Applied tax rate
6,006.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1985
Construction
STEEL FRAME
Heating
NONE
Total area
5,490 SF
Lot
3.42 ac (148,975 SF)
APN
04-25-0-200-016
UPID
US28-2479925
Jurisdiction
ST CLAIR
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
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Lot
3.42 ac
Current owner
From public records · entity-resolved
Creekside Bar And Grill LLC
Entity
Mailing address
PO BOX 165, MARSHALL, MN 56258-0165
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Creekside Bar & Grill LLC
—
Deed
related
$307,000 · Small Business Growth Corporation
Nov 26, 2025
—
Creekside Bar & Grill LLC
—
Deed
related
$297,600 · Farmers & Merchants Natl Bank Nashville
Jun 20, 2025
—
Creekside Bar And Grill LLC
—
Deed
related
$200,000 · The Farmers & Merchants National Bank
Oct 23, 2024
$360,000
Creekside Bar And Grill LLC
Cygnus Properties LLC
Special Warranty Deed
$522,750 · The Farmers & Merchants National Ba
Oct 31, 2022
—
Cygnus Properties LLC
—
Deed
related
$45,000,000 · Estige Financial LLC
Aug 17, 2021
—
Cygnus Properties LLC
Cygnus Home Service LLC
Warranty Deed
—
Jun 19, 2020
—
Cygnus Home Service LLC
—
Deed
related
$300,000,000 · Deneb Real Estates LLC
—
—
Cygnus Home Service LLC
—
Deed Of Trust
related
$300,000,000 · Deneb Real Estates LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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