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Property profile & analytics
FOR SALE
Commercial real estate
805 E Perkins Rd, Urbana, IL 61802
Individually Owned
Free & Clear
Property ID
US28-0911512
For Sale
1 / 2
$1,200,000
805 E Perkins Rd, Urbana, IL 61802
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.22 ac (53,143 SF)
APN
912109103024
UPID
US28-0911512
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
-
TCT Construction, Inc General Contractor
-
ECI Construction Services, Inc. Construction Company General Contractor
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
Izard Gregory
Izard Gregory
since 2026
Last sale
$475,000
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 Urbana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbana 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
$26,564
Tax year 2023
Assessed value
$249,730
Assessed 2023
Previous assessed
$229,950
+8.6% YoY
Effective rate
10.64%
On assessed value
Assessed land
$129,640
Assessed improvement
$120,090
Land market value
$388,920
Improvement market value
$360,270
Total market value
$749,190
Applied tax rate
9,153.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Lot
1.22 ac (53,143 SF)
APN
912109103024
UPID
US28-0911512
Jurisdiction
CHAMPAIGN
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
1.22 ac
Current owner
From public records · entity-resolved
Izard Gregory
Individual
Free & Clear · 0 yrs held
Mailing address
805 E PERKINS RD, URBANA, IL 61802-1213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Apr 6, 2026
$325,000
Izard Gregory
Johnston John
Warranty Deed
—
Jul 15, 2025
$650,000
John R Johnson
Richard Woodard Irrevocable Living
Warranty Deed
$600,000 · Fisher National Bank
Jan 17, 2023
—
Ann Ozella
Ann Ozella
Deed
related
$268,000 · Hickory Point Bank & Trust
Sep 28, 2022
—
Eci Holdings LLC
—
Deed
related
—
Sep 2, 2022
$768,000
Eci Holdings LLC
Dsr Holdings LLC
Quit Claim Deed
related
$472,000 · Hickory Point Bank & Trust
Mar 10, 2017
—
Dsr Holdings LLC
—
Deed
related
$570,000 · Busey Bank
Nov 15, 2006
$475,000
Dsr Holdings LLC
Trust 1-2125
Grant Deed
$427,500 · Busey Bank
Nov 15, 2006
—
Dsr Holdings LLC
Tatman,paul L
Warranty 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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