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Property profile & analytics
OFF-MARKET
Commercial real estate
821 Main St, Highland, IL 62249-1505
Entity Owned
Free & Clear
Property ID
US28-5862749
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
3,847 SF
Lot
0.24 ac (10,500 SF)
APN
01-2-24-05-06-104-019
UPID
US28-5862749
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
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
Sweet Stays LLC
Sweet Stays LLC
since 2025
Last sale
$345,000
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 Highland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Highland 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
$3,199
Tax year 2022
Assessed value
$40,860
Assessed 2022
Previous assessed
$40,860
+0.0% YoY
Effective rate
7.83%
On assessed value
Assessed land
$8,250
Assessed improvement
$32,610
Land market value
$24,775
Improvement market value
$97,928
Total market value
$122,703
Applied tax rate
2.0000
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
Off-Market
Year built
1950
Heating
NONE
Total area
3,847 SF
Lot
0.24 ac (10,500 SF)
APN
01-2-24-05-06-104-019
UPID
US28-5862749
Jurisdiction
MADISON
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
1950
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Sweet Stays LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11747 POCAHONTAS RD, HIGHLAND, IL 62249-3339
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Dylan R Richter
—
Deed
related
$200,000 · Constitution Bank
Sep 26, 2025
—
Sweet Stays LLC
Dylan Richter
Quitclaim Deed
related
—
Dec 4, 2024
$345,000
Dylan Richter
Roy Wells
Warranty Deed
—
Jan 10, 2024
—
Roy Wells
—
Deed
related
$203,703 · Bradford National Bank
May 23, 2022
$177,500
Roy Wells
V & F Rentals LLC
Warranty Deed
—
Dec 18, 2018
—
V & F Rentals LLC
—
Deed
related
$99,882 · Fcb Bk
Feb 29, 2016
—
V & F Rentals LLC
—
Trustees Deed
related
$135,000 · First Collinsville Bk
Nov 9, 2015
$616,000
Tejada & Associates INC
First Collinsville Bk
Grant Deed
related
—
Oct 5, 2011
—
Tejada & Associates INC
—
Trustees Deed
related
$107,700 · First Collinsville Bank
Oct 14, 2005
—
Tejada & Associates INC
—
Trustees Deed
related
$5,249 · First Collinsville Bank
Aug 30, 2004
$174,000
Tejada & Associates INC
Bloemker,allan & Carol L
Warranty Deed
$147,500 · First Collinsville Bank
—
—
V & F Rentals LLC
—
Loan Modification
related
$99,882 · Fcb Bk
—
—
V & F Rentals LLC
—
Deed Of Trust
related
$48,813 · First Collinsville Bk
—
—
V & F Rentals LLC
—
Deed Of Trust
related
$48,398 · First Collinsville Bk
—
—
V & F Rentals LLC
—
Deed Of Trust
related
$99,882 · First Collinsville Bk
—
—
Tejada & Associates INC
—
Deed Of Trust
related
$134,422 · First Collinsville Bank
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.
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