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Property profile & analytics
OFF-MARKET
Commercial real estate
824 Dixie Hwy Hoopeston, IL 60942-1903
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-3388115
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.9 ac (39,204 SF)
APN
03-11-300-006
UPID
US28-3388115
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
-
McDonald's Restaurant Take-out & Catering
-
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
Schep Properties Limited · 10 yrs held
Schep Properties Limited
since 2015
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 Hoopeston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoopeston 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
$38,862
Tax year 2023
Assessed value
$379,093
Assessed 2023
Previous assessed
$353,038
+7.4% YoY
Effective rate
10.25%
On assessed value
Assessed land
$64,117
Assessed improvement
$314,976
Land market value
$192,351
Improvement market value
$944,928
Total market value
$1,137,279
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
Heating
NONE
Lot
0.9 ac (39,204 SF)
APN
03-11-300-006
UPID
US28-3388115
Jurisdiction
VERMILION
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
0.9 ac
Current owner
From public records · entity-resolved
Schep Properties Limited
Entity
Mailing address
4939 W RAY RD STE #4, CHANDLER, AZ 85226-2099
Ownership since
2015
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
Feb 9, 2023
—
Ffiv Dixie Highway 824-830 LLC
—
Deed
related
$500,000 · Winpro Dixie Hwy LLC
Jun 17, 2021
—
Ffiv Dixie Highway 824 830 LLC
—
Deed
related
$917,000 · First Western Trust Bank
Sep 30, 2015
$1,180,000
Schep Properties Limited
Busey Trust Company
Deed
$1,050,000 · Busey Bank
Jun 6, 2013
—
Busey Trust Co
Tatman Family LLC
Warranty Deed
—
Jan 14, 2011
$360,000
Tatman Family LLC
Hoopeston Shell LLC
Warranty Deed
—
Nov 26, 2008
—
Hoopeston Shell LLC
Drew Ley INC
Warranty Deed
—
Aug 11, 2005
$615,000
Drew Ley Incorporated
Hoopeston Shell LLC
Warranty Deed
—
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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