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Property profile & analytics
FOR SALE
Commercial real estate
900 Blackhawk Blvd South Beloit, IL 61080
Trust Owned
9-yr Hold
Free & Clear
Property ID
US28-1437495
For Sale
1 / 16
$310,000
900 Blackhawk Blvd, South Beloit, IL 61080
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Total area
780 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CR
APN
04-07-234-015
UPID
US28-1437495
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
-
Got Slots Arcade & Gaming Center (Bike/Boat/Book/etc) 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
Marinelli Living Trust · 9 yrs held
Marinelli Living Trust
since 2016
7 recorded transactions
Zoning & alternative use
CR · South Beloit, IL
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 South Beloit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Beloit 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
$1,686
Tax year 2023
Assessed value
$20,333
Assessed 2023
Previous assessed
$18,576
+9.5% YoY
Effective rate
8.29%
On assessed value
Assessed land
$3,023
Assessed improvement
$17,310
Land market value
$9,069
Improvement market value
$51,930
Total market value
$60,999
Applied tax rate
190.0000
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
Year built
1930
Heating
GAS
Stories
1
Total area
780 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CR
APN
04-07-234-015
UPID
US28-1437495
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR · South Beloit, IL
Zoning CR · permitted uses
CR · South Beloit, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Beloit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
GAS
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Marinelli Living Trust
Trust
Free & Clear · 9 yrs held
Mailing address
2342 S RIVERSIDE DR, BELOIT, WI 53511-2448
Ownership since
2016
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
Dec 27, 2016
—
Marinelli Living Trust
Marinelli,dennis & Kay M
Quit Claim Deed
related
—
Mar 7, 2012
$40,000
Dennis Marinelli
First American Cu
Grant Deed
—
Mar 21, 2011
—
First American Cu
Grover,j Anthony & Lynn M
Quit Claim Deed
related
—
Jan 22, 1997
$50,000
Grover J A
Burchfield,doloris M
Grant Deed
$45,000 · First American Cu
—
—
Anthony J Grover
—
Deed Of Trust
related
$48,000 · Blackhawk State Bank
—
—
J Anthony Grover
—
Deed Of Trust
related
$40,000 · Blackhawk State Bank
—
—
Dennis M Marinelli
—
Deed Of Trust
related
$50,000 · Gateway Community 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.
Try Rey
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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