New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,220,000
Strip malls
900 Main St, East Peoria, IL 61611-3201
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-5913560
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1950
Total area
29,750 SF
Lot
2.31 ac (100,624 SF)
APN
01-01-32-407-001
UPID
US28-5913560
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
$3.22M
Owner & transaction history
Miller,gordon Trust · 7 yrs held
Miller,gordon Trust
since 2018
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 East Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Peoria 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,325,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,640,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,485,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,255,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.22M
Range $2.90M – $3.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
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
$19,530
Tax year 2023
Assessed value
$201,750
Assessed 2023
Previous assessed
$201,750
+0.0% YoY
Effective rate
9.68%
On assessed value
Assessed land
$52,350
Assessed improvement
$149,400
Land market value
$157,050
Improvement market value
$448,200
Total market value
$605,250
Applied tax rate
1,013.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1950
Heating
NONE
Stories
1
Units
2
Total area
29,750 SF
Lot
2.31 ac (100,624 SF)
APN
01-01-32-407-001
UPID
US28-5913560
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Units
2
Lot
2.31 ac
Current owner
From public records · entity-resolved
Miller,gordon Trust
Trust
Mailing address
2445 WHITE OAK PL, DANVILLE, CA 94506-2039
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2018
$3,460,700
Miller,gordon Trust
Mend Ep LLC
Grant Deed
$1,800,000 · Miscellaneous Ins Co
Dec 18, 2017
$575,000
Mend Ep LLC
Lsar LLC
Grant Deed
$1,600,000 · Hickory Pt Bk&tr
Sep 30, 2015
—
Lsar LLC
Pitcher,r Scott
Warranty Deed
—
Jul 20, 2004
$725,000
R S Pitcher
Windom,preston B
Grant Deed
$580,000 · Morton Community Bank
Jul 14, 1999
$550,000
Preston Windom
Abraham,josph G
Grant Deed
$385,000 · National City Bank Michigan
—
—
Joseph G Abraham
—
Deed Of Trust
related
$380,000 · First Capital Bank NA
—
—
R Scott Pitcher
—
Deed Of Trust
related
$551,414 · Morton Community Bank
—
—
Mend Ep LLC
—
Deed Of Trust
related
$400,000 · Hickory Pt Bk&tr
—
—
Preston Windom
—
Deed Of Trust
related
$75,000 · Central Tool & Equipment Corp
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?”
You own 900 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
