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Property profile & analytics
OFF-MARKET
Retail space
98 Madison St Mackinaw, IL 61755
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0989120
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
594 SF
Lot
0.02 ac (871 SF)
APN
13-13-17-121-027
UPID
US28-0989120
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
-
Jake's Barber shop Mackinaw il Barber Shop
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
John Jacob Gill · 2 yrs held
John Jacob Gill
since 2024
Last sale
$65,000
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 Mackinaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mackinaw 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
$1,321
Tax year 2023
Assessed value
$16,070
Assessed 2023
Previous assessed
$16,070
+0.0% YoY
Effective rate
8.22%
On assessed value
Assessed land
$1,750
Assessed improvement
$14,320
Land market value
$5,250
Improvement market value
$42,960
Total market value
$48,210
Applied tax rate
13,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Units
1
Total area
594 SF
Lot
0.02 ac (871 SF)
APN
13-13-17-121-027
UPID
US28-0989120
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
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
John Jacob Gill
Individual
Mailing address
98 E MADISON ST, MACKINAW, IL 61755
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 22, 2024
$65,000
John Jacob Gill
Bryon G Henneberg
Warranty Deed
$50,400 · First Security Bank
May 18, 2011
—
Bryon Henneberg
—
Trustees Deed
related
$30,000 · First Security Bank
Mar 7, 2005
$37,000
Bryon G Henneberg
Walcott,nathan A
Grant Deed
—
Jun 20, 2001
—
Nathan A Walcott
Morgan,darwin & Doris
Grant Deed
$25,200 · Bankplus Fsb
Mar 7, 1997
$27,000
Darwin D Morgan
Mackie,james
Grant Deed
$26,655 · First Security Bank
—
—
Nathan A Walcott
—
Deed Of Trust
related
$3,150 · Bankplus Fsb
—
—
Bryon Henneberg
—
Deed Of Trust
related
$30,000 · First Security Bank
—
—
Janet L Henneberg
—
Deed Of Trust
related
$10,000 · First Security 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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