Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    201 W Shute St Newman, IL 61942

    For Sale
    Contact for pricing

    Land - Newman, IL

    Days on Market:
    189
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 201 W Shute St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    07063110600800

    Building Details

    Architectural style
    Other

    Keller Williams The Real Estate Center of Illinois, LLC (217) 356-6100 [email protected]

    Listing agent Caryn Happ (217) 356-6100 License #471022833

    Listing date Jun 2, 2025

    MLS# 11932170 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land for Sale in Newman

    This land is available for constructing a home in Newman, Illinois. A residence in Newman offers a distinctive and rewarding small-town lifestyle. Newman is located approximately 20 minutes from Tuscola, providing access to additional amenities and resources. The property is located at 201 W Shute Street, Newman, IL 61942.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Auto Repair Shop Food Market Grocery Store Convenience Store Electrical Service Pawn Shop Nursing Home Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newman
    County
    Douglas
    State
    Illinois
    Longitude
    -87.985858
    Latitude
    39.80144

    Nearby Similar for Sale

    • $240,000
      2,173 SF

      Established Restaurant Business Opportunity

      Well-established restaurant for sale with equipment and highway frontage.
      2578 E Us Highway 36, Newman, IL 61942
      View Details
    • Contact for pricing
      65,383 SF

      Redevelopment Opportunity in Newman, Illinois

      65,383 SF warehouse/manufacturing facility on 6.58 acres for sale.
      2475 E Us Highway 36, Newman, IL 61942
      View Details
    • $299,900
      3,910 SF

      Profitable Newman Bar & Grill

      Established Bar/Restaurant, Great Location
      107 Yates St, Newman, IL 61942
      View Details

    FAQs

    What type of property is this?
    Land - Residential land available in Newman, Illinois, ideal for building a home.
    Where is this land located?
    The property is located at 201 W Shute St Newman, IL.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: - Opportunity to build a custom home.; - Located in Newman, offering a small-town lifestyle.; - Conveniently located 20 minutes from Tuscola.
    (217) 356-6100
    Request Owner's contact information
    201 W Shute St Newman, IL 61942
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 W Shute St
    Newman, IL 61942
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 W Shute St Newman, IL 61942
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.