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    Property profile & analytics

    533 Brad Ct Hanna City, IL 61536-9591

    • Commercial real estate
    • 3.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1678519
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 533 Brad Ct

    Lot size
    3.80 lot acres
    Property type
    Commercial real estate
    APN
    16-10-202-011
    APU
    1610202011

    Description

    This exceptional 5,348 square foot multifamily property in Hanna City, Illinois, presents a compelling investment opportunity. Situated on a spacious 3.88-acre lot, the property boasts 10 units, each equipped with restrooms, and two units featuring showers. A fully equipped shared kitchen, complete with a new hood, caters to residents' needs. Convenience is further enhanced by an on-site shared laundry facility and a full-service hair salon. The property also includes a partially unfinished basement offering ample storage space. Recent upgrades include a new sprinkler system throughout the building, along with a comprehensive camera system and a backup generator for peace of mind. The property is zoned R3 Multi-Family Residential, ensuring its suitability for its current use and future development. Well-maintained and offering immediate income potential, this property is ideally located near Wildlife Prairie Park and Jubilee College State Park, providing residents with access to outdoor recreation and a tranquil environment. The asking price is $500,000. This is a rare opportunity to acquire a profitable and well-equipped senior and student housing complex in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanna City
    County
    Peoria
    State
    Illinois
    Longitude
    -89.8015
    Latitude
    40.6964
    CBSA code
    37900
    CBSA name
    PEORIA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,240
    $20,200
    $77,450
    $97,650
    -
    $60,600
    $232,350
    $292,950

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

      109 2nd St

      COMMERCIAL (GENERAL) • 0.57 Acres
      109 2nd St, Hanna City, IL 61536
      View Details
    • Value Estimation
      $1,170,000
      6.87 Acres

      700 Runkle St

      COMMERCIAL (GENERAL) • 6.87 Acres
      700 Runkle St, Hanna City, IL 61536-9598
      View Details
    • Value Estimation
      $295,000
      0.86 Acres

      123 Ss St

      COMMERCIAL (GENERAL) • 0.86 Acres
      123 Ss St, Hanna City, IL 61536
      View Details
    • Value Estimation by Request

      Main St

      COMMERCIAL (GENERAL)
      Main St, Hanna City, IL 61536
      View Details
    • Value Estimation by Request

      121 Eden Rd

      COMMERCIAL (GENERAL)
      121 Eden Rd, Hanna City, IL 61536
      View Details
    • Value Estimation by Request
      3.69 Acres

      8921 Farmington Rd

      COMMERCIAL (GENERAL) • 3.69 Acres
      8921 Farmington Rd, Hanna City, IL 61536
      View Details
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    533 Brad Ct
    Hanna City, IL 61536-9591
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    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
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