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    Railroad Dunfermline, IL 61524

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Railroad

    Property type
    Land

    Description

    This half-acre lot in Dunfermline, Illinois, presents a fantastic opportunity for gardening enthusiasts or those seeking a buildable parcel. Located at 0 Railroad, Dunfermline, IL 61524, this property offers convenient access to city water, situated directly across the road. Sewer access is available on the west side of the property. The asking price is an attractive $5,000. This property is ideal for those looking to cultivate a garden, build a small structure, or simply own a piece of land in a peaceful Illinois town. The address is precisely 0 Railroad, Dunfermline, IL 61524, with GPS coordinates of 40.4901302 latitude and -90.0306115 longitude. The property is classified as vacant land and is ready for its next owner to develop their vision. Given its size and location, this represents a compelling value proposition for those seeking a manageable and affordable land investment in Fulton County, Illinois. The property's location offers a blend of rural tranquility and proximity to essential services. Serious inquiries are encouraged.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dunfermline
    County
    Fulton
    State
    Illinois
    Longitude
    -90.0306
    Latitude
    40.4901

    Comparable in this City

    • Value Estimation by Request

      316 Ctr St

      COMMERCIAL (GENERAL)
      316 Ctr St, Dunfermline, IL 61524-9700
      View Details
    • Value Estimation by Request
      0.64 Acres

      102 Fulton St

      COMMERCIAL (GENERAL) • 0.64 Acres
      102 Fulton St, Dunfermline, IL 61524
      View Details
    • Value Estimation by Request

      132 Fulton St

      COMMERCIAL (GENERAL)
      132 Fulton St, Dunfermline, IL 61524
      View Details
    • Value Estimation by Request
      0.35 Acres

      Dunfermline, IL 61524

      COMMERCIAL (GENERAL) • 0.35 Acres
      Dunfermline, IL 61524
      View Details
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    Railroad
    Dunfermline, IL 61524
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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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