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    215 Main St Lawndale, IL 61751

    • Commercial real estate
    For Sale
    View listing
    $8,999
    Value Estimation
    Location Intelligence
    Property ID
    US28-3925755
    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 215 Main St

    Property type
    Commercial real estate
    APN
    08-706-004-00

    Description

    This exceptional 0.16-acre commercial/industrial/residential land parcel presents a unique investment opportunity in Lawndale, Illinois. Located at 215 Main Street, this property boasts 50 feet of frontage on Main Street, offering excellent visibility and accessibility. Its prime location is just three blocks from the historic Route 66 and conveniently situated between Atlanta and Lincoln, Illinois, approximately 10 miles from Lincoln. The property is zoned for Residential Medium Density and includes ample parking for 10 vehicles. The lot measures 50 feet wide by 165 feet deep. Utilities are available (buyer to verify). The asking price is $8,999, translating to $1.25 per square foot. This fee-simple ownership offers flexibility for various development possibilities. All cash offers will receive a written response within 24 hours. Owner financing may be considered. The property's APN is 08-706-004-00. The property is two blocks from Kickapoo Creek. This is a rare opportunity to acquire land near a historic landmark in a central Illinois 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
    Lawndale
    County
    Logan
    State
    Illinois
    Longitude
    -89.282588124968
    Latitude
    40.219413431177
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    215 Main St
    Lawndale, IL 61751
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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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