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    206 South St Plano, IL 60545

    • Land
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 206 South St

    Lot size
    0.33 lot acres
    Property type
    Land

    Description

    This exceptional 0.33-acre commercial land parcel, located at 206 W South St, Plano, IL 60545 (APN 01-27-127-002), presents a unique investment opportunity. Situated on a hard corner with high visibility, this property boasts prime frontage on Route 34, benefiting from heavy traffic flow and a signalized intersection. Zoned B2 - Retail, it's immediately available for development. Its location offers easy access to the historic downtown Plano area, placing it within walking distance of a vibrant mix of restaurants, bars, and shops. This ensures a strong potential customer base for any retail venture. The property's strategic location within a community known for its historic charm and regular community events makes it an attractive site for businesses seeking a thriving, friendly environment. The asking price is $199,000. Don't miss this chance to establish your business in a highly desirable Plano 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
    Plano
    County
    Kendall
    State
    Illinois
    Longitude
    -88.5391
    Latitude
    41.6607

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    • Contact for pricing
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    Similar Nearby for Lease

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    206 South St
    Plano, IL 60545
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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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