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    13394 State Rte 78 Hwy Havana, IL 62644

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 13394 State Rte 78 Hwy

    Property type
    Land

    Description

    This exceptional 1.08-acre commercial property presents a multitude of development possibilities. Situated just south of Havana, Illinois, on State Route 78 near Matanzas Beach, this strategically located parcel offers significant advantages. The property includes a 56x36-foot block building, equipped with two overhead doors for easy access and efficient material handling. Inside, you'll find a functional layout incorporating office space, ample storage, and a bathroom. The building also features a gas blower suspended space heater for climate control and a floor drain for convenient cleanup. A newer well pump ensures reliable water supply. The property boasts plenty of parking space to accommodate customers and employees. Beyond the building, a portion of the land is wooded, adding to its unique character and potential for landscaping or natural aesthetic enhancement. This versatile property is priced affordably at $48,800, making it an attractive investment opportunity for entrepreneurs and developers alike. Don't miss this chance to acquire a prime commercial property 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
    Havana
    County
    Mason
    State
    Illinois
    Longitude
    -90.0936
    Latitude
    40.2514

    Comparable in this City

    • Value Estimation by Request

      200

      Land
      0 200, Havana, IL 62644
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    • Value Estimation by Request

      115 Schrader St

      Retail properties
      115 Schrader St, Havana, IL 62644
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    • Value Estimation by Request

      Havana, IL 62644

      COMMERCIAL (GENERAL)
      Havana, IL 62644
      View Details
    • Value Estimation by Request

      Havana, IL 62644

      COMMERCIAL (GENERAL)
      Havana, IL 62644
      View Details
    • Value Estimation by Request
      1.17 Acres

      Havana, IL 62644

      COMMERCIAL (GENERAL) • 1.17 Acres
      Havana, IL 62644
      View Details
    • Value Estimation by Request
      4.40 Acres

      Havana, IL 62644

      COMMERCIAL (GENERAL) • 4.40 Acres
      Havana, IL 62644
      View Details

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    13394 State Rte 78 Hwy
    Havana, IL 62644
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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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