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    Property profile & analytics

    Main St Banner, IL 61520

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Main St

    Property type
    Land

    Description

    This auction presents a remarkable opportunity to acquire a 15,143 square foot residential lot situated at 153 East Main Street in Canton, Illinois, within Fulton County. Zoned for residential use, this 0.3476-acre property (Lot 22, Village/Utica Subdivision) offers significant potential. Located in Canton's vibrant downtown area, the property boasts prime visibility and accessibility to local amenities and attractions. The existing structure, while vacant, presents a chance for renovation and repurposing. This could include transforming it into a lucrative rental property, a unique commercial space, or a comfortable family home. The property's central location and versatile nature make it an attractive investment for both seasoned entrepreneurs and first-time buyers seeking a valuable opportunity in a thriving community. The auction, ending December 20, 2024, offers a chance to acquire this property at a potentially significant discount. The property's historic charm combined with its modern potential makes it a truly unique investment opportunity. Detailed property information, including legal descriptions (SECT/LOT: 22 BANNER), is available. The asking price is $12,895.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Banner
    County
    Fulton
    State
    Illinois
    Longitude
    -89.907
    Latitude
    40.5159

    Comparable in this City

    • Value Estimation by Request

      525 Linn St

      Office Properties & Spaces
      525 Linn St, Canton, IL 61520
      View Details
    • Value Estimation by Request

      26971 11Th Ave

      Land
      26971 11Th Ave, Canton, IL 61520
      View Details
    • Value Estimation by Request
      127.23 Acres

      Lake Rd

      Farms • 127.23 Acres
      0 Lake Rd, Canton, IL 61520
      View Details
    • Value Estimation by Request

      Canton, IL 61520

      INDUSTRIAL - VACANT LAND
      Canton, IL 61520
      View Details
    • Value Estimation by Request

      Canton, IL 61520

      INDUSTRIAL - VACANT LAND
      Canton, IL 61520
      View Details
    • Value Estimation by Request

      Canton, IL 61520

      VACANT COMMERCIAL LAND
      Canton, IL 61520
      View Details

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    Main St
    Banner, IL 61520
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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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