Financial
Distress signals
Property profile

1502 Main St Shelbyville, IL 62565

OFF-MARKET
Other commercial real estate
Property ID
US28-3889157
1,504 SF 0.28 ac lot
Last sale Dec 2013
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-level office building was configured as a commercial duplex, with two sides sharing a kitchenette and bathroom. The property included a full renovation in 2014 covering HVAC, flooring, paint, and trim, and it added a digital sign. A replacement roof was added in 2017. It is located on W Main Street in Shelbyville’s commercial district with frontage along Route 16/128, and its office layout together with potential drive-through access provides flexibility for a range of commercial uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value$71k
Assessed land$15k
Assessed improvement$56k
Effective rate8.35%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Law Firm12.9
Spa & Massage12.4

Location

1502 Main St Shelbyville, IL 62565-1259
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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