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    200 Main St Mason City, IL 62664

    • Commercial real estate
    For Sale
    View listing
    $149,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-4892558
    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

    • The Hot Spot (formerly City Video) featuring Elm Street Consignment / Tanning Salon / Consignment Shop
    • The Hot Spot -Mason City / Tanning Salon / Consignment Shop

    Property Details for 200 Main St

    Property type
    Commercial real estate
    APN
    20-07-235-003
    APU
    2007235003

    Description

    Prime Mason City, IL location! This exceptional opportunity includes a thriving, established business and a 6,500 square foot, two-story building on a prominent .20 acre lot at 200 S Main St, zip code 62664. The property boasts five rental units, generating consistent income. The main business has operated successfully for over 20 years under the same ownership, with a history spanning more than 40 years in the community. The sale includes all equipment, inventory, licenses (tobacco and tanning), website, online presence, and a full POS system. The current owner will provide comprehensive training and support to ensure a smooth transition. The building itself is valued at $69,000, while the business assets are priced at $80,000. This turnkey operation offers significant potential for growth and expansion, making it an ideal investment for a family or entrepreneur seeking a rewarding venture. The sale includes a UV tanning salon, sunless spray booth, airbrush tanning unit, red light therapy bed, vape store, CBD/hemp store, phone repair business (optional), and a consignment shop (60% ownership of inventory). The property features a security system, decorations, signage, and ample display cabinets, furniture, counters, and shelving. Serious inquiries only. Financials will be discussed with qualified buyers.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mason City
    County
    Mason
    State
    Illinois
    Longitude
    -89.6982
    Latitude
    40.2011

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $762
    $4,593
    $3,467
    $8,060
    -
    $13,779
    $10,401
    $24,180

    Comparable in this City

    • Value Estimation by Request

      Mason City, IL 62664

      COMMERCIAL (GENERAL)
      Mason City, IL 62664
      View Details
    • Value Estimation by Request
      0.01 Acres

      Mason City, IL 62664

      COMMERCIAL (GENERAL) • 0.01 Acres
      Mason City, IL 62664
      View Details
    • Value Estimation by Request

      Mason City, IL 62664

      COMMERCIAL (GENERAL)
      Mason City, IL 62664
      View Details
    • Value Estimation by Request
      0.02 Acres

      Mason City, IL 62664

      COMMERCIAL (GENERAL) • 0.02 Acres
      Mason City, IL 62664
      View Details
    • Value Estimation by Request

      Mason City, IL 62664

      COMMERCIAL (GENERAL)
      Mason City, IL 62664
      View Details
    • Value Estimation by Request
      0.06 Acres

      112 Chestnut St

      COMMERCIAL (GENERAL) • 0.06 Acres
      112 Chestnut St, Mason City, IL 62664-1404
      View Details
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    200 Main St
    Mason City, IL 62664
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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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