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    Property profile & analytics

    101 Mellinger Ave Carman, IL 61425

    • Warehouses
    • 4,440 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3697041
    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

    • Warehouses

    Property Details for 101 Mellinger Ave

    Year built
    1978
    Lot size
    2.20 lot acres
    Property size
    4,440 SF
    Property type
    Warehouses
    APN
    05-33-332-004
    APU
    533332004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carman
    County
    Henderson
    State
    Illinois
    Longitude
    -91.0871
    Latitude
    40.812
    CBSA code
    15460
    CBSA name
    BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA

    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
    $1,006
    $6,018
    $6,632
    $12,650
    -
    $18,054
    $19,896
    $37,950

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      733 Frnt St

      WAREHOUSE, STORAGE • 1,500 SF
      733 Frnt St, Carman, IL 61425
      View Details
    • Value Estimation
      $580,000
      1,500 SF

      121 Broadway St

      MANUFACTURING (LIGHT) • 1,500 SF
      121 Broadway St, Carman, IL 61425
      View Details
    • Value Estimation
      $370,000
      5,400 SF

      110 Scholer St

      MANUFACTURING (LIGHT) • 5,400 SF
      110 Scholer St, Carman, IL 61425
      View Details
    • Value Estimation
      $385,000
      3,203 SF

      100 Scholer St

      MANUFACTURING (LIGHT) • 3,203 SF
      100 Scholer St, Carman, IL 61425
      View Details
    • Value Estimation by Request

      119 Scholer St

      COMMERCIAL (GENERAL)
      119 Scholer St, Carman, IL 61425
      View Details
    • Value Estimation by Request
      1,513 SF

      128 Egan Rd

      COMMERCIAL (GENERAL) • 1,513 SF
      128 Egan Rd, Carman, IL 61425
      View Details
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    101 Mellinger Ave
    Carman, IL 61425
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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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