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    Property profile & analytics

    1026 Welkins St Mount Vernon, IL 62864-5464

    • Commercial land
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 15, 2025
    Location Intelligence
    Property ID
    US28-4466963
    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

    • Commercial land

    Property Details for 1026 Welkins St

    Property type
    Commercial land
    APN
    07-32-251-004
    APU
    732251004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.896
    Latitude
    38.3074
    CBSA code
    34500
    CBSA name
    MOUNT VERNON, 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
    2021
    $317
    $3,422
    $0.00
    $3,422
    -
    $10,266
    $0.00
    $10,266

    Comparable in this City

    • Value Estimation by Request

      320 Broadway St

      VACANT COMMERCIAL LAND
      320 Broadway St, Mount Vernon, IL 62864-5116
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      0.32 Acres

      1407 1501

      VACANT COMMERCIAL LAND • 0.32 Acres
      1407 1501, Mount Vernon, IL 62864
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      1601 10th St

      VACANT COMMERCIAL LAND
      1601 10th St, Mount Vernon, IL 62864-5503
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      301 13th St

      VACANT COMMERCIAL LAND
      301 13th St, Mount Vernon, IL 62864-3703
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    • Value Estimation by Request

      Mount

      VACANT COMMERCIAL LAND
      Mount, Vernon, IL 62864
      View Details
    • Value Estimation by Request
      0.44 Acres

      215 Broadway St N N Lot

      VACANT COMMERCIAL LAND • 0.44 Acres
      215 Broadway St N N Lot, Mount Vernon, IL 62864-5114
      View Details

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    Similar Nearby for Lease

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    1026 Welkins St
    Mount Vernon, IL 62864-5464
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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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