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    Property profile & analytics

    103 Main St Forreston, IL 61030

    • Retail properties
    • 2,178 SF
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Jan 17, 2025
    $55,000
    Location Intelligence
    Property ID
    US28-3155749
    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

    • Retail properties

    Property Details for 103 Main St

    Property size
    2,178 SF
    Property type
    Retail properties
    APN
    02-33-202-002
    APU
    233202002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forreston
    County
    Ogle
    State
    Illinois
    Longitude
    -89.5789
    Latitude
    42.126
    CBSA code
    40300
    CBSA name
    ROCHELLE, 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
    $797
    $2,590
    $6,443
    $9,033
    -
    $7,770
    $19,329
    $27,099

    Comparable in this City

    • Value Estimation by Request
      2,075 SF

      101 Main St

      DEPARTMENT STORE • 2,075 SF
      101 Main St, Forreston, IL 61030
      View Details
    • Value Estimation
      $280,000
      1,773 SF

      105 Main St

      DEPARTMENT STORE • 1,773 SF
      105 Main St, Forreston, IL 61030
      View Details
    • Value Estimation by Request
      1,890 SF

      107 Main St

      DEPARTMENT STORE • 1,890 SF
      107 Main St, Forreston, IL 61030-7707
      View Details
    • Value Estimation by Request
      4,680 SF

      301 Walnut Ave

      GAS STATION • 4,680 SF
      301 Walnut Ave, Forreston, IL 61030-9750
      View Details
    • Value Estimation
      $345,000
      4,125 SF

      209 Walnut Ave

      GAS STATION • 4,125 SF
      209 Walnut Ave, Forreston, IL 61030-9336
      View Details
    • Value Estimation by Request
      4,708 SF

      207 1st Ave

      GARDEN CENTER, HOME IMPROVEMENT • 4,708 SF
      207 1st Ave, Forreston, IL 61030-7705
      View Details

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    • Contact for pricing

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      Residential Lot in Desirable Forreston

      Vacant lot ready for your dream home with essential utilities.
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      Forreston Vacant Lot For Sale

      Vacant lot in Forreston with utilities, ready for construction.
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      Forreston Vacant Lot Ready to Build

      Vacant lot in Forreston with utilities, ready for construction.
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      Forreston Vacant Lot Opportunity

      Vacant lot in Forreston with utilities, ready for development.
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    103 Main St
    Forreston, IL 61030
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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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