Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    120 Main St Georgetown, IL 61846-1852

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3027973
    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

    • fitcode / Design Agency / Service Establishment
    • C C Services Inc / Insurance Agency
    • Scott Crawford - COUNTRY Financial representative / Insurance Agency / Financial Planner

    Property Details for 120 Main St

    Property type
    Commercial real estate
    APN
    28-32-301-036
    APU
    2832301036

    Description

    This well-maintained, 1,092 square foot traditional office building is available for purchase at $149,000 ($136.45/sq ft). Located at 120 S Main St, Georgetown, IL 61846, this single-story, 1945-built property offers a convenient location within the Georgetown TIF District. The building features six parking spaces and includes a reception area, one office, one conference room, one break room, an air lock utility room, and two restrooms. The property is in excellent condition and is move-in ready. The current tenant will vacate on May 31, 2024, relocating to a new address in Tilton, IL. The building's strategic location benefits from an IDOT AADT of 5,200, making it suitable for a variety of uses, including office, medical, or retail businesses. The APN is 28-32-301-036. This presents a compelling opportunity for investors seeking a well-situated, immediately available commercial property in Vermilion County, Illinois. The property is ready for immediate occupancy by a new owner.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.6358
    Latitude
    39.9747
    CBSA code
    19180
    CBSA name
    DANVILLE, IL METROPOLITAN 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
    $2,428
    $11,745
    $14,968
    $26,713
    -
    $35,235
    $44,904
    $80,139

    Comparable in this City

    • Value Estimation by Request

      200 Ew St

      COMMERCIAL (GENERAL)
      200 Ew St, Georgetown, IL 61846-1732
      View Details
    • Value Estimation by Request
      0.17 Acres

      111 Ww St

      COMMERCIAL (GENERAL) • 0.17 Acres
      111 Ww St, Georgetown, IL 61846-1857
      View Details
    • Value Estimation by Request
      0.17 Acres

      204 Main St

      COMMERCIAL (GENERAL) • 0.17 Acres
      204 Main St, Georgetown, IL 61846-1854
      View Details
    • Value Estimation by Request

      1101 Main St

      COMMERCIAL (GENERAL)
      1101 Main St, Georgetown, IL 61846-1048
      View Details
    • Value Estimation by Request
      0.31 Acres

      600 Main St

      COMMERCIAL (GENERAL) • 0.31 Acres
      600 Main St, Georgetown, IL 61846-1467
      View Details
    • Value Estimation by Request
      0.07 Acres

      118 Main St

      COMMERCIAL (GENERAL) • 0.07 Acres
      118 Main St, Georgetown, IL 61846-1852
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Main St
    Georgetown, IL 61846-1852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.