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    Property profile & analytics

    120 Niles St Metamora, IL 61548

    • Turn key restaurants
    • 1,663 SF
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US28-2513028
    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

    • Turn key restaurants

    Property Details for 120 Niles St

    Year built
    1982
    Property size
    1,663 SF
    Property type
    Turn key restaurants
    APN
    09-20-204-001
    APU
    920204001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Metamora
    County
    Woodford
    State
    Illinois
    Longitude
    -89.3604
    Latitude
    40.7913
    CBSA code
    37900
    CBSA name
    PEORIA, 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
    $2,666
    $11,322
    $17,852
    $29,174
    -
    $33,966
    $53,556
    $87,522

    Comparable in this City

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      107 Partridge St

      RESTAURANT • 2,535 SF
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    • Value Estimation by Request
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      939 Mt Vernon St

      RESTAURANT • 4,050 SF
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    • Value Estimation by Request
      2,420 SF

      622 Mt Vernon St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,420 SF
      622 Mt Vernon St, Metamora, IL 61548-9822
      View Details
    • Value Estimation
      $400,000
      2.20 Acres

      901 Mt Vernon St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2.20 Acres
      901 Mt Vernon St, Metamora, IL 61548-9147
      View Details
    • Value Estimation by Request
      0.34 Acres

      107 Menard St

      TAKE-OUT RESTAURANT • 0.34 Acres
      107 Menard St, Metamora, IL 61548
      View Details

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    120 Niles St
    Metamora, IL 61548
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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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