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

    122 Illinois St Monticello, IN 47960-2058

    • Theaters & concert halls
    • 19,344 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US31-1538073
    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

    • Theaters & concert halls

    Property Details for 122 Illinois St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    19,344 SF
    Property type
    Theaters & concert halls
    APN
    91-73-33-000-135.200-021
    APU
    917333000135200021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    White
    State
    Indiana
    Longitude
    -86.7638
    Latitude
    40.7459

    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
    $0.00
    $8,400
    $274,900
    $283,300
    -
    $8,400
    $274,900
    $283,300

    Comparable in this City

    • Value Estimation by Request
      6,162 SF

      1100 Poplar Dr

      THEATER (MOVIE) • 6,162 SF
      1100 Poplar Dr, Monticello, IN 47960-1669
      View Details
    • Value Estimation
      $340,000
      6,935 SF

      301 Bch Dr

      THEATER (MOVIE) • 6,935 SF
      301 Bch Dr, Monticello, IN 47960-1706
      View Details
    • Value Estimation by Request
      5,648 SF

      2015 325th N

      THEATER (MOVIE) • 5,648 SF
      2015 325th N, Monticello, IN 47960-7614
      View Details
    • Value Estimation by Request
      9,425 SF

      543 Main St

      THEATER (MOVIE) • 9,425 SF
      543 Main St, Monticello, IN 47960-2473
      View Details
    • Value Estimation by Request
      15,774 SF

      1010 Washington St

      THEATER (MOVIE) • 15,774 SF
      1010 Washington St, Monticello, IN 47960-2077
      View Details
    • Value Estimation
      $320,000
      7,262 SF

      570 Maple St

      THEATER (MOVIE) • 7,262 SF
      570 Maple St, Monticello, IN 47960-2468
      View Details

    Similar Nearby for Sale

    • $239,999
      0.44 Acres

      Lake Shafer Residential Land Opportunity

      Lakefront lot to build a custom home with water views.
      2055 Deepwater Lot 15 Loop, Monticello, IN 47960
      View Details
    • $625,000
      9.43 Acres

      Lake Shafer Residential Land

      9.43 acres with 1,200 feet of waterfrontage on Lake Shafer.
      East Shafer Dr, Indiana Beach, IN 47960
      View Details
    • $745,000
      5.40 Acres

      Monticello Self-Storage Investment Opportunity

      60-unit self-storage facility on 5.4 acres with expansion potential.
      1626 N State Road 39, Monticello, IN 47960
      View Details
    • $30,000

      Land with Well and Septic

      Land totaling 0.419 acres with well and septic system.
      Tbd St Rd 119 Hwy, Monticello, IN 47960
      View Details
    • $229,999
      0.30 Acres

      Lake Shafer Residential Land Opportunity

      Lakefront lots for custom homes with utilities and lake access.
      2085 Deepwater Lot 10 Loop, Monticello, IN 47960
      View Details
    • $69,999
      0.31 Acres

      Residential Land with Lake Access

      Interior lot with shared access to Lake Shafer.
      2127 Deepwater Lot 3 Loop, Monticello, IN 47960
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,827 SF

      Downtown Monticello Office Space

      1,827 SF office space for rent in Monticello.
      116 Constitution Plz, Monticello, IN 47960
      View Details
    • $18 SF/Yr
      2,440 SF

      Downtown Retail & Office Space

      Retail and office space in downtown Lafayette with prime frontage.
      623 S Main St, Monticello, IN 47960
      View Details
    • $2,500 /Mo
      4,260 SF

      Monticello Restaurant/Bar Opportunity

      4,260 SF restaurant/bar space available for rent in Monticello.
      912 S Main St, Monticello, IN 47960
      View Details
    • $8 SF/Yr
      11,100 SF

      R&J Plaza: Monticello Retail Space

      High-exposure retail space available in prime location.
      1017 6Th St, Monticello, IN 47960
      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.
    122 Illinois St
    Monticello, IN 47960-2058
    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.