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Property profile

122 Main St Colfax, IL 61728

OFF-MARKET
Other commercial real estate
Property ID
US28-1161110
2,528 SF Built 1899
Last sale Aug 2026 · $8,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of four individually offered commercial land lots at 122 E Main Street in Colfax, Illinois. The lots are described as being located within a centralized, established business area and are stated to be within a Tax Increment Financing (TIF) district. Public remarks indicate that public utilities are available to the parcels, supporting early site development planning. Under the COMMR zoning designation, the sites are described as suitable for a range of commercial uses,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$286
Tax billed · 2023
Assessed value$3k
Assessed land$694
Assessed improvement$2k
Effective rate9.35%

Value estimate

· Oct 2026
$90k
$81k – $99k
AI approach$75k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 507 recorded sales of this use type
Observed band · Q1–Q3$46 – $143
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMCLEAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.8
Storage Facility8.4
Bakery8.3

Location

122 Main St Colfax, IL 61728
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 Ctr, Colfax, IL 61728-8954 $30,000 Jan 2026 2,070 SF
109 Ctr, Colfax, IL 61728 $10,000 Jan 2025 1,980 SF
107 Ctr, Colfax, IL 61728 $10,000 Jan 2025 1,980 SF
120 Main, Colfax, IL 61728 $3,000 Dec 2023 2,500 SF
118 Main, Colfax, IL 61728 $3,000 Dec 2023 2,450 SF
109 Main, Colfax, IL 61728-9273 $165,000 Apr 2023 1,860 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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