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    Property profile & analytics

    1228 Main St Washington, IL 61571

    • Commercial land
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2807010
    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

    • Commercial land

    Property Details for 1228 Main St

    Lot size
    0.02 lot acres
    Property type
    Commercial land
    APN
    02-02-26-200-008
    APU
    20226200008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4069
    Latitude
    40.6896
    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
    $28
    $360
    $0.00
    $360
    -
    $1,080
    $0.00
    $1,080

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      303 Main St, Unit 305

      VACANT COMMERCIAL LAND • 0.20 Acres
      303 Main St, Washington, IL 61571-2558
      View Details
    • Value Estimation by Request
      0.60 Acres

      Mt Vernon

      VACANT COMMERCIAL LAND • 0.60 Acres
      Mt Vernon, Washington, IL 61571
      View Details
    • Value Estimation by Request
      0.01 Acres

      24304 Spg Crk Rd

      VACANT COMMERCIAL LAND • 0.01 Acres
      24304 Spg Crk Rd, Washington, IL 61571-9654
      View Details
    • Value Estimation by Request
      0.72 Acres

      1938 Washington Rd

      VACANT COMMERCIAL LAND • 0.72 Acres
      1938 Washington Rd, Washington, IL 61571
      View Details
    • Value Estimation by Request
      0.14 Acres

      1500 Washington Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
      1500 Washington Rd, Washington, IL 61571-2260
      View Details
    • Value Estimation by Request
      0.30 Acres

      Wilmor Rd Ofc Of

      VACANT COMMERCIAL LAND • 0.30 Acres
      Wilmor Rd Ofc Of, Washington, IL 61571
      View Details

    Similar Nearby for Sale

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    • $850,000
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      Commercial land for sale with high traffic volume.
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    • $156,816

      0.90 Acre Commercial Land Parcel

      Level, commercially zoned land parcel with high visibility and traffic.
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      0.72 acre commercial lot in a busy location.
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    Similar Nearby for Lease

    • $14 SF/Yr
      8,916 SF

      Class A Office Building, Washington, IL

      8,916 sq ft, 1.84 acres, NNN lease
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    • Contact for pricing

      Prime Washington, IL Commercial Land

      Outlots & acreage for lease/sale
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    • $12 SF/Yr
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      Prime Washington Retail Space

      14,000 SF Strip Center, 2 Suites Available
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      View Details
    • $8 SF/Yr
      100,675 SF

      Cherry Tree Shopping Center Retail Space

      High-traffic retail space, multiple suites available.
      0 Cherry Tree Shopping Ctr, Washington, IL 61571
      View Details
    • $15 SF/Yr
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      Retail Space Near Walmart

      Retail space available in multi-tenant strip center.
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    • $12 SF/Yr
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      Retail Suites in Cherry Tree Center

      Retail suites available in busy Washington, IL shopping center.
      6-64 Cherry Tree Shopping Ctr, Washington, IL 61571
      View Details
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    1228 Main St
    Washington, IL 61571
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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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