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    Property profile & analytics

    1309 Allendale Blvd Chester, IL 62233-1319

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4008449
    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

    • Office Properties & Spaces

    Property Details for 1309 Allendale Blvd

    Property type
    Office Properties & Spaces
    APN
    18-071-002-00
    APU
    1807100200

    Description

    This exceptional 2011-constructed commercial property, located at 1309 Allendale Boulevard in Chester, Illinois, presents a unique investment opportunity. The building boasts a total of 2,104 square feet, thoughtfully divided into distinct areas to maximize functionality. The main retail space encompasses 1,120 square feet, perfect for showcasing merchandise or providing services. A substantial 576-square-foot workspace is situated at the rear, featuring a large door for convenient loading and delivery access. Adding to the versatility, a 408-square-foot loft area provides ample storage space. This property sits on a 0.26-acre lot, offering potential for expansion or outdoor use. Previously utilized as a florist and gift shop, the building showcases beautiful craftsmanship throughout. The property is priced at $149,000 and offers the attractive option of a 12-month lease-to-own agreement. Beyond its current commercial configuration, this property presents exciting possibilities for conversion into a residential dwelling, offering a flexible and adaptable space to suit a variety of needs and aspirations. The property's prime location and versatile design make it an exceptional investment opportunity.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Randolph
    State
    Illinois
    Longitude
    -89.8266
    Latitude
    37.9197

    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
    $2,371
    $4,780
    $28,975
    $33,755
    -
    $14,340
    $86,925
    $101,265

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    1309 Allendale Blvd
    Chester, IL 62233-1319
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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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