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    Property profile & analytics

    140 Lewis Park Dr Mt Zion, IL 62549-1202

    • Commercial real estate
    • 1.94 lot acres
    OFF-MARKET
    Value Estimation
    $755,000
    Last Sale
    Jan 04, 2022
    $750,000
    Location Intelligence
    Property ID
    US28-5765332
    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

    • Askew Marketing Group / Marketing Consultant

    Property Details for 140 Lewis Park Dr

    Year built
    1978
    Lot size
    1.94 lot acres
    Zone code
    MUNICIPAL
    Property type
    Commercial real estate
    APN
    12-17-03-104-056
    APU
    121703104056

    Description

    This exceptional 25,000-square-foot industrial facility in Mount Zion, Illinois, presents a compelling investment opportunity. Located on nearly two acres (1.94 acres to be exact) at 140 Lewis Park Dr, 62549, this Class B building offers a versatile layout ideal for various industrial uses. Previously occupied by a construction company, the property boasts nine updated office spaces, a reception area, conference rooms, and an employee kitchen/break room. A fully built-out apartment on the upper floor provides additional space, potentially usable as living quarters or a showroom. The building features four overhead doors (two 10x10, one 12x12, and one 14x12) and ceiling heights ranging from 13 to 17 feet. An additional 138ft x 55ft workshop area with individual workspaces is also included. The red iron steel structure is in excellent condition, and the property benefits from fantastic curb appeal. The property is zoned for industrial use and is offered for sale at $875,000. This single-tenant, two-story building presents a rare opportunity in a growing area with new developments nearby. The property's features include a combination of distribution, flex, and warehouse space, making it suitable for a wide range of businesses. The parcel number is 12-17-03-104-056.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $715,000
      6.5%
      $695,000
      7%
      $735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $690,000
      Geo Method
      $820,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $835,000
      Retail
      $820,000
      Mixed-Use
      $715,000
      Hospitality
      $980,000
      Educational
      $770,000
      Residential Income
      $795,000
      Energy
      $970,000
      Income-Based Land
      $885,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Mt Zion
    County
    Macon
    State
    Illinois
    Longitude
    -88.8685
    Latitude
    39.7833
    CBSA code
    19500
    CBSA name
    DECATUR, 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
    $8,179
    $33,914
    $66,244
    $100,158
    -
    $101,752
    $198,752
    $300,504

    Comparable in this City

    • Value Estimation
      $235,000
      0.19 Acres

      Mt

      COMMERCIAL (GENERAL) • 0.19 Acres
      Mt, Zion, IL 62549
      View Details
    • Value Estimation
      $290,000
      0.47 Acres

      1315 State Rte 121

      COMMERCIAL (GENERAL) • 0.47 Acres
      1315 State Rte 121, Mt Zion, IL 62549-1225
      View Details
    • Value Estimation
      $230,000
      1,704 SF

      1335 Rte 121

      COMMERCIAL (GENERAL) • 1,704 SF
      1335 Rte 121, Mt Zion, IL 62549-1725
      View Details
    • Value Estimation
      $395,000
      0.28 Acres

      650 Emerald Ave

      COMMERCIAL (GENERAL) • 0.28 Acres
      650 Emerald Ave, Mt Zion, IL 62549-1882
      View Details
    • Value Estimation
      $235,000
      0.45 Acres

      505 State Rte 121

      SHOW ROOM, WAREHOUSE • 0.45 Acres
      505 State Rte 121, Mt Zion, IL 62549-1516
      View Details
    • Value Estimation
      $310,000
      0.35 Acres

      205 Debby Dr

      SHOW ROOM, WAREHOUSE • 0.35 Acres
      205 Debby Dr, Mt Zion, IL 62549-1209
      View Details

    Similar Nearby for Sale

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      7,500 SF

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      7,500 SF Medical Office, Owner/User
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      View Details
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    Mt Zion, IL 62549-1202
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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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