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

    1400 16th St Herrin, IL 62948-2552

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4859716
    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 real estate

    Property Details for 1400 16th St

    Property type
    Commercial real estate
    APN
    02-30-457-005
    APU
    230457005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Herrin
    County
    Williamson
    State
    Illinois
    Longitude
    -89.0286
    Latitude
    37.79
    CBSA code
    16060
    CBSA name
    CARBONDALE-MARION, 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
    $9,707
    $47,810
    $63,810
    $111,620
    -
    $143,430
    $191,430
    $334,860

    Comparable in this City

    • Value Estimation by Request

      Herrin, IL 62948

      COMMERCIAL (GENERAL)
      Herrin, IL 62948
      View Details
    • Value Estimation by Request

      Herrin, IL 62948

      COMMERCIAL (GENERAL)
      Herrin, IL 62948
      View Details
    • Value Estimation by Request

      Herrin, IL 62948

      COMMERCIAL (GENERAL)
      Herrin, IL 62948
      View Details
    • Value Estimation by Request
      2.00 Acres

      Patriot Ct At Rushing Dr

      COMMERCIAL (GENERAL) • 2.00 Acres
      Patriot Ct At Rushing Dr, Herrin, IL 62948
      View Details
    • Value Estimation by Request
      0.34 Acres

      Herrin, IL 62948

      COMMERCIAL (GENERAL) • 0.34 Acres
      Herrin, IL 62948
      View Details
    • Value Estimation by Request

      321 13th St

      COMMERCIAL (GENERAL)
      321 13th St, Herrin, IL 62948-3236
      View Details

    Similar Nearby for Sale

    • $120,000
      9,948 SF

      Herrin, IL Commercial Investment Opportunity

      High-Visibility Downtown Herrin Properties - Huge Potential!
      211 Park Ave, Herrin, IL 62948
      View Details
    • $250,000
      10,000 SF

      Downtown Herrin Commercial Building

      High-Income Potential, Prime Location
      221 Park Ave, Herrin, IL 62948
      View Details
    • $1,400,000
      24,000 SF

      Herrin, IL Commercial Gem

      Historic building, multiple income streams
      200 Park Ave, Herrin, IL 62948
      View Details
    • $1,600,000

      Herrin, IL Commercial Property

      Prime Commercial Land w/ Income
      116 Park Ave, Herrin, IL 62948
      View Details
    • $1,600,000
      6,600 SF

      Herrin Commercial Building - High ROI

      Three Businesses + Apartments, Prime Location
      116 Park Ave, Herrin, IL 62948
      View Details
    • $245,000

      Herrin, IL Commercial Property

      Prime Herrin location, excellent investment opportunity.
      1501 Park Ave, Herrin, IL 62948
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      60,000 SF

      Herrin, IL Warehouse Space

      60,000 SF Rail-Served Warehouse, 37 Acres
      2405 Herrin St, Herrin, IL 62948
      View Details
    • Contact for pricing
      65,176 SF

      Herrin Industrial Space Available

      263,123 SF industrial space with loading docks and drive-in doors.
      410 E Lyerla Dr, Herrin, IL 62948
      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.
    1400 16th St
    Herrin, IL 62948-2552
    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.