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

    1406 Main St Fairfield, IL 62837-2328

    • Commercial land
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3558770
    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 1406 Main St

    Property type
    Commercial land
    APN
    22-50-034-008
    APU
    2250034008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Wayne
    State
    Illinois
    Longitude
    -88.3811
    Latitude
    38.3794

    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
    2022
    $350
    $3,622
    $0.00
    $3,622
    -
    $10,866
    $0.00
    $10,866

    Comparable in this City

    • Value Estimation by Request
      1.41 Acres

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND • 1.41 Acres
      Fairfield, IL 62837
      View Details
    • Value Estimation by Request

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND
      Fairfield, IL 62837
      View Details
    • Value Estimation by Request

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND
      Fairfield, IL 62837
      View Details
    • Value Estimation by Request

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND
      Fairfield, IL 62837
      View Details
    • Value Estimation by Request

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND
      Fairfield, IL 62837
      View Details
    • Value Estimation by Request

      Fairfield, IL 62837

      VACANT COMMERCIAL LAND
      Fairfield, IL 62837
      View Details

    Similar Nearby for Sale

    • $225,000
      3.00 Acres

      Commercial Land with Highway Frontage

      2.56 acres with buildings, ideal for restaurant, retail, venue.
      1500 Main St, Fairfield, IL 62837
      View Details
    • $30,000
      1.51 Acres

      Fairfield Vacant Land with Pond

      1.51 acres in a desirable school district with shared pond.
      1944 County Rd, Fairfield, IL 62837
      View Details
    • $304,000
      80.00 Acres

      80 Acres Hunting & Income Farm

      Income-producing hunting property near Fairfield, IL with CRP program.
      650N County Rd, Fairfield, IL 62837
      View Details
    • Contact for pricing
      80 SF

      Income-Producing Hunting and Recreation Tract

      80-acre hunting/recreation tract with CRP and oil production income.
      1 Fairfield Gdns, Fairfield, IL 62837
      View Details
    • $350,000
      39.00 Acres

      39 Acres in Fairfield, IL

      39-acre agricultural land with utilities and creek near Fairfield.
      1252 Il-15 Hwy, Fairfield, IL 62837
      View Details
    • $675,000
      2.40 Acres

      Fairfield Retail Center Investment

      10,000 SF Retail Center, 2 Tenants
      5 Williamson Dr, Fairfield, IL 62837
      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.
    1406 Main St
    Fairfield, IL 62837-2328
    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.