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    Property profile & analytics

    15 Monroe Ave Villa Grove, IL 61956-1524

    • Commercial real estate
    • 1,875 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5151663
    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 15 Monroe Ave

    Year built
    1920
    Lot size
    0.04 lot acres
    Property size
    1,875 SF
    Property type
    Commercial real estate
    APN
    04-03-10-221-01100
    APU
    4031022101100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Villa Grove
    County
    Douglas
    State
    Illinois
    Longitude
    -88.1606
    Latitude
    39.8619

    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
    $695
    $188
    $8,278
    $8,466
    -
    $564
    $24,834
    $25,398

    Comparable in this City

    • Value Estimation by Request
      1,968 SF

      17 Main St

      COMMERCIAL (GENERAL) • 1,968 SF
      17 Main St, Villa Grove, IL 61956-1522
      View Details
    • Value Estimation by Request
      4,976 SF

      3 Sycamore St

      COMMERCIAL (GENERAL) • 4,976 SF
      3 Sycamore St, Villa Grove, IL 61956-1541
      View Details
    • Value Estimation by Request
      7,881 SF

      4 Sycamore St

      COMMERCIAL (GENERAL) • 7,881 SF
      4 Sycamore St, Villa Grove, IL 61956-1533
      View Details
    • Value Estimation by Request
      4,270 SF

      6 Main St

      COMMERCIAL (GENERAL) • 4,270 SF
      6 Main St, Villa Grove, IL 61956-1517
      View Details
    • Value Estimation
      $240,000
      17,074 SF

      Villa Grove, IL 61956

      COMMERCIAL (GENERAL) • 17,074 SF
      Villa Grove, IL 61956
      View Details
    • Value Estimation
      $230,000
      3,085 SF

      10 Adams Ave

      COMMERCIAL (GENERAL) • 3,085 SF
      10 Adams Ave, Villa Grove, IL 61956-1513
      View Details

    Similar Nearby for Sale

    • $355,000

      Retail Property in Villa Grove

      Retail property for sale in Villa Grove, Illinois.
      701 S Sycamore St, Villa Grove, IL 61956
      View Details
    • Contact for pricing

      Land in Villa Grove Subdivision

      Large lot in Villa Grove's newest subdivision, covenants available.
      41 Possum Trl, Villa Grove, IL 61956
      View Details
    • New
      Contact for pricing
      Pending

      Residential Lot in Villa Grove

      Residential lot in a quiet, small-town setting.
      611 S Spruce St, Villa Grove, IL 61956
      View Details
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    15 Monroe Ave
    Villa Grove, IL 61956-1524
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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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