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    1521 State Hwy 121 Allenville, IL 61951-6917

    • Commercial real estate
    • 4,608 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US28-3630989
    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 1521 State Hwy 121

    Year built
    2014
    Lot size
    0.46 lot acres
    Property size
    4,608 SF
    Property type
    Commercial real estate
    APN
    09-09-21-409-002
    APU
    90921409002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allenville
    County
    Moultrie
    State
    Illinois
    Longitude
    -88.5284
    Latitude
    39.556

    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
    $4,253
    $3,603
    $50,590
    $54,193
    -
    $10,809
    $151,770
    $162,579

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      Sullivan, IL 61951

      COMMERCIAL (GENERAL) • 0.46 Acres
      Sullivan, IL 61951
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      1,080 SF

      1001 Harrison St

      COMMERCIAL (GENERAL) • 1,080 SF
      1001 Harrison St, Sullivan, IL 61951-1747
      View Details
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      9,120 SF

      721 Jefferson St

      COMMERCIAL (GENERAL) • 9,120 SF
      721 Jefferson St, Sullivan, IL 61951-1749
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      720 SF

      Sullivan, IL 61951

      COMMERCIAL (GENERAL) • 720 SF
      Sullivan, IL 61951
      View Details
    • Value Estimation by Request

      Sullivan, IL 61951

      COMMERCIAL (GENERAL)
      Sullivan, IL 61951
      View Details
    • Value Estimation by Request
      2.94 Acres

      1370 Jonathan Crk Rd

      COMMERCIAL (GENERAL) • 2.94 Acres
      1370 Jonathan Crk Rd, Sullivan, IL 61951-6911
      View Details

    Similar Nearby for Sale

    • $125,000

      Commercial Lots in Sullivan, IL

      Four commercial lots ready for new construction in Sullivan, IL.
      114 N Fuller St, Sullivan, IL 61951
      View Details
    • New
      $699,000
      11.94 Acres

      Secluded Getaway Near Lake Shelbyville

      Off-grid cabin on 11.94 acres near Lake Shelbyville.
      974 County Road 1300E, Sullivan, IL 61951
      View Details
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    1521 State Hwy 121
    Allenville, IL 61951-6917
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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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