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    Property profile & analytics

    16 Lorena Ave Wood River, IL 62095

    • Office Properties & Spaces
    • 1,950 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Last Sale
    May 03, 2023
    Location Intelligence
    Property ID
    US28-1720909
    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

    • MERLE C. BASSETT / Criminal Justice Attorney / Estate Planning Attorney
    • Bassett & Gabriel Law Office, P.C. / Estate Planning Attorney / Criminal Justice Attorney

    Property Details for 16 Lorena Ave

    Year built
    1965
    Lot size
    0.14 lot acres
    Property size
    1,950 SF
    Property type
    Office Properties & Spaces
    APN
    19-2-08-28-08-204-013
    APU
    192082808204013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wood River
    County
    Madison
    State
    Illinois
    Longitude
    -90.0987
    Latitude
    38.8616
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-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
    2022
    $3,511
    $9,600
    $29,970
    $39,570
    -
    $28,829
    $90,000
    $118,829

    Comparable in this City

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      $160,000
      1,976 SF

      975 Edwardsville Rd

      OFFICE (GENERAL) • 1,976 SF
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      View Details
    • Value Estimation
      $265,000
      3,716 SF

      1075 Harrison St

      OFFICE (GENERAL) • 3,716 SF
      1075 Harrison St, Wood River, IL 62095-1867
      View Details
    • Value Estimation
      $260,000
      1,066 SF

      332 Central Ave

      OFFICE (GENERAL) • 1,066 SF
      332 Central Ave, Wood River, IL 62095-1822
      View Details
    • Value Estimation by Request
      8,042 SF

      843 Edwardsville Rd

      OFFICE (GENERAL) • 8,042 SF
      843 Edwardsville Rd, Wood River, IL 62095
      View Details
    • Value Estimation
      $400,000
      7,236 SF

      329 Madison Ave

      OFFICE (GENERAL) • 7,236 SF
      329 Madison Ave, Wood River, IL 62095
      View Details
    • Value Estimation
      $115,000
      2,560 SF

      21 Acton Ave

      OFFICE (GENERAL) • 2,560 SF
      21 Acton Ave, Wood River, IL 62095-1918
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail space available in high-traffic shopping center anchored by Walmart.
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      Retail Space in Wood River

      Versatile retail space with ample parking and flexible layout.
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      View Details
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    16 Lorena Ave
    Wood River, IL 62095
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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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