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

    166 Ln St Equality, IL 62934

    • Office buildings
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4406512
    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

    • The Red Onion / American Restaurant / Seafood Restaurant

    Property Details for 166 Ln St

    Lot size
    0.25 lot acres
    Property type
    Office buildings
    APN
    04-002-086-04
    APU
    400208604

    Description

    This exceptional commercial property, located at 166 W Lane Street in Equality, Illinois, presents a compelling investment opportunity. Priced at $350,000, the property is classified as general commercial and offers significant potential for a variety of uses. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact and potentially easily managed space. Its location in Equality, Illinois provides access to a local market and offers potential for growth. The absence of detailed square footage information presents an opportunity for prospective buyers to conduct their own assessment and tailor the space to their specific business needs. This could include renovations or adaptations to suit a range of commercial ventures. The property's strategic location within Equality warrants further investigation into local demographics and market trends to fully understand its potential return on investment. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this property offers. The asking price reflects the potential value and the opportunity for a buyer to shape the future of this commercial space. This is a chance to acquire a property in a growing market, offering a blank canvas for entrepreneurial vision. Further information regarding zoning and permitted uses can be obtained through the appropriate local authorities.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Equality
    County
    Gallatin
    State
    Illinois
    Longitude
    -88.3431
    Latitude
    37.7334

    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
    $196
    $944
    $24,235
    $25,179
    -
    $2,832
    $72,705
    $75,537

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      211 Ln St

      OFFICE BUILDING • 0.04 Acres
      211 Ln St, Equality, IL 62934-1334
      View Details
    • Value Estimation by Request
      1.00 Acre

      230 238th W Ln St

      OFFICE BUILDING • 1.00 Acre
      230 238th W Ln St, Equality, IL 62934-1333
      View Details
    • Value Estimation by Request
      0.09 Acres

      170 Ln St

      OFFICE BUILDING • 0.09 Acres
      170 Ln St, Equality, IL 62934
      View Details
    • Value Estimation by Request
      0.11 Acres

      120 Ln St

      OFFICE BUILDING • 0.11 Acres
      120 Ln St, Equality, IL 62934-1331
      View Details
    • Value Estimation
      $215,000
      0.50 Acres

      183 Ln St

      OFFICE BUILDING • 0.50 Acres
      183 Ln St, Equality, IL 62934-1332
      View Details
    • Value Estimation by Request
      4.00 Acres

      Equality, IL 62934

      INDUSTRIAL (GENERAL) • 4.00 Acres
      Equality, IL 62934
      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.
    166 Ln St
    Equality, IL 62934
    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.