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

    1804 Janna Ln Sparta, IL 62286-3510

    • Apartment buildings
    OFF-MARKET
    Value Estimation
    $1,255,000
    Last Sale
    Sep 01, 2021
    $1,200,000
    Location Intelligence
    Property ID
    US28-3585895
    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

    • Apartment buildings

    Property Details for 1804 Janna Ln

    Property type
    Apartment buildings
    APN
    19-163-101-00
    APU
    1916310100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,120,000
      7%
      $1,025,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $950,000
      Geo Method
      $1,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,255,000
      Retail
      $1,185,000
      Mixed-Use
      $1,365,000
      Hospitality
      $1,095,000
      Educational
      $1,205,000
      Residential Income
      $1,395,000
      Energy
      $1,285,000
      Income-Based Land
      $1,330,000
      Food Service
      $1,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Randolph
    State
    Illinois
    Longitude
    -89.7055
    Latitude
    38.1475

    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
    $12,058
    $11,480
    $115,640
    $127,120
    -
    $34,440
    $346,920
    $381,360

    Comparable in this City

    • Value Estimation by Request

      401 Btm St

      APARTMENT HOUSE (5+ UNITS)
      401 Btm St, Sparta, IL 62286-1444
      View Details
    • Value Estimation
      $1,285,000

      1806 Janna Ln

      APARTMENT HOUSE (5+ UNITS)
      1806 Janna Ln, Sparta, IL 62286-3563
      View Details
    • Value Estimation
      $65,000
      0.60 Acres

      2nd St

      APARTMENT HOUSE (5+ UNITS) • 0.60 Acres
      2nd St, Sparta, IL 62286
      View Details
    • Value Estimation by Request
      3.41 Acres

      10 Northbrook Dr

      APARTMENT HOUSE (5+ UNITS) • 3.41 Acres
      10 Northbrook Dr, Sparta, IL 62286-1076
      View Details
    • Value Estimation
      $360,000
      0.35 Acres

      100 James St

      APARTMENT HOUSE (5+ UNITS) • 0.35 Acres
      100 James St, Sparta, IL 62286-1258
      View Details
    • Value Estimation
      $195,000
      0.32 Acres

      411 Osborne St

      APARTMENT HOUSE (5+ UNITS) • 0.32 Acres
      411 Osborne St, Sparta, IL 62286-1445
      View Details

    Similar Nearby for Sale

    • $49,500
      0.41 Acres

      Sparta Commercial Property - Huge Potential

      Spacious corner lot building, 1452 sq ft, $49,500
      600 Main St, Sparta, IL 62286
      View Details
    • $450,000
      5,000 SF

      Prime Commercial Property on Route 4

      Versatile commercial building with high visibility and built-in tenant.
      259 N Market St, Sparta, IL 62286
      View Details
    • $250,000
      0.50 Acres

      Historical Church on Route 4

      Well-kept church with sanctuary, fellowship hall, and updated amenities.
      401 N Vine St, Sparta, IL 62286
      View Details
    • Contact for pricing
      0.39 Acres

      Lake View Wooded Land

      Wooded land near Sparta, Illinois, with lake view.
      Flamingo Rd, Sparta, IL 62286
      View Details
    • $98,500
      12.00 Acres

      12 Acres of Farmland

      12 acres of farmland and woods with road frontage.
      Roseborough Rd, Sparta, IL 62286
      View Details
    • $140,000
      1.00 Acre

      Sparta Restaurant & Land Opportunity

      Established Restaurant, Acre Lot, Turnkey Operation
      903 Saint Louis St, Sparta, IL 62286
      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.
    1804 Janna Ln
    Sparta, IL 62286-3510
    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.