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

    202 Walnut St Cherry Valley, IL 61016-9488

    • Commercial real estate
    • 1,530 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Location Intelligence
    Property ID
    US28-2245097
    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

    • Baseball Tap Bar & Grill / Bar

    Property Details for 202 Walnut St

    Year built
    1900
    Lot size
    0.18 lot acres
    Property size
    1,530 SF
    Property type
    Commercial real estate
    APN
    16-01-127-008
    APU
    1601127008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9533
    Latitude
    42.2363
    CBSA code
    40420
    CBSA name
    ROCKFORD, 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
    2023
    $3,026
    $7,412
    $29,116
    $36,528
    -
    $22,236
    $87,348
    $109,584

    Comparable in this City

    • Value Estimation by Request
      142.00 Acres

      46 Us-20

      Farms • 142.00 Acres
      46 Us-20, Cherry Valley, IL 61016
      View Details
    • Value Estimation by Request
      0.06 Acres

      62nd Perryville Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      62nd Perryville Rd, Cherry Valley, IL 61016
      View Details
    • Value Estimation
      $580,000
      13,650 SF

      4734 Baxter Rd

      COMMERCIAL (GENERAL) • 13,650 SF
      4734 Baxter Rd, Cherry Valley, IL 61016
      View Details
    • Value Estimation
      $495,000
      767,400 SF

      7820 Cherryvale Blvd

      COMMERCIAL (GENERAL) • 767,400 SF
      7820 Cherryvale Blvd, Cherry Valley, IL 61016-9429
      View Details
    • Value Estimation
      $275,000
      4,100 SF

      4129 Genoa Rd

      COMMERCIAL (GENERAL) • 4,100 SF
      4129 Genoa Rd, Cherry Valley, IL 61016-9782
      View Details
    • Value Estimation
      $180,000
      0.04 Acres

      8002 Service Rd

      COMMERCIAL (GENERAL) • 0.04 Acres
      8002 Service Rd, Cherry Valley, IL 61016-9318
      View Details

    Similar Nearby for Sale

    • $2,440,000
      142.00 Acres

      142-Acre Illinois Investment Land

      Prime agricultural, commercial, & industrial land.
      46 Us-20, Cherry Valley, IL 61016
      View Details
    • $3,049,200
      20.00 Acres

      Prime 20-Acre Commercial Land in IL

      Highway frontage, ideal for development.
      350 Us-20, Cherry Valley, IL 61016
      View Details
    • Contact for pricing
      140.00 Acres

      Rockford Industrial Development

      140+ acres, build-to-suit options.
      I-39 And Baxter Rd, Rockford, IL 61016
      View Details
    • $485,000

      Land Development Opportunity in Cherry Valley

      3.2 acres of land with development potential in Cherry Valley.
      2382 Bell School Rd, Cherry Valley, IL 61016
      View Details
    • $59,900
      1.03 Acres

      Spacious Buildable Lot in Cherry Valley

      1.03-acre lot near parks, lake, and I-90/39 corridor.
      3349 Mill Rd, Cherry Valley, IL 61016
      View Details
    • $279,000

      Spacious Duplex in Cherry Valley

      Two-unit property with versatile layouts and classic downtown character.
      739 Elgin St, Cherry Valley, IL 61016
      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.
    202 Walnut St
    Cherry Valley, IL 61016-9488
    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.