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    Property profile & analytics

    223 Main St Pecatonica, IL 61063

    • Commercial real estate
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    May 17, 2024
    $130,000
    Location Intelligence
    Property ID
    US28-1409846
    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

    • Bennett Construction Inc. / Concrete Contractor / General Contractor

    Property Details for 223 Main St

    Year built
    1940
    Lot size
    0.26 lot acres
    Property type
    Commercial real estate
    APN
    09-29-230-020
    APU
    929230020

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pecatonica
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.3598
    Latitude
    42.3152
    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
    $2,887
    $13,148
    $21,716
    $34,864
    -
    $39,444
    $65,148
    $104,592

    Comparable in this City

    • Value Estimation by Request
      1,024 SF

      414 Main St

      COMMERCIAL (GENERAL) • 1,024 SF
      414 Main St, Pecatonica, IL 61063
      View Details
    • Value Estimation
      $160,000
      4,029 SF

      202 3rd St

      COMMERCIAL (GENERAL) • 4,029 SF
      202 3rd St, Pecatonica, IL 61063-7001
      View Details
    • Value Estimation by Request
      1,728 SF

      420 Main St

      COMMERCIAL (GENERAL) • 1,728 SF
      420 Main St, Pecatonica, IL 61063-7737
      View Details
    • Value Estimation by Request
      2,160 SF

      420 Main St

      COMMERCIAL (GENERAL) • 2,160 SF
      420 Main St, Pecatonica, IL 61063-7737
      View Details
    • Value Estimation
      $85,000
      2,700 SF

      111 4th St

      COMMERCIAL (GENERAL) • 2,700 SF
      111 4th St, Pecatonica, IL 61063-7712
      View Details
    • Value Estimation
      $395,000
      1.50 Acres

      1205 Main St

      COMMERCIAL (GENERAL) • 1.50 Acres
      1205 Main St, Pecatonica, IL 61063
      View Details

    Similar Nearby for Sale

    • $45,000
      1.46 Acres

      Pecatonica Buildable Lot For Sale

      1.46-acre lot in Pecatonica School District, ready for construction.
      24xx Jackson St, Pecatonica, IL 61063
      View Details
    • $69,900

      Historic Storefront in Downtown Pecatonica

      Vacant storefront in Pecatonica's downtown business district.
      418 Main St, Pecatonica, IL 61063
      View Details
    • $279,900

      Historic Building in Downtown Pecatonica

      Two storefronts, cafe, and warehousing in Pecatonica, Illinois.
      423-425 Main St, Pecatonica, IL 61063
      View Details
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    223 Main St
    Pecatonica, IL 61063
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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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