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    Property profile & analytics

    225 Lockwood Dr Red Bud, IL 62278-2012

    • Apartment buildings
    • 2.02 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US28-4119031
    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 225 Lockwood Dr

    Lot size
    2.02 lot acres
    Property type
    Apartment buildings
    APN
    13-118-016-50
    APU
    1311801650

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Red Bud
    County
    Randolph
    State
    Illinois
    Longitude
    -89.9845
    Latitude
    38.2103

    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
    $5,045
    $21,310
    $63,080
    $84,390
    -
    $63,930
    $189,240
    $253,170

    Comparable in this City

    • Value Estimation
      $330,000
      0.48 Acres

      720 Country Clb Dr

      APARTMENT HOUSE (5+ UNITS) • 0.48 Acres
      720 Country Clb Dr, Red Bud, IL 62278-1437
      View Details
    • Value Estimation
      $280,000
      0.59 Acres

      520 Steven Dr, Unit 530

      APARTMENT HOUSE (5+ UNITS) • 0.59 Acres
      520 Steven Dr, Red Bud, IL 62278-1436
      View Details
    • Value Estimation
      $230,000
      0.37 Acres

      606 Country Clb Dr

      APARTMENT HOUSE (5+ UNITS) • 0.37 Acres
      606 Country Clb Dr, Red Bud, IL 62278-1453
      View Details
    • Value Estimation by Request

      408 Short St

      APARTMENT HOUSE (5+ UNITS)
      408 Short St, Red Bud, IL 62278-1677
      View Details
    • Value Estimation by Request
      0.28 Acres

      315 Locust St

      APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
      315 Locust St, Red Bud, IL 62278-1153
      View Details
    • Value Estimation
      $315,000
      0.95 Acres

      575 Country Clb Dr

      APARTMENT HOUSE (5+ UNITS) • 0.95 Acres
      575 Country Clb Dr, Red Bud, IL 62278-1454
      View Details

    Similar Nearby for Sale

    • $750,000
      0.28 Acres

      Ruma Wine Bar & Restaurant

      Turn-key operation, charming atmosphere
      214 Main St, Ruma, IL 62278
      View Details
    • $895,000
      10,272 SF

      Auto Body Repair Facility

      Well-maintained auto body repair facility on 5 acres.
      1360 W Market St, Red Bud, IL 62278
      View Details
    • $520,000

      39 Acres of Tillable Farmland

      39+/- acre tract suitable for home, agriculture, or investment.
      000 Mm Rd, Red Bud, IL 62278
      View Details
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    225 Lockwood Dr
    Red Bud, IL 62278-2012
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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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