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    Property profile & analytics

    24002 Tower Rd Kewanee, IL 61443

    • Commercial real estate
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US28-3118173
    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

    • Commercial real estate

    Property Details for 24002 Tower Rd

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate
    APN
    20-19-100-002
    APU
    2019100002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kewanee
    County
    Henry
    State
    Illinois
    Longitude
    -89.9719
    Latitude
    41.2761
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-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
    2021
    $2,728
    $6,011
    $29,447
    $35,458
    -
    $18,033
    $88,341
    $106,374

    Comparable in this City

    • Value Estimation by Request
      0.79 Acres

      Main St

      Commercial real estate • 0.79 Acres
      Main St, Kewanee, IL 61443
      View Details
    • Value Estimation by Request

      420 Main St

      COMMERCIAL (GENERAL)
      420 Main St, Kewanee, IL 61443-2866
      View Details
    • Value Estimation by Request

      120 Main St

      COMMERCIAL (GENERAL)
      120 Main St, Kewanee, IL 61443-2222
      View Details
    • Value Estimation by Request

      24868 State Hwy 81

      COMMERCIAL (GENERAL)
      24868 State Hwy 81, Kewanee, IL 61443-9052
      View Details
    • Value Estimation by Request
      0.20 Acres

      815 Stokes St

      COMMERCIAL (GENERAL) • 0.20 Acres
      815 Stokes St, Kewanee, IL 61443-1966
      View Details
    • Value Estimation by Request
      0.76 Acres

      116 Tremont St

      COMMERCIAL (GENERAL) • 0.76 Acres
      116 Tremont St, Kewanee, IL 61443-2140
      View Details

    Similar Nearby for Sale

    • $475,000
      3,720 SF

      Kewanee Commercial Building Opportunity

      Prime Location, Former Bank, 3720 sq ft
      101 Central Blvd, Kewanee, IL 61443
      View Details
    • $85,900
      0.79 Acres

      Kewanee Commercial Land - $85,900

      Prime .79-acre commercial lot, ideal for redevelopment.
      0 Main St, Kewanee, IL 61443
      View Details
    • $80,900
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      Kewanee Commercial Land - Prime Location

      Build Your Dream Business - .79 Acres
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    24002 Tower Rd
    Kewanee, IL 61443
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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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