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    Property profile & analytics

    272 Main St Seneca, IL 61360-9318

    • Commercial real estate
    • 1,680 SF
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Mar 14, 2025
    Location Intelligence
    Property ID
    US28-4296884
    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

    • Fergy's Bar & Grill / Bar

    Property Details for 272 Main St

    Year built
    1956
    Property size
    1,680 SF
    Property type
    Commercial real estate
    APN
    24-24-307-002
    APU
    2424307002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seneca
    County
    Lasalle
    State
    Illinois
    Longitude
    -88.6097
    Latitude
    41.316
    CBSA code
    36837
    CBSA name
    OTTAWA, IL MICROPOLITAN 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
    $1,830
    $2,217
    $24,920
    $27,137
    -
    $6,651
    $74,760
    $81,411

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      260 Main St

      COMMERCIAL (GENERAL) • 1,680 SF
      260 Main St, Seneca, IL 61360-9318
      View Details
    • Value Estimation by Request
      2,300 SF

      311 Main St

      COMMERCIAL (GENERAL) • 2,300 SF
      311 Main St, Seneca, IL 61360-9033
      View Details
    • Value Estimation by Request
      6.39 Acres

      Seneca, IL 61360

      COMMERCIAL (GENERAL) • 6.39 Acres
      Seneca, IL 61360
      View Details
    • Value Estimation
      $1,190,000
      6,000 SF

      222 Jackson St

      COMMERCIAL (GENERAL) • 6,000 SF
      222 Jackson St, Seneca, IL 61360-9324
      View Details
    • Value Estimation
      $145,000
      4,500 SF

      304 Main St

      COMMERCIAL (GENERAL) • 4,500 SF
      304 Main St, Seneca, IL 61360-9350
      View Details
    • Value Estimation
      $5,265,000
      1,650 SF

      2464 29th Rd

      COMMERCIAL (GENERAL) • 1,650 SF
      2464 29th Rd, Seneca, IL 61360-9768
      View Details

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    272 Main St
    Seneca, IL 61360-9318
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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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