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    Property profile & analytics

    3-200 Association Dr Lanark, IL 61046-9120

    • Retail space
    • 3.73 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US28-4082650
    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

    • Lake Carroll Association / Association / Organization

    Property Details for 3-200 Association Dr

    Lot size
    3.73 lot acres
    Property type
    Retail space
    APN
    01-05-07-332-002
    APU
    10507332002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanark
    County
    Carroll
    State
    Illinois
    Longitude
    -89.8451
    Latitude
    42.169

    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
    $2,210
    $9,205
    $26,961
    $36,166
    -
    $27,643
    $80,964
    $108,607

    Comparable in this City

    • Value Estimation by Request
      15,810 SF

      301 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 15,810 SF
      301 Broad St, Lanark, IL 61046-1007
      View Details
    • Value Estimation by Request
      0.08 Acres

      109 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      109 Broad St, Lanark, IL 61046-1003
      View Details
    • Value Estimation by Request
      0.09 Acres

      110 Carroll St

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      110 Carroll St, Lanark, IL 61046-1022
      View Details
    • Value Estimation by Request
      0.11 Acres

      116 Carroll St

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      116 Carroll St, Lanark, IL 61046-1144
      View Details
    • Value Estimation by Request
      0.06 Acres

      114 Carroll St

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      114 Carroll St, Lanark, IL 61046
      View Details
    • Value Estimation by Request
      0.16 Acres

      106 Pearl St

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      106 Pearl St, Lanark, IL 61046-1321
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.03 Acres

      Lake Carroll Golf Course Lot

      1.03-acre lot near golf course with deeded boat slip.
      31-26 Cog Hl, Lake Carroll, IL 61046
      View Details
    • $37,000
      1.97 Acres

      Lake Carroll Buildable Lot

      1.97-acre buildable lot with lake views in Lake Carroll.
      25-43 Old, Lake Carroll, IL 61046
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      0.54 Acres

      Lake Carroll Double Lot

      0.54 acre double lot with Lake Carroll amenities.
      13-102 Quail Hollow Dr, Lake Carroll, IL 61046
      View Details
    • $199,000
      2.04 Acres

      Waterfront Lot on Lake Carroll

      2.04 acre waterfront lot with lake access and amenities.
      25-60 Cottage Hill Ct, Lake Carroll, IL 61046
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    • Contact for pricing
      1.00 Acre

      Buildable Lot in Lake Carroll

      Flat, cleared 1-acre lot in a desirable lake community.
      31-39 Wakonda Dr, Lake Carroll, IL 61046
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      0.53 Acres

      Wooded Land in Lake Carroll

      0.53 acre wooded property in Lake Carroll, Illinois.
      20-31 Fox Run Ct, Lake Carroll, IL 61046
      View Details
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    3-200 Association Dr
    Lanark, IL 61046-9120
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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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