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    Property profile & analytics

    315 State St Good Hope, IL 61438-5000

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 19, 2022
    Location Intelligence
    Property ID
    US28-4513061
    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 315 State St

    Property type
    Commercial real estate
    APN
    16-000-407-00
    APU
    1600040700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Good Hope
    County
    Mcdonough
    State
    Illinois
    Longitude
    -90.6793
    Latitude
    40.5586
    CBSA code
    31380
    CBSA name
    MACOMB, 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
    $1,099
    $2,195
    $10,937
    $13,132
    -
    $6,585
    $32,811
    $39,396

    Comparable in this City

    • Value Estimation by Request

      425 Monmouth St

      COMMERCIAL (GENERAL)
      425 Monmouth St, Good Hope, IL 61438-5003
      View Details
    • Value Estimation
      $650,000
      9.05 Acres

      11575 State Rte 9th 9

      COMMERCIAL (GENERAL) • 9.05 Acres
      11575 State Rte 9th 9, Good Hope, IL 61438-9267
      View Details
    • Value Estimation by Request

      165 Chestnut St

      COMMERCIAL (GENERAL)
      165 Chestnut St, Good Hope, IL 61438
      View Details
    • Value Estimation by Request

      125 Main St

      COMMERCIAL (GENERAL)
      125 Main St, Good Hope, IL 61438-9800
      View Details
    • Value Estimation
      $270,000
      7.22 Acres

      17905 2300th Rd

      COMMERCIAL (GENERAL) • 7.22 Acres
      17905 2300th Rd, Good Hope, IL 61438-9255
      View Details
    • Value Estimation by Request

      Good Hope, IL 61438

      COMMERCIAL (GENERAL)
      Good Hope, IL 61438
      View Details
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    315 State St
    Good Hope, IL 61438-5000
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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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