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    Property profile & analytics

    355 Merchant St Macon, IL 62544-7226

    • Car washes
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US28-4394056
    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

    • Car washes

    Property Details for 355 Merchant St

    Lot size
    0.51 lot acres
    Zone code
    MUNICIPAL
    Property type
    Car washes
    APN
    16-16-33-106-008
    APU
    161633106008

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Macon
    State
    Illinois
    Longitude
    -88.9951
    Latitude
    39.712
    CBSA code
    19500
    CBSA name
    DECATUR, 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
    2023
    $4,220
    $9,880
    $44,678
    $54,558
    -
    $29,643
    $134,047
    $163,690

    Comparable in this City

    • Value Estimation
      $3,450,000
      1.80 Acres

      399 Andrews St

      SERVICE STATION WITH FOOD MART • 1.80 Acres
      399 Andrews St, Macon, IL 62544-9735
      View Details
    • Value Estimation by Request
      1,184 SF

      185 Frick St

      AUTO REPAIR, GARAGE • 1,184 SF
      185 Frick St, Macon, IL 62544-4041
      View Details
    • Value Estimation
      $65,000
      836 SF

      201 Wall St

      VEHICLE SALES, RENTALS • 836 SF
      201 Wall St, Macon, IL 62544-4094
      View Details
    • Value Estimation by Request
      3,000 SF

      147 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      147 Frnt St, Macon, IL 62544
      View Details
    • Value Estimation by Request
      4,012 SF

      Macon, IL 62544

      FINANCIAL BUILDING • 4,012 SF
      Macon, IL 62544
      View Details
    • Value Estimation by Request
      720 SF

      127 Frnt St

      SHOW ROOM, WAREHOUSE • 720 SF
      127 Frnt St, Macon, IL 62544
      View Details
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    355 Merchant St
    Macon, IL 62544-7226
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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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