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    Property profile & analytics

    401 Main St Danvers, IL 61732-9365

    • Commercial real estate
    • 2,250 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-1666605
    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

    • Rocki Mini Storage / Storage Facility

    Property Details for 401 Main St

    Year built
    2002
    Construction
    CONCRETE
    Lot size
    0.49 lot acres
    Property size
    2,250 SF
    Property type
    Commercial real estate
    APN
    12-23-131-005
    APU
    1223131005

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Mclean
    State
    Illinois
    Longitude
    -89.1825
    Latitude
    40.5274
    CBSA code
    14010
    CBSA name
    BLOOMINGTON, 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
    $903
    $3,442
    $7,402
    $10,844
    -
    $10,326
    $22,206
    $32,532

    Comparable in this City

    • Value Estimation
      $315,000
      1.45 Acres

      6955 1625th N Rd

      COMMERCIAL (GENERAL) • 1.45 Acres
      6955 1625th N Rd, Danvers, IL 61732
      View Details
    • Value Estimation
      $390,000
      15,876 SF

      401 Main St

      COMMERCIAL (GENERAL) • 15,876 SF
      401 Main St, Danvers, IL 61732-9365
      View Details
    • Value Estimation
      $210,000
      1,628 SF

      102 Park St

      COMMERCIAL (GENERAL) • 1,628 SF
      102 Park St, Danvers, IL 61732-9383
      View Details
    • Value Estimation by Request
      1,600 SF

      103 Park St

      COMMERCIAL (GENERAL) • 1,600 SF
      103 Park St, Danvers, IL 61732
      View Details
    • Value Estimation
      $225,000
      2,626 SF

      111 Park St

      COMMERCIAL (GENERAL) • 2,626 SF
      111 Park St, Danvers, IL 61732
      View Details
    • Value Estimation by Request
      900 SF

      105 Columbia St

      COMMERCIAL (GENERAL) • 900 SF
      105 Columbia St, Danvers, IL 61732-9211
      View Details
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    401 Main St
    Danvers, IL 61732-9365
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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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