Property profile

404 Main St Farmer City, IL 61842

OFF-MARKET
Commercial real estate
Property ID
US28-4027808
9,855 SF Built 1958
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,855 SF
APN 05-28-377-012
UPID US28-4027808

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

404 Main St Farmer City, IL 61842-1460
Farmer City metro Census 971400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2022
2 recorded transactions
2022
$45,000
2012
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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